M&A Deal Summary

TransDigm Group Acquires Airborne Systems

On December 2, 2013, TransDigm Group acquired defense company Airborne Systems from HDT Global for 250M USD

Acquisition Highlights
  • This is TransDigm Group’s 2nd transaction in the Defense sector.
  • This is TransDigm Group’s 13th largest (disclosed) transaction.
  • This is TransDigm Group’s 9th transaction in the United States.
  • This is TransDigm Group’s 1st transaction in New Jersey.

M&A Deal Summary
Date 2013-12-02
Target Airborne Systems
Sector Defense
Buyer(s) TransDigm Group
Sellers(s) HDT Global
Deal Type Divestiture
Deal Value 250M USD
Advisor(s) SunTrust Robinson Humphrey, Inc.
Moelis & Co. (Financial)

Target

Airborne Systems

Pennsauken, New Jersey, United States
ASG is a privately held company producing both militray parachutes and airborne delivery systems in it's product range. From factories in the USA, Canada and the UK, it supplies the US Department of Defense, UK Ministry of Defence, NASA and many other defence markets worldwide.ASG designs and manufactures specialist parachutes for emergency escape systems (ejection seats), high and low level operations, arieal delivery and for aerospace.

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Buyer(S) 1

Buyer

TransDigm Group

Cleveland, Ohio, United States
Category Company
Founded 1993
Sector Aerospace
Employees15,500
Revenue 6.6B USD (2023)
DESCRIPTION

TransDigm Group is a designer, producer and supplier of highly engineered aircraft components for use on nearly all commercial and military aircraft platforms. TransDigm's major product lines include pumps, ignition system components, mechanical controls and actuators, engineered connectors, NiCad batteries and chargers, lavatory components and overhead bin latches. TransDigm Group was founded in 1983 and is based in Cleveland, Ohio.

DEAL STATS #
Overall 9 of 30
Sector (Defense) 2 of 2
Type (Divestiture) 1 of 10
State (New Jersey) 1 of 2
Country (United States) 9 of 23
Year (2013) 3 of 3
Size (of disclosed) 13 of 20
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-06-05 Aerosonic

Clearwater, Florida, United States

Aerosonic designs, manufactures, and provides aftermarket support of proprietary and highly-engineered precision aviation components, including standby displays, sensors, and probes.

Buy $39M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-06 Elektro-Metall Export

Ingolstadt, Germany

Elektro-Metall Export GmbH manufactures proprietary, highly engineered aerospace electromechanical actuators, electrical and electromechanical components and assemblies primarily for commercial aircraft, helicopters and other specialty applications. The major commercial end-use platforms include the Airbus A320, A330, A340, A350, A380, the Pilatus PC-12 and the Eurocopter EC135/145.

Buy $47M

Seller(S) 1

SELLER

HDT Global

Solon, Ohio, United States
Category Company
Founded 1937
Sector Defense
DESCRIPTION

HDT Global is a provider of highly engineered solutions for branches of the US military, international governments, and commercial customers. HDT holds a portfolio of products aimed at creating and controlling environmental conditions to protect and optimize the functioning of critical equipment and personnel. Its innovative products include rapidly deployable shelters, sophisticated environmental control, and power equipment, and nuclear, biological, and chemical protection systems. HDT Global was founded in 1937 and is based in Solon, Ohio.

DEAL STATS #
Overall 1 of 1
Sector (Defense) 1 of 1
Type (Divestiture) 1 of 1
State (New Jersey) 1 of 1
Country (United States) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-02 Kinea Design

Evanston, Illinois, United States

Kinea Design LLC specializes in advanced medical robotics applications and user interface/control capabilities, including touch-sensitive control and haptics.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-04 DHS Technologies

Orangeburg, New York, United States

DHS Technologies LLC is a provider of applications in tactical operation centers, vehicle maintenance and workshops, medical and life support, unmanned aerial vehicle hangers and control centers, satellite support systems and mortuary units.

Buy -
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