$1.1BPrivate equity buyoutAerospace & DefenseCompleted
TransDigm closes $1.07B purchase of Prince & Izant from Industrial Growth Partners
Industrial Growth Partners completed the sale of Prince & Izant to TransDigm Group for $1.066 billion, with the transaction closing September 28. The Cleveland-based maker of brazing alloys, precious metal components and clad metal solutions serves aerospace, defense, medical and power generation markets. IGP recapitalized the company in 2022 and more than doubled EBITDA through three add-on acquisitions.
Why it matters: TransDigm continues to bolt on high-margin, mission-critical aerospace suppliers, and IGP books a textbook mid-market exit.
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