M&A Deal Summary

digEcor Pty. Acquires UTC Aerospace Systems - In-Flight Entertainment business

On January 23, 2019, digEcor Pty. acquired aerospace company UTC Aerospace Systems - In-Flight Entertainment business from UTC Aerospace Systems

Acquisition Highlights
  • This is digEcor Pty.’s 1st transaction in the Aerospace sector.
  • This is digEcor Pty.’s 1st transaction in the United States.

M&A Deal Summary

Date 2019-01-23
Target UTC Aerospace Systems - In-Flight Entertainment business
Sector Aerospace
Buyer(s) digEcor Pty.
Sellers(s) UTC Aerospace Systems
Deal Type Divestiture

Target

UTC Aerospace Systems - In-Flight Entertainment business

United States
UTC Aerospace Systems - In-Flight Entertainment (IFE) business is a commercial airlines business providing trust, reliability, quality, and performance.

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Buyer(S) 1

Buyer

digEcor Pty.

South Brisbane, Australia

Category Company
Sector Aerospace
DESCRIPTION

digEcor Pty. Ltd. is a developer of innovative IFE solutions and cabin technologies that enable airlines around the world to deliver a tailored inflight experience.


DEAL STATS #
Overall 1 of 1
Sector: Aerospace M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1

Seller(S) 1

SELLER

UTC Aerospace Systems

Charlotte, North Carolina, United States

Category Company
Founded 1918
Sector Aerospace
DESCRIPTION
Entrance to a UTC Aerospace Systems facility in Danbury, Connecticut.
Entrance to a UTC Aerospace Systems facility in Danbury, Connecticut.

UTC Aerospace Systems is a supplier of technologically advanced aerospace and defense products. UTC Aerospace designs, manufactures and services systems and components and provide integrated solutions for commercial, regional, business and military aircraft, helicopters and other platforms.


DEAL STATS #
Overall 2 of 3
Sector: Aerospace M&A 2 of 2
Type: Divestiture M&A Deals 2 of 3
Country: United States M&A 2 of 3
Year: 2019 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-09 Walbar Engine Components

Chandler, Arizona, United States

Walbar Engine Components produces turbine engine blades, vanes, segments, and machined structures for commercial and military aircraft engines. Walbar Engine Components also makes locomotive diesel engine core and turbo compressor assemblies. Walbar Engine Components was founded in 1951 and is based in Chandler, Arizona.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-15 N2 Imaging Systems

Irvine, California, United States

N2 Imaging Systems is a designer and manufacturer of compact, low-power, visible, and infrared imaging systems (near-infrared to thermal) used for soldier vision enhancement, surveillance, or threat detection and targeting conducted during the day, night, or under low visibility conditions. N2 Imaging Systems was founded in 2007 and is based in Irvine, California.

Sell -