TDG · 10-Q · 2026Q2 · Full report
Acquisitions and Divestitures
TransDigm Group INC · 2026-08-04 · Importance 71 · Surprise 60 · In source text
TransDigm acquired Simmonds on October 6, 2025 for approximately $757 million in cash using cash on hand. On April 7, 2026, it acquired approximately 95% of Jet Parts Engineering and 96% of Victor Sierra Aviation Holdings for approximately $2.2 billion, funded with cash and February 2026 debt proceeds. Other fiscal 2026 bolt-on acquisitions totaled $257 million in cash, bringing first-nine-month acquisition spending to $3,159 million. The company withdrew from its proposed $960 million Stellant Systems acquisition on July 13, 2026 and agreed on July 27, 2026 to acquire Prince & Izant for approximately $1.1 billion, subject to regulatory approvals and customary closing conditions.
Key facts
- On July 27, 2026 the Company announced definitive agreement to acquire all outstanding stock of Prince & Izant for approximately $1.1 billion in cash; acquisition subject to U.S. regulatory approvals and customary closing conditions. source
- On October 6, 2025 the Company acquired all outstanding stock of Simmonds for approximately $757 million in cash, financed using cash on hand. source
- On April 7, 2026 the Company completed acquisition of ~95% of JPE and ~96% of VSA for approximately $2.2 billion in cash; definitive agreement entered January 13, 2026; acquisition financed using cash on hand and net proceeds from February 2026 debt offerings. source
- During first nine months of fiscal 2026, Other Acquisitions aggregate purchase price: $257 million in cash, financed using cash on hand. source
- On July 13, 2026 the Company announced it elected to withdraw from proposed $960 million acquisition of Stellant Systems, Inc.; definitive agreement to acquire Stellant had been entered December 30, 2025. source
- Net cash used in investing activities for thirty-nine week period ended June 27, 2026: $3,370 million, consisting of acquisitions aggregating $3,159 million, capital expenditures of $205 million and other investing outflows of $6 million. source
- Goodwill: $9,915 million as of June 27, 2026 and $8,340 million as of September 30, 2025 source
- EBITDA As Defined excludes cash expenses incurred to integrate acquired businesses into operations as described in the footnotes source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | realized | -12.6% | Net cash used in investing activities for thirty-nine week period ended June 27, 2026: $3,370 million, consisting of acquisitions… |
| assets | positive | realized | +5.9% | Goodwill: $9,915 million as of June 27, 2026 and $8,340 million as of September 30, 2025 |
| cash | positive | committed | +3.0% | On July 13, 2026 the Company announced it elected to withdraw from proposed $960 million acquisition of Stellant Systems, Inc.; definitive… |
| cash | negative | probable | -2.1% | On July 27, 2026 the Company announced definitive agreement to acquire all outstanding stock of Prince & Izant for approximately $1.1… |
| assets | positive | probable | +2.1% | On July 27, 2026 the Company announced definitive agreement to acquire all outstanding stock of Prince & Izant for approximately $1.1… |