Description

Coherent Sells $400 Million Unit To Advent—What Are They Hiding?

Coherent Corp has announced a strategic divestiture, selling its Aerospace and Defense (A&D) business unit to private equity firm Advent International for $400 million. The transaction, disclosed on August 13, 2025, marks a critical pivot in Coherent’s broader portfolio optimization initiative. As part of this deal, Coherent will relinquish approximately 550 employees and 10 global operational sites tied to the A&D division. The deal, expected to close in Q3 of calendar 2025, will see the unit rebranded under a new identity post-acquisition. Coherent’s CEO Jim Anderson emphasized that the sale is aligned with the company’s long-term focus areas, with the proceeds directly earmarked for debt reduction and boosting earnings per share (EPS). Despite these intentions, the market responded coolly—shares fell 13% in post-market trading, suggesting skepticism about the valuation or strategic timing.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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