Baylin Technologies to Acquire Sweden’s Kaelus for $42 Million
Baylin Technologies Inc. will acquire Sweden's Kaelus AB for $42 million CAD, paid in cash and shares. The acquisition is expected to triple Baylin's adjusted EBITDA by 2026, with lower debt leverage. Kaelus offers complementary products and global reach, promising cross-selling opportunities and cost synergies. Financing includes a $10 million equity raise and a $30.9 million credit facility. The combined backlog at Q3 2025 was $51.2 million.
Baylin Technologies Inc. has entered into a definitive agreement to acquire 100% of the shares of Kaelus AB, a Sweden-based provider of next-generation antenna solutions, RF conditioning, synchronization, and test and measurement equipment. The purchase price is approximately SEK 285 million (about $42 million CAD), to be paid in cash and Baylin common shares. Following the completion of the transaction, the combined business is forecast to reach approximately $141 million in revenue and $15.9 million in adjusted EBITDA in 2026, nearly tripling Baylin’s adjusted EBITDA with significantly lower debt leverage. Kaelus brings a complementary product portfolio, expanded global reach, and is expected to deliver strong cross-selling opportunities and cost synergies. The combined backlog of the two companies at the end of Q3 2025 was $51.2 million. Financing for the acquisition includes a $10 million equity raise led by Paradigm Capital and a non-binding term sheet for a new $30.9 million credit facility from a leading Canadian lender. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Baylin Technologies Inc. published the original content used to generate this news brief via CNW (Ref. ID: C9207) on December 01, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
