M&A Deal Summary

TransDigm Group Acquires Data Device

On May 24, 2016, TransDigm Group acquired electronics company Data Device from Behrman Capital for 1.0B USD

Acquisition Highlights
  • This is TransDigm Group’s 1st transaction in the Electronics sector.
  • This is TransDigm Group’s 3rd largest (disclosed) transaction.
  • This is TransDigm Group’s 14th transaction in the United States.
  • This is TransDigm Group’s 2nd transaction in New York.

M&A Deal Summary

Date 2016-05-24
Target Data Device
Sector Electronics
Buyer(s) TransDigm Group
Sellers(s) Behrman Capital
Deal Type Add-on Acquisition
Deal Value 1.0B USD
Advisor(s) Latham & Watkins (Legal)

Target

Data Device

Bohemia, New York, United States
Data Device Corp. is a manufacturer of data bus, motion control, and solid state power controller products for a wide range of aerospace, defense and industrial applications. The company’s products are “designed-in” to a wide range vehicles and platforms, including most major North American and Western European military platforms. The company manufactures its products in New York and Ensenada, Mexico.

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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 18 of 30
Sector (Electronics) 1 of 1
Type (Add-on Acquisition) 12 of 20
State (New York) 2 of 5
Country (United States) 14 of 23
Year (2016) 1 of 3
Size (of disclosed) 3 of 20
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-19 Breeze-Eastern

Whippany, New Jersey, United States

Breeze-Eastern Corp. is a designer and manufacturer of high performance lifting and pulling devices for military and civilian aircraft, including rescue hoists, winches and cargo hooks, and weapons-lifting systems.

Buy $206M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-06 Tactair Fluid Controls

Liverpool, New York, United States

Tactair Fluid Controls, Inc. is a designer and manufacturer of hydraulic and pneumatic controls for the aerospace industry.

Buy -

Seller(S) 1

SELLER

Behrman Capital

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1991
PE ASSETS 4.0B USD
Size Large
Type Sector Focused
DESCRIPTION

Behrman Capital is a private equity firm focused on management buyouts, leveraged buildups and recapitalizations of established growth companies. Areas of interest include healthcare, defense, specialty manufacturing, business to business outsourcing, and information technology. Behrman looks to invest in the range from $25 to $125 million of equity capital in companies generating sales of $25 to $250 million. Behrman Capital was formed in 1991. The Firm is based in New York City with an additional office in San Francisco.


DEAL STATS #
Overall 17 of 23
Sector (Electronics) 1 of 1
Type (Add-on Acquisition) 6 of 7
State (New York) 1 of 1
Country (United States) 17 of 23
Year (2016) 1 of 1
Size (of disclosed) 1 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-03 Selig Sealing Products

Forrest, Illinois, United States

Selig Sealing Products, Inc. is a designer and manufacturer of highly engineered closure liner solutions for food, beverage, pharmaceutical, healthcare, personal care and industrial applications.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-20 Micross Components

Apopka, Florida, United States

Micross Components is a global provider of mission-critical microelectronic components and services for high-reliability markets. Micross provides a wide range of product and service solutions to customers, including die & wafer services, advanced interconnect technology, custom packaging & assembly, component modification services, electrical & environmental testing and other high-reliability products and services. Micross Components is based in Apopka, Florida.

Buy -