TDG · 8-K · 20260928PR000064
Acquisition / Partnership / Divestiture
TransDigm Group INC · 2026-09-28 · Importance 65 · Surprise 60 · In source text
TransDigm completed its acquisition of Prince & Izant (P&I) on September 28, 2026, for approximately $1.066 billion in cash, including certain tax benefits. The acquisition was financed with cash on hand and had previously been announced on July 27, 2026. P&I designs and manufactures brazing alloys and specialty metal components, primarily serving aerospace and defense, aeroderivative turbine, and transportation end markets; it derives most revenue from the aftermarket and specialty-metal alloys. P&I has manufacturing locations in Cleveland, Ohio; Tinley Park, Illinois; Franksville, Wisconsin; and Bay Shore, New York, and employs approximately 220 people.
Key facts
- TransDigm acquired Prince & Izant for approximately $1.066 billion in cash, including certain tax benefits. source
- TransDigm financed its acquisition of Prince & Izant through cash on hand. source
- The acquired Prince & Izant business has manufacturing locations in Cleveland, Ohio; Tinley Park, Illinois; Franksville, Wisconsin; and Bay Shore, New York. source
- Prince & Izant employs approximately 220 people. source
- TransDigm Group completed its acquisition of Prince & Izant on September 28, 2026. source
- TransDigm had previously announced its acquisition of Prince & Izant on July 27, 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | realized | -4.0% | TransDigm acquired Prince & Izant for approximately $1.066 billion in cash, including certain tax benefits. |