Flex Completes $4.4 Billion Cash Acquisition of EPC Power Corp.

Flex has completed its acquisition of EPC Power Corp. for a total cash consideration of $4.4 billion. To fund the transaction, Flex borrowed a combined $4.4 billion under two separate credit facilities. EPC Power will be integrated into Flex's Cloud and Power Infrastructure business, which is slated for a spin-off in the first quarter of 2027.

Key Details

• Acquisition Details: The acquisition of EPC Power Corp. was completed on October 14, 2026, for a purchase price of $4.4 billion in cash.
• Financing: The transaction was funded through borrowings of $3.3 billion under a senior term loan facility and $1.1 billion under a new bridge credit facility, both maturing on October 13, 2027.
• Strategic Context: EPC Power will become part of Flex's Cloud and Power Infrastructure business, which is planned to be separated into an independent public company, Axiom Solutions International, Inc., in Q1 2027. Axiom is expected to use proceeds from a separate $2.0 billion preferred investment to repay the borrowings incurred by Flex.