Astronics - M&A Summary and Business Overview

AerospaceCompany

Astronics M&A Summary

Astronics has acquired 12 companies, including 3 in the last 5 years. A total of 5 acquisitions came from private equity firms.

Astronics’ largest acquisition to date was in 2017, when it acquired Telefonix for $104M. Astronics has acquired in 6 different US states, and 3 countries. The Company’s most targeted sectors include aerospace (45%) and test/measurement equipment (23%).

Astronics Business Overview

Where is Astronics headquartered?

Astronics is headquartered in East Aurora, New York.

What is Astronics’ revenue?

Astronics disclosed revenue of 689M USD for 2023 and 535M USD for 2022.

How many employees does Astronics have?

Astronics has 2,500 employees.

What sector is Astronics in?

Astronics is an aerospace company.

When was Astronics founded?

Astronics was founded in 1968 .

M&A Summary

  • M&A Total Activity9
    • M&A Buy Activity9
  • Total Sectors Invested 5
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 5
  • M&A Advisors 1

Astronics

Astronics Corp.

130 Commerce Way,
East Aurora, New York 14052
United States,
(716) 805-1599
www.astronics.com

Astronics designs and manufactures products for the aerospace and defense industries. Astronics was founded in 1968 and is based in East Aurora, New York.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 9 - - - - - 9
vol $226M $226M
Sell (0.0/yr) # - - - - - - 0
  9

Most Recent M&A

Company Date Value Type
Diagnosys Test Systems Ltd. 2019-10-04 7M USD Add-on Acquisition
Dorset, United Kingdom · www.diagnosys.com
Freedom Communication Technologies, Inc. 2019-07-01 22M USD Add-on Acquisition
Kilgore, Texas · www.freedomcte.com
Telefonix, Inc. 2017-10-27 104M USD Add-on Acquisition
Waukegan, Illinois · www.telefonixinc.com
Custom Controls Concepts 2017-04-03 - Add-on Acquisition
Kent, Washington · www.custom-control.com
Armstrong Aerospace, Inc. 2015-01-14 52M USD Add-on Acquisition
Itasca, Illinois · www.armstrongaerospace.com
Astronics Test Systems, Inc. 2014-02-28 - Add-on Acquisition
Irvine, California · www.astronicstestsystems.com
PGA Electronic SA 2013-11-04 29M USD Add-on Acquisition
Montierchaume, France · www.pga-avionics.com
AeroSat Corp. 2013-10-01 12M USD Add-on Acquisition
Amherst, New Hampshire · www.aerosat.com
Peco, Inc. 2013-07-18 - Add-on Acquisition
Portland, Oregon · www.pecomanufacturing.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Peco, Inc.    - Omnex Control Systems, Inc. 2007-12-26 1
Portland, Oregon · www.pecomanufacturing.com Port Coquitlam, British Columbia

M&A by Sector

Sector Buy # Value Sell # Value
Aerospace 4 (44%) 81M (36%) - -
Test/Measurement Equipment 2 (22%) 29M (13%) - -
Communications 1 (11%) 12M (5%) - -
Electronics 1 (11%) - - -
Technology Hardware 1 (11%) 104M (46%) - -
Total 9 $226M - -

By Geo

State/Country Buy Value Sell Value
United States 7 190M - -
  Illinois 2 156M - -
  Washington 1 - - -
  Texas 1 22M - -
  Oregon 1 - - -
  New Hampshire 1 12M - -
  California 1 - - -
France 1 29M - -
United Kingdom 1 7M - -
Domestic 7 (78%) 190M (84%) - -
Cross-border 2 (22%) 36M (16%) - -
Total 9 $226M - -

Top M&A Advisors

Legal Deals
Hogan Lovells
1

Deal Values

buy # Total
$100M to $1B 1 $104M
< $100M 5 $122M
TOTAL $226M
Largest Telefonix, Inc.
$104M (2017-10-27)

M&A Connections

Deals
Acquired from
Investor(s)
22%
2 (22%)

 Subscribe to unlock this and 204,512
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.6K Private Equity Firms
  • 196K M&A Transactions
  • 200K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 78K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.