M&A Deal Summary

Triumph Group Acquires Grand Prairie Accessory Services

On January 16, 2007, Triumph Group acquired aerospace company Grand Prairie Accessory Services from AE Industrial Partners

Acquisition Highlights
  • This is Triumph Group’s 15th transaction in the Aerospace sector.
  • This is Triumph Group’s 15th transaction in the United States.
  • This is Triumph Group’s 1st transaction in Texas.

M&A Deal Summary

Date 2007-01-16
Target Grand Prairie Accessory Services
Sector Aerospace
Buyer(s) Triumph Group
Sellers(s) AE Industrial Partners
Deal Type Add-on Acquisition

Target

Grand Prairie Accessory Services

Grand Prairie, Texas, United States
Grand Prairie Accessory Services,provides comprehensive maintenance solutions for engine accessories related to the CF34, CFM56, CF6, CT7 and V2500 family of engines. Capabilities include fuel, oil, pneumatic, hydraulic and mechanical engine accessories for these and other aero and aero-derivative gas turbine engines.

Search 193,381 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Triumph Group

Berwyn, Pennsylvania, United States

website


Category Company
Founded 1993
Sector Aerospace
Employees5,340
Revenue 1.5B USD (2022)
DESCRIPTION

Triumph Group is an entity which designs, engineers, manufactures, overhauls, and repairs aircraft components, including mechanical controls, avionics, instrumentation, engine accessories, and auxiliary power units. Triumph Group was founded in 1993 and is besed in Berwyn, Pennsylvania.


DEAL STATS #
Overall 15 of 32
Sector (Aerospace) 15 of 30
Type (Add-on Acquisition) 9 of 20
State (Texas) 1 of 5
Country (United States) 15 of 29
Year (2007) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-11-06 Allied Aerospace Industries

Newport News, Virginia, United States

Allied Aerospace is a premier provider of engineering design and manufacturing solutions for complex aerospace and defense programs.The company offers a fully integrated range of capabilities, including systems engineering, conceptual engineering, mechanical design and analysis, prototype and limited-rate production, and instrumentation assembly and testing services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-02-27 B & R Machine and Tool

Westbury, New York, United States

B & R Machine and Tool manufactures metal structural and non-structural components, equipment, parts, assemblies and tool components primarily for major aviation and aerospace clients and specializes in state-of-the-art, high speed machining and in-house processing.

Buy -

Seller(S) 1

SELLER
DESCRIPTION
AE Industrial Partners' headquarters in Boca Raton, Florida.
AE Industrial Partners' headquarters in Boca Raton, Florida.

AE Industrial Partners is a private equity firm focused on acquiring and investing in aerospace and industrial companies. The Firm specifically looks for established, profitable companies in the aircraft propulsion (turbojet, turbofan and turboprop aircraft engines) and power generation (industrial turbines) industries, as well as the manufacture of OEM and replacement parts, and aftermarket maintenance, repair and overhaul. AE Industrial Partners was formed in 1998 and is based in Boca Raton, Florida.


DEAL STATS #
Overall 1 of 13
Sector (Aerospace) 1 of 5
Type (Add-on Acquisition) 1 of 9
State (Texas) 1 of 1
Country (United States) 1 of 13
Year (2007) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-05-08 Douglas Machine & Tool

Cincinnati, Ohio, United States

Douglas Machine, based in Cincinnati, Ohio, was a leading manufacturer of industrial and aerospace gas turbine engine components. Widely considered to be the leading provider of drilling services to the turbine industry, Douglas Machine was named GE Power Systems' "Supplier of the Year" in 2002-2004. Its unique EDM process technology enables it to produce the lowest cost and highest quality precision components in the industry. An additional facility in Budapest, Hungary serves European customers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-08-29 Douglas Machine & Tool

Cincinnati, Ohio, United States

Douglas Machine, based in Cincinnati, Ohio, was a leading manufacturer of industrial and aerospace gas turbine engine components. Widely considered to be the leading provider of drilling services to the turbine industry, Douglas Machine was named GE Power Systems' "Supplier of the Year" in 2002-2004. Its unique EDM process technology enables it to produce the lowest cost and highest quality precision components in the industry. An additional facility in Budapest, Hungary serves European customers.

Sell -