TransDigm completes ~$1.066B acquisition of Prince & Izant

TransDigm Group Incorporated said that on September 28, 2026 it successfully completed its acquisition of Prince & Izant, formerly a portfolio company of Industrial Growth Partners, for approximately $1.066 billion in cash, including certain tax benefits, financing the purchase with cash on hand (Form 8-K AccNo 0001260221-26-000064).

TransDigm Group closed its purchase of Prince & Izant on September 28, 2026 - paying about $1.066 billion in cash for the Cleveland specialty-metals supplier and funding the deal from cash on hand.

~$1.066 billion cash close

On September 28, 2026, TransDigm Group Incorporated (NYSE: TDG) said it had successfully completed the acquisition of Prince & Izant (P&I), formerly a portfolio company of Industrial Growth Partners, for approximately $1.066 billion in cash, including certain tax benefits. The company financed the acquisition through cash on hand and disclosed the close in Form 8-K AccNo 0001260221-26-000064 Items 8.01 and 9.01, with the press release attached as Exhibit 99.1.

TransDigm previously announced the transaction on July 27, 2026. The September 28 Form 8-K notes that entry into the definitive agreement was reported in the July 27 Current Report on Form 8-K (AccNo 0001260221-26-000048).

What Prince & Izant brings

Prince & Izant is headquartered in Cleveland, Ohio, and designs and manufactures highly engineered brazing alloys and specialty metal components used in advanced-performance and high cost-of-failure applications. The company primarily supports aerospace and defense, aeroderivative turbine, and transportation end markets; selected aerospace and defense uses include aircraft engine fuel nozzles and rocket engines. To a lesser degree it also serves medical and general industrial markets.

The press release says P&I derives the majority of its revenue from the aftermarket, supports a large installed base globally, spans nearly 10,000 active SKUs, and generates most of its revenue from specialty metals including gold, silver, and platinum alloys. P&I is now expected to generate approximately $390 million in revenue for the calendar year ending December 31, 2026. Manufacturing sites are in Cleveland, Ohio; Tinley Park, Illinois; Franksville, Wisconsin; and Bay Shore, New York. The company employs approximately 220 people.

Sources & evidence

- TransDigm Group Incorporated Form 8-K AccNo 0001260221-26-000064 Item 8.01 - completion of the Prince & Izant acquisition for approximately $1.066 billion in cash, including certain tax benefits; cash-on-hand financing; prior July 27, 2026 definitive-agreement report. - Exhibit 99.1 press release - close announcement, business description, ~$390 million calendar-year 2026 revenue expectation, footprint, and headcount.