TransDigm Group Incorporated (TDG) announced the completion of its acquisition of Prince & Izant (P&I), a manufacturer of highly engineered brazing alloys and specialty metal components. The all-cash transaction is valued at approximately $1.066 billion, including certain tax benefits, and was financed with cash on hand. P&I primarily serves the aerospace and defense aftermarket with proprietary products.
Key Details
- Purchase Price: Approximately $1.066 billion in cash, including tax benefits, financed entirely with cash on hand.
- Acquired Company Profile: Prince & Izant is expected to generate approximately $390 million in revenue for the calendar year ending December 31, 2026.
- Business Focus: P&I specializes in proprietary brazing alloys and metal components for critical applications, with the majority of its revenue derived from the aerospace and defense aftermarket.