M&A Deal Summary

Astronics Acquires Custom Controls Concepts

On April 3, 2017, Astronics acquired aerospace company Custom Controls Concepts

Acquisition Highlights
  • This is Astronics’ 4th transaction in the Aerospace sector.
  • This is Astronics’ 5th transaction in the United States.
  • This is Astronics’ 1st transaction in Washington.

M&A Deal Summary
Date 2017-04-03
Target Custom Controls Concepts
Sector Aerospace
Buyer(s) Astronics
Deal Type Add-on Acquisition

Target

Custom Controls Concepts

Kent, Washington, United States
Custom Controls Concepts is a provider of cabin management and in-flight entertainment (IFE) systems for the complete range of privately operated Boeing and Airbus aircraft, along with other select fixed and rotary wing aircraft models. Custom Controls Concepts was established in 1988 and is headquartered in Kent, Washington.

Search 201,157 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

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 6 of 9
Sector (Aerospace) 4 of 4
Type (Add-on Acquisition) 6 of 9
State (Washington) 1 of 1
Country (United States) 5 of 7
Year (2017) 1 of 2
PREVIOUS 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
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-27 Telefonix

Waukegan, Illinois, United States

Telefonix, Inc. is a designer and manufacturer of an advanced in-flight entertainment and connectivity equipment, as well as providing industry leading design consultancy services for the global aerospace industry. The company’s products include wireless access points, file servers, content loaders, passenger control units and cord reels, as well as engineering services for its customers.

Buy $104M
Mergr

Product

Company

Legal