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Transdigm Announces Acquisition Of Dart Aerospace

PUBLIC · TDGMar 14, 2022

Acquiring Company

TransDigm Group

Acquired Company

DART Aerospace

ClevelandManufacturingSecurityAerospace

Description

TransDigm Group Incorporated (NYSE: TDG), announced today that it has entered into a definitive agreement to acquire DART Aerospace ("DART" or "the Company"), a portfolio company of Greenbriar Equity Group, L.P. and First Aviation Services Inc., for approximately $360 million in cash.

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Company Information

Company

TransDigm Group

Location

Cleveland, Ohio, United States

About

TransDigm Group, through its wholly-owned subsidiaries, is a leading global designer, producer and supplier of highly engineered aircraft components for use on nearly all commercial and military aircraft in service today. Major product offerings, substantially all of which are ultimately provided to end-users in the aerospace industry, include mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, batteries and chargers, engineered latching and locking devices, engineered rods, engineered connectors and elastomer sealing solutions, databus and power controls, cockpit security components and systems, specialized and advanced cockpit displays, engineered audio, radio and antenna systems, specialized lavatory components, seat belts and safety restraints, engineered and customized interior surfaces and related components, advanced sensor products, switches and relay panels, thermal protection and insulation, lighting and control technology, parachutes, high performance hoists, winches and lifting devices, and cargo loading, handling and delivery systems.

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Frequently asked

Who acquired DART Aerospace?

DART Aerospace was acquired by TransDigm Group, based in Cleveland. The deal was reported on March 14, 2022. TransDigm Group is publicly traded (TDG) and operates in Manufacturing.

When did TransDigm Group acquire DART Aerospace?

TransDigm Group's acquisition of DART Aerospace was reported on March 14, 2022. TransDigm Group Incorporated (NYSE: TDG), announced today that it has entered into a definitive agreement to acquire DART Aerospace ("DART" or "the Company"), a portfolio company of Greenbriar Equity Group, L.P. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does DART Aerospace do?

With an impressive line-up of over 700 STC's and 5000 helicopter products, DART offers a comprehensive portfolio of: aftermarket products, accessories, spare It is privately held.

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