CommScope: Home Networks Business-Vantiva deal includes earnout up to $100M

Under the terms of the Home Networks Business-Vantiva deal, which is expected to be completed in Q4 2023, CommScope will receive: a 25% stake in Vantiva at closing; and an earnout of up to $100M, contingent upon Vantiva achieving EBITDA equal to or exceeding EUR 400M in a given year over a 5-year period and meeting certain other thresholds. This transaction structure allows CommScope to capture future upside from significant synergy value creation. CommScope will also have one representative join Vantiva’s Board of Directors, highlighting its commitment to Vantiva’s strategy.