M&A Deal Summary

Odyssey Investment Partners Acquires TransDigm Group

On December 1, 1998, private equity firm Odyssey Investment Partners acquired aerospace company TransDigm Group

Acquisition Highlights
  • This is Odyssey Investment Partners’ 2nd transaction in the Aerospace sector.
  • This is Odyssey Investment Partners’ 6th transaction in the United States.
  • This is Odyssey Investment Partners’ 2nd transaction in Ohio.
Investment Fate
  • TransDigm Group was sold to a consortium of financial buyers in 2003.
  • TransDigm Group went public in 2006.

M&A Deal Summary
Date 1998-12-01
Target TransDigm Group
Sector Aerospace
Buyer(s) Odyssey Investment Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

TransDigm Group

Cleveland, Ohio, United States
TransDigm Group is a designer, producer and supplier of highly engineered aircraft components for use on nearly all commercial and military aircraft platforms. TransDigm's major product lines include pumps, ignition system components, mechanical controls and actuators, engineered connectors, NiCad batteries and chargers, lavatory components and overhead bin latches. TransDigm Group was founded in 1983 and is based in Cleveland, Ohio.

Search 200,500 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

Odyssey Investment Partners

New York, New York, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1997
PE ASSETS 8.2B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Odyssey Investments is a private equity firm that seeks control/majority investments in middle-market companies. Odyssey looks to back existing management and make investments in the form of leveraged acquisitions, growth financings and recapitalizations. Sectors of interest include industrial manufacturing, business and financial services, aerospace products and services, and 'route-based services'. Odyssey Investment Partners is based in New York City with an additional office in Woodland Hills, California.

DEAL STATS #
Overall 6 of 52
Sector (Aerospace) 2 of 5
Type (Buyout (LBO, MBO, MBI)) 6 of 20
State (Ohio) 2 of 4
Country (United States) 6 of 49
Year (1998) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1998-04-01 TriStar Aerospace

Dallas, Texas, United States

Tri-Star is leading interconnect component manufacturer serving worldwide aerospace and defense markets. Its products are on virtually every aircraft platform worldwide and the company is a supplier to 90% of the world's leading aerospace, avionics and electronics OEM's. Tri-Star has two primary product lines, contacts that provide the physical connection between electronic components and connectors which house contacts to ensure stable and reliable electrical connections.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1999-02-01 Western Wireless

Issaquah, Washington, United States

Western Wireless Corporation is a cellular network operator that provided mobile telecommunications service to subscribers in 19 western states and seven countries.

Sell -
Mergr

Product

Company

Legal