TransDigm completes $1.066 billion cash purchase of Prince & Izant

TransDigm Group closed a sizable specialty-metals deal Monday, saying it completed its acquisition of Prince & Izant for approximately $1.066 billion in cash, including certain tax benefits, and financed the purchase with cash on hand.

The aerospace supplier disclosed the closing in an 8-K and press release. It had previously reported the definitive agreement on July 27, 2026. Shares most recently closed Friday at $1,116.20, up about 1.0% on the day and down roughly 17.8% year to date.

Prince & Izant, formerly a portfolio company of Industrial Growth Partners, is headquartered in Cleveland and designs and manufactures brazing alloys and specialty metal components for advanced-performance and high cost-of-failure uses. TransDigm said the business primarily supports aerospace and defense, aeroderivative turbine, and transportation end markets, with aerospace applications that include aircraft engine fuel nozzles and rocket engines, and smaller exposure to medical and general industrial markets.

The press release said the company derives the majority of its revenue from the aftermarket, supports a large installed base, and sells products spanning nearly 10,000 active SKUs, with most revenue tied to specialty metals including gold, silver, and platinum alloys. Prince & Izant is now expected to generate approximately $390 million in revenue for the calendar year ending December 31, 2026, and employs about 220 people across manufacturing sites in Cleveland, Ohio; Tinley Park, Illinois; Franksville, Wisconsin; and Bay Shore, New York.

By the numbers

• Purchase price: about $1.066 billion cash (including certain tax benefits)
• Funding: cash on hand
• Expected 2026 revenue: about $390 million
• Employees: about 220
• Agreement previously announced: July 27, 2026
• TDG Friday close: $1,116.20 (+1.0% that session; −17.8% YTD)

Sources

1. TransDigm Group Incorporated Form 8-K (Items 8.01, 9.01), accepted September 28, 2026 7:42:34 a.m. ET, accession 0001260221-26-000064
2. TransDigm Group Incorporated Form 8-K Exhibit 99.1 press release, September 28, 2026

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