TransDigm Announces Acquisition of Prince & Izant for $1.066bn

研报英文原文证据摘录

TransDigm Announces Acquisition of Prince & Izant for $1.066bn

Update

July 27, 2026 03:32 PM GMT

Morgan Stanley & Co. LLCMTransDigm Group Inc. | North America Kristine T Liwag

Equity Analyst

TransDigm Announces Kristine.Liwag@morganstanley.comJason T Holcomb +1 212 761-2980

Research Associate

Jason.Holcomb@morganstanley.com +1 212 761-5592

Acquisition of Prince & Izant for Justin M Lang

Justin.Lang@morganstanley.com +1 212 761-6251

$1.066bn Gabrielle Knafelman

Gaby.Knafelman@morganstanley.com +1 212 761-4838

What Happened: TransDigm announced today, July 27th, that it has reached a

Shaina C Zuber

definitive agreement to acquire Prince & Izant, currently owned by Industrial Growth Research Associate

Partners, for $1.066bn, including certain tax benefits. This is an all-cash acquisition. Shaina.Zuber@morganstanley.com +1 212 761-6353

Price & Izant designs and manufactures alloys and specialty metal components for a TransDigm Group Inc. (TDG.N, TDG UN)

variety of applications and end-markets, particularly aerospace & defense (including Aerospace | United States of America

aircraft engine fuel nozzles and rocket engines), aeroderivative turbines, and Stock Rating Equal-weight

Industry View Attractive

transportation. TransDigm disclosed that Prince & Izant’s expected CY2026E

Price target $1,345.00

revenue is $360mn, the majority of which comes from aftermarket business. The Shr price, close (Jul 24, 2026) $1,236.71

Mkt cap, curr (mm) $69,174

company has ~220 employees across 4 manufacturing locations. TransDigm did not 52-Week Range $1,518.14-1,124.61

announce expected timing to close the acquisition, but noted that it is subject to

regulatory approvals and customary closing conditions.

Our View: TransDigm has faced recent concerns about its ability to continue to