Supporting ANRITSU CORPORATION's Strategic UK Acquisition

Client: ANRITSU CORPORATION

Industry: Electronics & Test & Measurement Technology

Business Nature: A global provider of innovative test and measurement solutions for communications, electronics, food, pharmaceuticals and other industries.

Anritsu engaged Forvis Mazars to support its strategic acquisition of a stake in AIM-TTI Holdings Limited, a UK-based manufacturer of electronic test and measurement instruments and laboratory power supplies. The acquisition, announced by Anritsu in July 2026, supports the company's strategy to strengthen its product portfolio and expand its technological capabilities in the global test and measurement market.
 

Key Challenges

Cross-border acquisitions involve much more than evaluating financial performance. Investors must navigate different accounting standards, tax regulations and legal frameworks while maintaining momentum throughout a competitive transaction process.

 For this acquisition, Anritsu required coordinated financial and tax due diligence across multiple jurisdictions to gain a clear understanding of the target business, identify potential risks, and support informed investment decisions. With several advisers working simultaneously, seamless collaboration and timely communication were essential to achieving a successful outcome.
 

Our Solutions

Forvis Mazars brought together specialists from Japan, the UK and Thailand to deliver an integrated cross-border advisory solution.

 Our Japan Financial Advisory team led the engagement, providing Financial Due Diligence and SPA review on Finance, while our UK team supported the transaction with Tax Due Diligence and SPA review on Tax. Valuation specialists from our Thailand team contributed additional expertise to provide a comprehensive assessment of the investment.

 Working as one integrated team, we combined local market knowledge with international transaction experience to deliver practical, commercially focused advice throughout the acquisition process. Close collaboration with Anritsu and other transaction stakeholders enabled us to respond quickly to evolving requirements and support key decisions at every stage.
 

Added Value Delivered

By providing coordinated financial, tax and valuation insights through a single global team, we helped Anritsu navigate the complexities of an international acquisition with greater clarity and confidence.

Beyond identifying key financial and tax considerations, our team worked proactively with the client to resolve issues efficiently and provide practical recommendations throughout the transaction. This collaborative approach helped facilitate a smooth due diligence process and contributed to the successful completion of the acquisition.
 

Client Testimonial

"Your financial and tax expertise, practical advice, and commitment were instrumental in helping us navigate the many complexities of the transaction. We especially appreciated your flexible support throughout the process. Your ability to identify key issues, provide thoughtful recommendations, and help us manage risks contributed significantly to the successful outcome of this transaction."

- ANRITSU CORPORATION 
 

Our Expertise in Cross-border M&A Transactions

Cross-border acquisitions demand both local insight and global coordination. By bringing together specialists across our international network, Forvis Mazars delivers integrated Deal Advisory services - from Financial and Tax Due Diligence to Valuation and SPA support—to help clients manage complexity and make confident investment decisions.