M&A Deal Summary

EDAC Technologies Acquires Flanagan Industries

On November 1, 2016, EDAC Technologies acquired aerospace company Flanagan Industries

Acquisition Highlights
  • This is EDAC Technologies’ 3rd transaction in the Aerospace sector.
  • This is EDAC Technologies’ 7th transaction in the United States.
  • This is EDAC Technologies’ 3rd transaction in Connecticut.

M&A Deal Summary

Date 2016-11-01
Target Flanagan Industries
Sector Aerospace
Buyer(s) EDAC Technologies
Deal Type Add-on Acquisition

Target

Flanagan Industries

Glastonbury, Connecticut, United States
Flanagan Industries LP is a manufacturer of aerospace and land-based gas turbine components marketed around the world.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

EDAC Technologies

Farmington, Connecticut, United States

Category Company
Founded 1946
Sector Aerospace
Employees480
DESCRIPTION

EDAC Technologies is a diversified designer, manufacturer and servicer of precision components for aerospace and industrial applications. EDAC offers design and manufacturing services for commercial and military aircraft, in such areas as jet engine parts, special tooling, equipment, gauges and components used in the manufacture, assembly and inspection of jet engines.


DEAL STATS #
Overall 7 of 7
Sector: Aerospace M&A 3 of 3
Type: Add-on Acquisition M&A Deals 4 of 4
State: Connecticut M&A 3 of 3
Country: United States M&A 7 of 7
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-22 EDAC - Aerospace Components Manufacturing Division

Cheshire, Connecticut, United States

EDAC - Aerospace Components Manufacturing Division

Sell $340M