APH · 10-Q · 2026Q2 · Full report
Acquisitions and Partnerships
AMPHENOL CORP /DE/ · 2026-07-31 · Importance 71 · Surprise 60 · No source text
Amphenol completed three acquisitions during the six months ended June 30, 2026, including CommScope for approximately $10,684.0 million net of cash acquired. CommScope and one other acquisition were included in the Communications Solutions segment, while the remaining acquisition was included in the Interconnect and Sensor Systems segment. The acquisitions were funded with proceeds from the November Senior Notes, Delayed Draw Term Loans and cash on hand. Net cash used in investing activities increased to $11,703.6 million from $2,964.2 million, primarily because of the $10,684.0 million acquisition funding.
Key facts
- On January 9, 2026, the Company drew the full $1,534.1 available under each of the Delayed Draw Term Loans to fund a portion of the consideration for the CommScope acquisition source
- During the six months ended June 30, 2026, the Company completed three acquisitions (the 2026 Acquisitions), including the acquisition of CommScope for approximately $10,684.0, net of cash acquired source
- Use of $10,684.0 to fund the 2026 Acquisitions, primarily the CommScope acquisition, in the first six months of 2026 source
- Goodwill increased $6,979.3 to $17,554.7 driven by goodwill recognized from the 2026 Acquisitions, primarily the CommScope acquisition. source
- During the year ended December 31, 2025, the Company completed five acquisitions for approximately $3,818.6, net of cash acquired, including Andrew and Trexon source
- Other intangible assets, net increased $3,047.5 to $5,288.9 due to recognition of certain intangible assets related to the 2026 Acquisitions, primarily the CommScope acquisition. source
- On January 9, 2026, the Company used the net proceeds from the November Senior Notes, together with borrowings under the Delayed Draw Term Loans and cash on hand, to fund the cash consideration for the CommScope acquisition source
- The 2026 Acquisitions were funded through net proceeds from the November Senior Notes, the Delayed Draw Term Loans and cash on hand source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | realized | +23.8% | During the six months ended June 30, 2026, the Company completed three acquisitions (the 2026 Acquisitions), including the acquisition of… |
| assets | positive | realized | +15.6% | Goodwill increased $6,979.3 to $17,554.7 driven by goodwill recognized from the 2026 Acquisitions, primarily the CommScope acquisition. |
| liability | negative | realized | -6.8% | On January 9, 2026, the Company drew the full $1,534.1 available under each of the Delayed Draw Term Loans to fund a portion of the… |
| assets | positive | realized | +6.8% | Other intangible assets, net increased $3,047.5 to $5,288.9 due to recognition of certain intangible assets related to the 2026… |