M&A Deal Summary

TransDigm Group Acquires Aero-Instruments Company

On September 24, 2012, TransDigm Group acquired aerospace company Aero-Instruments Company from The Mifsud Group for 35M USD

Acquisition Highlights
  • This is TransDigm Group’s 3rd transaction in the Aerospace sector.
  • This is TransDigm Group’s 19th largest (disclosed) transaction.
  • This is TransDigm Group’s 6th transaction in the United States.
  • This is TransDigm Group’s 2nd transaction in Ohio.

M&A Deal Summary

Date 2012-09-24
Target Aero-Instruments Company
Sector Aerospace
Buyer(s) TransDigm Group
Sellers(s) The Mifsud Group
Deal Type Add-on Acquisition
Deal Value 35M USD

Target

Aero-Instruments Company

Cleveland, Ohio, United States
website
Aero-Instruments Company LLC designs and manufactures air data sensors, including pitot probes, pitot-static probes, static pressure ports, angle of attack, temperature sensors and flight test equipment for use primarily in the business jet and helicopter markets.

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Buyer(S) 1

Buyer

TransDigm Group

Cleveland, Ohio, United States

website


Category Company
Founded 1993
SectorAerospace
Employees14,200
Revenue 5.1B USD (2020)
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 established in 1983 and is based in Cleveland, Ohio.


DEAL STATS #
Overall 6 of 28
Sector (Aerospace) 3 of 18
Type (Add-on Acquisition) 6 of 18
State (Ohio) 2 of 2
Country (United States) 6 of 21
Year (2012) 2 of 2
Size (of disclosed) 19 of 19
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-02-15 AmSafe

Phoenix, Arizona, United States

AmSafe, Inc. is a provider of highly engineered, proprietary safety and securement systems for the aviation, air cargo, military and specialty vehicle markets.

Buy $750M
FOLLOWING 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

Seller(S) 1

SELLER

The Mifsud Group

Investor Investor Investor

website


Category Private Equity Firm
Founded 1998
SizeSmall
Type Sector Agnostic
DESCRIPTION

The Mifsud Group is a private investment holding firm focused on acquiring and operating speciality manufacturing companies. The Firm has a special interest in companies that provide value-added products and services utilizing proprietary technologies and processes. The Mifsud Group was formed in 1998 and is based in Berea, Ohio.


DEAL STATS #
Overall 1 of 2
Sector (Aerospace) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Ohio) 1 of 2
Country (United States) 1 of 2
Year (2012) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-01-01 TMG Performance Products

Berea, Ohio, United States

TMG Performance Products designs and manufactures premium performance exhausts and air intakes, under the CORSA Performance and Volant Performance brands for OEMs and the aftermarket. TMG Performance Products continues to develop technologies focused on improving airflow and acoustics, including its patented RSC technology, and to deliver a truly differentiated performance product to its discerning customers. TMG Performance Products was founded in 2008 and is based in Berea, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-18 Montana Metal Products

Des Plaines, Illinois, United States

Montana Metal Products is a fully integrated manufacturer of precision sheet metal and machined components and assemblies for tier-one OEMs, serving the Aerospace, Medical, and Industrial Markets. Specializing in extremely complex and close tolerance parts in a variety of alloys, Montana Metal Products supports its blue-chip customers from design to assembly and delivery. Montana Metal Products was formed in 1957 and is based in Des Plaines, Illinois.

Buy -