M&A Deal Summary

Astronics Acquires Astronics Test Systems

On February 28, 2014, Astronics acquired electronics company Astronics Test Systems

Acquisition Highlights
  • This is Astronics’ 1st transaction in the Electronics sector.
  • This is Astronics’ 3rd transaction in the United States.
  • This is Astronics’ 1st transaction in California.

M&A Deal Summary

Date 2014-02-28
Target Astronics Test Systems
Sector Electronics
Buyer(s) Astronics
Deal Type Add-on Acquisition

Target

Astronics Test Systems

Irvine, California, United States
Astronics Test Systems, Inc. is a manufacturer and supplier of test and measurement systems.

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Buyer(S) 1

Buyer

Astronics

East Aurora, New York, United States

Category Company
Founded 1968
Sector Aerospace
Employees2,500
Revenue 689M USD (2023)
DESCRIPTION

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


DEAL STATS #
Overall 4 of 9
Sector (Electronics) 1 of 1
Type (Add-on Acquisition) 4 of 9
State (California) 1 of 1
Country (United States) 3 of 7
Year (2014) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-11-04 PGA Electronic SA

Montierchaume, France

PGA Electronic SA is a designer and manufacturer of seat motion and lighting systems primarily for business and first class aircraft seats and is Europe's leading provider of in-flight entertainment/communication systems as well as cabin management systems for private VVIP aircraft.

Buy $29M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-14 Armstrong Aerospace

Itasca, Illinois, United States

Armstrong Aerospace, Inc. is a provider of engineering, design and certification solutions for commercial aircraft, specializing in connectivity, in-flight entertainment, and electrical power systems.

Buy $52M