Fylgia advised PCTEL in the sale to Amphenol Corporation
PCTEL, Inc. (Nasdaq: PCTI), a leading global provider of wireless technology solutions, has announced that it has reached a definitive agreement to be acquired by Amphenol Corporation (NYSE: APH), one of the world’s largest providers of high-technology interconnect, sensor, and antenna solutions. The transaction is expected to close in the fourth quarter of 2023 or early 2024, subject to customary closing conditions, including approval by PCTEL stockholders. Upon completion of the transaction, PCTEL will no longer be listed on any public market. Fylgia advised PCTEL on Swedish law aspects in the transaction.
Fylgia’s team was led by Mattias Larsson (partner, Head of M&A), and also consisted of Anneli Lönnborg (partner, Employment), Jesper Linder (senior associate, Public Procurement and FDI) and Alexander Hafvenström (associate, M&A).