Cleveland-based aerospace components manufacturer TransDigm (NYSE: TDG) has closed its $1 billion cash acquisition of ILC Holdings and its subsidiary Data Device Corp. from New York-based investment firm Behrman Capital. TransDigm first announced the deal May 24 and the company said Thursday it used net proceeds from a term loan ...
Cleveland-based aircraft component maker TransDigm (NYSE: TDG) has agreed to purchase databus and power control system manufacturer Data Device Corp. and its parent company ILC Holdings from Behrman Capital for approximately $1 billion in a push to add new products for military, space and commercial customers. Tran...
Global alternative asset manager Tikehau Capital has agreed to buy ruggedized displays provider ScioTeq from private equity firm OpenGate Capital through its aerospace and defense fund. According to a joint release published Monday, the firms expect the transaction to close by the fourth quarter of 2025. Upon the deal’s closing, OpenGate will ...
Investment banking firm Evercore (NYSE: EVR) has released its September report, which highlights the market performance of several U.S. defense and government services companies. The monthly update released by Evercore’s aerospace, defense and government services team shows the share performances, enterprise and equity values and operating met...
Lockheed to Produce Additional HIMARS Launchers Under $1.9B Army Deal; Jennifer Kauffman Named CyberCore CEO; TransDigm Closes $1.4B Cash Buy of CPI’s Electron Device Business; Executive Spotlight With Axellio CEO Scott Aken Click to Unmute ...
Shareholders at U.K.-based aerospace company Meggitt voted to approve the acquisition offer from Parker Hannifin (NYSE: PH), a Cleveland-based provider of motion and control technologies for the aerospace and industrial markets. The transaction is expected to be completed in the third quarter of calendar year 2022, subject to regulatory clearances, ...
Belcan, a portfolio company of private equity firm AE Industrial Partners, has purchased aerospace and defense software engineering services provider Avista from Transdigm Group for an undisclosed sum....
KippsDeSanto & Co. said it believes General Dynamics™ (NYSE: GD) acquisition of CSRA shows the continued focus of government technology sector buyers on efforts to build up scale and expand next-generation information technology capabilities through mergers and acquisitions. General Dynamics™ IT business will realize approximately...
