Form 8-K · Current report
TransDigm Group 8-K, filed Jul 27, 2026
- Filed
- CIK
- 0001260221
- Accession no.
- 0001260221-26-000048
Summary
TransDigm Group has entered a definitive agreement to acquire Prince & Izant, a portfolio company of Industrial Growth Partners, for approximately $1.066 billion in cash, including certain tax benefits. Prince & Izant, headquartered in Cleveland, Ohio, designs and manufactures highly engineered brazing alloys and specialty metal components for aerospace and defense, aeroderivative turbine, and transportation applications and is expected to generate approximately $360 million in revenue for calendar year 2026; the acquisition is subject to U.S. regulatory approvals and customary closing conditions.
Key points
- TransDigm agreed to pay approximately $1.066 billion in cash for Prince & Izant, including certain tax benefits.
- Prince & Izant employs approximately 220 people and has manufacturing locations in Cleveland, Ohio; Tinley Park, Illinois; Franksville, Wisconsin; and Bay Shore, New York.
- Prince & Izant is expected to generate approximately $360 million in revenue for the calendar year ending December 31, 2026.
- CEO Mike Lisman said Prince & Izant’s proprietary products and service align with TransDigm’s acquisition criteria, and TransDigm expects the deal to create equity value in line with its long-term private equity-like return objectives.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 8.01Other Events
- 9.01Financial Statements and Exhibits
From the filing
Item 8.01. Other Events. On July 27, 2026, TransDigm Group Incorporated (“TransDigm Group”) issued a press release (the “Press Release”) announcing its definitive agreement to acquire Prince & Izant (“P&I” or “the Company”), a portfolio company of Industrial Growth Partners, for approximately $1.066 billion in cash, including certain tax benefits. A copy of this Press Release is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference. …
An excerpt of the text as filed with the SEC, cut for length.
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