NetBrands signs letter of intent to acquire controlling stake in High Speed Interconnects
Bitget2026/10/27 12:55- NetBrands signed a nonbinding letter of intent to acquire a controlling interest in High Speed Interconnects, expanding into advanced connectivity technologies.
- HSI manufactures high-performance cable assemblies for aerospace, defense and other advanced technology markets; it would operate as a subsidiary following closing.
- Completion remains subject to definitive agreements, due diligence and closing conditions.
- Preliminary, unaudited management figures indicate combined fiscal 2026 revenue of up to USD 20 million, with EBITDA of USD 4 million.
- Forecast recurring commitments total USD 20 million–USD 30 million for 2027 and beyond; the financial projections remain unverified.
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