RA Capital represented Integrated Microwave Corporation (“IMC” or the “Company”) as its exclusive financial advisor in its May 2021 sale to Knowles Corporation (NYSE: KN) (“Knowles”)
Highly Attractive, Private Business: Founded in 1982, IMC is a leading designer and manufacturer of precision radio frequency (“RF”) and microwave filters for high-frequency, advanced communication systems. IMC is a critical supplier to next-generation military radar, munitions, aircraft, missile defense, and space exploration programs
Deal Execution: RA Capital supported a highly-competitive sale process that resulted in the owners of IMC selecting Knowles as the party that offered a great long-term home for the business
Compelling Product Synergies: With this acquisition, the Knowles Precision Devices Microwave group can offer a complete range of RF and microwave filtering solutions to expand upon their offering of small, temperature-stable filters
Integrated Microwave Corporation is a leading designer and manufacturer of precision RF and microwave filters for the aerospace, defense, space exploration, industrial test and measurement, research, and communication industries worldwide. Founded in 1982, the Company specializes in advanced communications across radio frequencies in the electromagnetic spectrum, from 300 kHz to 40 GHz (UHF to EHF).
About Knowles (NYSE: KN)
Knowles Corporation is a global provider of advanced micro-acoustic, audio processing, and precision device solutions, serving the mobile consumer electronics, communications, medical, defense, automotive, and industrial markets. The company’s precision device division (Knowles Precision Devices) is a premier global source for capacitors, RF filters, EMI filters, resonators, non-magnetic components and advanced dielectric materials.