M&A Deal Summary

Honeywell Acquires TruTrak Flight Systems

On July 24, 2019, Honeywell acquired aerospace company TruTrak Flight Systems

Acquisition Highlights
  • This is Honeywell’s 6th transaction in the Aerospace sector.
  • This is Honeywell’s 45th transaction in the United States.
  • This is Honeywell’s 1st transaction in Arizona.

M&A Deal Summary
Date 2019-07-24
Target TruTrak Flight Systems
Sector Aerospace
Buyer(s) Honeywell
Deal Type Add-on Acquisition

Target

TruTrak Flight Systems

Springdale, Arizona, United States
TruTrak Flight Systems is an autopilot for experimental, light-sport and certified aircraft. TruTrak Flight Systems is based in Springdale, Arizona.

Search 202,137 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

Honeywell

Charlotte, North Carolina, United States
Category Company
Founded 1885
Sector Diversified
Employees95,000
Revenue 36.7B USD (2023)
DESCRIPTION
Honeywell office in Hyderabad, India.
Honeywell office in Hyderabad, India.

Honeywell is a diversified technology and manufacturing company, serving customers worldwide with aerospace products and services, control, sensing and security technologies for buildings, homes and industry, turbochargers, automotive products, specialty chemicals, electronic and advanced materials, process technology for refining and petrochemicals, and energy efficient products and solutions for homes, business and transportation. Honeywell was founded in 1885 and is based in Charlotte, North Carolina.

DEAL STATS #
Overall 71 of 84
Sector (Aerospace) 6 of 7
Type (Add-on Acquisition) 55 of 64
State (Arizona) 1 of 2
Country (United States) 45 of 56
Year (2019) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-01 Transnorm Beteiligungen

Hildesheim, Germany

Transnorm Beteiligungen GmbH is a manufacturer of specialty logistics and material handling conveying components and systems and is the current market leader in conveyor belt curve engineering and production.

Buy €425M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-16 Rebellion Photonics

Houston, Texas, United States

Rebellion Photonics, Inc. is a provider of a patented gas cloud imaging system that incorporates cameras and proprietary hyperspectral imaging technology to pinpoint the source of a leak and measure the volume and concentration of gases. Rebellion Photonics was founded in 2009 and is based in Houston, Texas.

Buy -
Mergr

Product

Company

Legal