Arcline-backed Arxis agrees to buy Omnetics Connector for about $890 million

Arxis, Inc. Class A

Arxis, Inc. Class A

ARXS

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  • Arxis, formed with Arcline Investment Management, agreed to buy Omnetics Connector in an all-stock deal, subject to lockups.
  • Arxis also bought MagCanica on June 1 in an all-cash transaction.
  • Combined purchase price about $890 million, valued at 12x FY27 estimated adjusted EBITDA.
  • Omnetics is expected to close in Q3 2026; both Omnetics and MagCanica will sit in Arxis’ Electronic Components segment.


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