M&A Deal Summary |
|
|---|---|
| Date | 2013-12-26 |
| Target | Beechcraft |
| Sector | Aerospace |
| Buyer(s) | Textron |
| Deal Type | Special Situations/Distressed |
| Deal Value | 1.4B USD |
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| Category | Company |
|---|---|
| Founded | 1923 |
| Sector | Diversified |
| Employees | 35,000 |
| Revenue | 13.7B USD (2023) |
Textron is a multi-industry company that leverages a global network of aircraft, defense, industrial and finance businesses to provide customers with products and services around the world. Textron conducts business through five operating segments: Cessna, Bell, Textron Systems and Industrial, and Finance. Cessna is a general aviation company with two principal lines of business: Aircraft sales and aftermarket services. Bell Helicopter is a supplier of military and commercial helicopters, tiltrotor aircraft, and related spare parts and services. Textron Systems’ product lines consist of unmanned aircraft systems, land and marine systems, weapons and sensors and a variety of defense and aviation mission support products and services. Textron Industrial designs and manufactures a variety of products under three principal product lines, including Fuel Systems and Functional Components, Golf and Turf Care, and Powered Tools, Testing and Measurement Equipment. Textron Finance is a commercial finance business that consists of Textron Financial Corporation. Textron was founded in 1923 and is based in Providence, Rhode Island.
| DEAL STATS | # |
|---|---|
| Overall | 44 of 48 |
| Sector (Aerospace) | 6 of 7 |
| Type (Special Situations/Distressed) | 1 of 1 |
| State (Kansas) | 2 of 2 |
| Country (United States) | 27 of 30 |
| Year (2013) | 3 of 3 |
| Size (of disclosed) | 1 of 11 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-11-22 |
Mechtronix Systems
St. Laurent, Quebec, Canada Mechtronix Systems Inc. is a designer, manufacturer and seller a full range of pilot training equipment including full flight simulators, full flight trainers and flight training devices for the commercial aviation industry. Through innovative design and engineering Mechtronix has developed, built and certified training devices that meet the most stringent global standards for fidelity of simulation while delivering a step change in capital and operating costs. Mechtronix also actively provides services for both commercial and general aviation including support for customers to set-up their own tailor-made training solution at home. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-07-02 |
ProFlight
Carlsbad, California, United States ProFlight is an FAA-approved Part 142 training center specializing in Cessna Citation CJ Series training, Cessna Conquest Series training, and offers an innovative continuous currency program that provides pilots greater training flexibility and year-round proficiency. Founded in 1988 by professional pilot instructors who saw a need for high-quality flight training at a lower cost, ProFlight has trained thousands of pilots and continues to grow as its innovative training model appeals to a broad range of pilots - from owner operators to corporate aviation departments. ProFlight will continue to operate from its Carlsbad facility. |
Buy | - |
