Filing Flows › UFP Technologies (UFPT) › Takeover & LBO
Is UFP Technologies (UFPT) a takeover target?
A leveraged buyout at today's price plus 30% ($379.17 a share) would return about 2% a year to a private-equity buyer over 5 years; the most a buyer could pay for a 20% return is $206.63 a share (−29% against today's $291.67). Historically 5.5% of companies with its figures were bought within a year (1.1× the average).
The buyout, step by step
| Entry | Amount | How |
|---|---|---|
| Offer price a share | $379.17 | today's $291.67 plus 30% |
| × shares | 7.8 million | |
| = Equity value | $3.0B | |
| + Debt refinanced | $117M | |
| − Cash | $9.0M | |
| = Enterprise value | $3.1B | 26.5× EBITDA of $115M |
| Fees | $61.2M | 2% of the price |
| New debt | $635M | 5.5× EBITDA at 7.65% a year; the limit that binds: 5.5× EBITDA |
| Buyer's own money | $2.5B | 80% of the cost |
5 years under the buyer
| Year | Revenue | EBITDA | Interest | Free cash flow | Debt left |
|---|---|---|---|---|---|
| Year 1 | $678M | $124M | $48.6M | $51.6M | $584M |
| Year 2 | $720M | $132M | $44.6M | $61.4M | $522M |
| Year 3 | $757M | $138M | $40.0M | $71.1M | $451M |
| Year 4 | $788M | $144M | $34.5M | $80.7M | $370M |
| Year 5 | $812M | $148M | $28.3M | $90.0M | $280M |
The exit and the buyer's return
| Exit | Amount | |
|---|---|---|
| Exit multiple | 20.6× EBITDA | today's trading multiple, before any premium |
| Enterprise value at exit | $3.1B | |
| − Debt left | $280M | |
| = Buyer's equity | $2.8B | |
| Money multiple | 1.12× | on $2.5B put in |
| Buyer's yearly return (IRR) | 2.2% |
Price against return
What the buyer makes at other premiums over today's $291.67; the IRR reaches 20% at $206.63 a share.
| Premium | Price a share | Buyer's IRR |
|---|---|---|
| 10% | $320.84 | 6.5% |
| 20% | $350.00 | 4.3% |
| 30% | $379.17 | 2.2% |
| 40% | $408.34 | 0.4% |
| 50% | $437.50 | −1.2% |
The figures used
| Figure | Amount | |
|---|---|---|
| Revenue, last 12 months | $632M | |
| EBITDA, last 12 months | $115M | 18.3% of revenue |
| Depreciation and amortization | $19.1M | |
| Capital spending | $9.7M | |
| Debt | $117M | |
| Cash | $9.0M | |
| Share price | $291.67 | on Oct 16, 2026 |
Fixed rules, the same as the interactive view's starting point: the shares are bought at today's price plus 30%, the company's debt is refinanced and fees take 2%. New debt is the least of 5.5× EBITDA, 65% of the price and the amount whose interest EBITDA covers 2 times, at 7.65% a year (SOFR 3.89% plus the high-yield B spread 3.26% plus 0.5%, rates of Oct 15, 2026). Revenue grows 7.3% in the first year — the company's own rate, held between −3% and +8% — fading to 3% by year 5; the EBITDA margin, depreciation and capital spending stay at today's share of revenue; working capital takes 10% of each year's added revenue; tax is 16% of profit after interest. Every dollar of free cash flow repays debt. After 5 years the buyer sells at today's multiple of EBITDA.
What a takeover could cost
Takeovers in its sector paid a median premium of 35% over the share price before the deal (the middle half 22% to 45%), according to the 15 merger proxies and tender-offer responses on EDGAR that state a premium. At the median, UFP Technologies would cost about $393.75 a share, $3.1B for all its shares.
| Premium | % | Price a share | All shares |
|---|---|---|---|
| Low end (a quarter of deals paid less) | 22% | $355.84 | $2.8B |
| Median | 35% | $393.75 | $3.1B |
| High end (a quarter paid more) | 45% | $422.92 | $3.3B |
The odds, from history
Historically 5.5% of companies with its figures were bought within a year (1.1× the average). Its figures put it in decile 7 of 10 (10 = the most likely to be bought). The odds come from a model of every merger proxy, tender-offer response and going-private statement filed on EDGAR since 2011, set against each company's size, margins, debt, cash flow and growth the year before.
UFP Technologies' latest quarter
UFP Technologies, Q3 2026: revenue $172M (+12% year over year), operating margin 16.0%, net earnings $20.6M, operating cash flow $38.5M. The chart follows the revenue to costs, profit and cash.
Questions
Is UFP Technologies being acquired?
No headline, 8-K or 13D about a sale is on file in the last year.
Could private equity buy UFP Technologies?
A leveraged buyout at today's price plus 30% ($379.17 a share) would return about 2% a year to a private-equity buyer over 5 years; the most a buyer could pay for a 20% return is $206.63 a share (−29% against today's $291.67).
What would a takeover of UFP Technologies cost?
Takeovers in its sector paid a median premium of 35% over the share price before the deal (the middle half 22% to 45%), according to the 15 merger proxies and tender-offer responses on EDGAR that state a premium. At the median, UFP Technologies would cost about $393.75 a share, $3.1B for all its shares.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.