Brief: CompoSecure Announces Business Combination With Husky Technologies
03/11/2025 10:49
Nov 3 (Reuters) - CompoSecure Inc CMPO.N: COMPOSECURE REPORTS STRONG 3Q25 FINANCIAL RESULTS AND ANNOUNCES BUSINESS COMBINATION WITH HUSKY TECHNOLOGIES COMPOSECURE INC - CO AND HUSKY TECHNOLOGIES COMBINATION VALUED AT $7.4 BILLION COMPOSECURE INC - DEAL ENTERPRISE VALUE AT $5 BILLION COMPOSECURE INC: RAISING FULL YEAR 2025 GUIDANCE AND ISSUING FULL YEAR 2026 GUIDANCE COMPOSECURE INC OUTLOOK FY2026 TOTAL NON-GAAP NET SALES OF APPROXIMATELY $510 MILLION COMPOSECURE: BUSINESS COMBINATION BEING FUNDED THROUGH PRIVATE PLACEMENT OF ABOUT $2.0 BILLION, EQUITY ROLLOVER OF ABOUT $1.0 BILLION FROM PLATINUM EQUITY COMPOSECURE INC OUTLOOK FY2026 NON-GAAP ADJUSTED EBITDA OF APPROXIMATELY $190 MILLION COMPOSECURE INC: TRANSACTION IS EXPECTED TO BE 20%+ ACCRETIVE TO ADJUSTED EPS IN FIRST FULL YEAR POST-CLOSING COMPOSECURE INC - GUIDANCE DOES NOT INCLUDE ANY IMPACT FROM ANNOUNCED ACQUISITION OF HUSKY COMPOSECURE INC OUTLOOK FY2025 TOTAL NON-GAAP NET SALES OF APPROXIMATELY $463 MILLION COMPOSECURE INC: EXPECTS NON-GAAP PRO FORMA ADJUSTED EBITDA OF APPROXIMATELY $165-170 MILLION IN 2025 Source text: ID:nGNXXBx35 Further company coverage: CMPO.N ((Reuters.Briefs@thomsonreuters.com;))