Celestica Inc. (TSX:CLS) signed a definitive agreement to acquire NCS Global Services LLC for $56 million in following the close of the quarter. The consideration consist of $36 million (about 6 times of its trailing twelve months' non-GAAP
adjusted earnings before interest, taxes, depreciation and amortization (Adjusted EBITDA)) and earnout of up to $20 million if certain Adjusted EBITDA targets are achieved. The transaction is expected to close in May 2024 or earlier,
subject to satisfaction of customary closing conditions.