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Get filing alertsTransDigm to acquire Prince & Izant for $1.066B, adding $360M-revenue brazing alloys business
Filed July 27, 2026 · Period ending July 27, 2026 · ~1 min read
Key Changes
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TransDigm signed definitive agreement to acquire Prince & Izant, a Cleveland-based designer and manufacturer of highly engineered brazing alloys and specialty metal components, for approximately $1.066 billion in cash including certain tax benefits.
Item 8.01 — Other Events verify on EDGAR → -
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Prince & Izant is expected to generate approximately $360 million in revenue for calendar year 2026, with the majority derived from aftermarket sales supporting a large global installed base across aerospace and defense, aeroderivative turbine, and transportation markets.
Item 8.01 — Other Events verify on EDGAR → -
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The target company's products include highly proprietary brazing alloys and specialty metal components for high cost-of-failure applications such as aircraft engine fuel nozzles and rocket engines, spanning nearly 10,000 active SKUs with majority revenue from specialty metals including gold, silver, and platinum alloys.
Exhibit 99.1 view on EDGAR → -
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Transaction is subject to regulatory approvals in the United States and customary closing conditions; no specific timeline for closing was disclosed.
Exhibit 99.1 view on EDGAR →
Summary
TransDigm announced a definitive agreement to acquire Prince & Izant for approximately $1.066 billion in cash, including certain tax benefits. The target is a Cleveland-based manufacturer of highly engineered brazing alloys and specialty metal components serving aerospace and defense, aeroderivative turbine, and transportation markets.
Prince & Izant is expected to generate approximately $360 million in revenue for calendar year 2026, implying a purchase price of roughly 3.0x revenue. The majority of revenue comes from aftermarket sales supporting a large global installed base. The acquisition fits TransDigm's established playbook of acquiring niche, mission-critical component suppliers with proprietary products and strong aftermarket exposure.
Prince & Izant's products support high cost-of-failure applications including aircraft engine fuel nozzles and rocket engines, spanning nearly 10,000 active SKUs with specialty metals (gold, silver, platinum alloys) representing the majority of revenue. TransDigm's CEO stated the company expects the acquisition to create equity value consistent with its long-term private equity-like return objectives. The transaction requires U.S. regulatory approvals and satisfaction of customary closing conditions.
Section-by-Section Diff
Event · Item 8.01 — Other Events
Item 8.01 — Other Events filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
TransDigm Group Incorporated (“TransDigm Group”) issued a press release (the “Press Release”) announcing its definitive agreement to acquire Prince & Izant (“P&I” or “the Company”), a portfolio company of Industrial Growth Partners, for approximately $1.066 billion in cash, including certain tax benefits.
TransDigm has entered into a definitive agreement to acquire Prince & Izant for approximately $1.066 billion in cash, including certain tax benefits. The acquisition is subject to regulatory approvals in the United States and customary closing conditions. This represents a significant bolt-on acquisition for TransDigm, consistent with its strategy of acquiring highly engineered aerospace component businesses.
Added in current filing · verify on EDGAR →
Prince & Izant, headquartered in Cleveland, Ohio, is a leading global designer and manufacturer of highly engineered brazing alloys and specialty metal components used across a range of advanced performance and high cost-of-failure applications. The Company primarily supports the aerospace and defense, aeroderivative turbine, and transportation end markets.
Prince & Izant is a global designer and manufacturer of highly engineered brazing alloys and specialty metal components for aerospace and defense, aeroderivative turbine, and transportation markets. The company's products are highly proprietary and support high cost-of-failure applications, fitting TransDigm's typical acquisition profile of niche, mission-critical component suppliers.
Added in current filing · verify on EDGAR →
The Company derives the majority of its revenue from the aftermarket and supports a large installed base globally. P&I is expected to generate approximately $360 million in revenue for the calendar year ending December 31, 2026.
Prince & Izant is expected to generate approximately $360 million in revenue for calendar year 2026, with the majority derived from aftermarket sales supporting a large global installed base. The aftermarket revenue mix aligns well with TransDigm's business model, which emphasizes recurring aftermarket revenues with strong pricing power.
Show 1 minor / wording change
Added in current filing · verify on EDGAR →
The Company has manufacturing locations in Cleveland, Ohio; Tinley Park, Illinois; Franksville, Wisconsin; and Bay Shore, New York. The Company employs approximately 220 people.
Prince & Izant operates four manufacturing facilities across the United States and employs approximately 220 people. The company's manufacturing footprint is concentrated in the Midwest and Northeast regions.
Event · Exhibit 99.1
Added in current filing · view on EDGAR →
Headquartered in Cleveland, Ohio, Prince & Izant is a leading global designer and manufacturer of highly engineered brazing alloys and specialty metal components used across a range of advanced performance and high cost-of-failure applications. The Company primarily supports the aerospace and defense, aeroderivative turbine, and transportation end markets. Within aerospace and defense, select applications include aircraft engine fuel nozzles and rocket engines.
Prince & Izant specializes in highly engineered brazing alloys and specialty metal components for critical applications in aerospace and defense (including aircraft engine fuel nozzles and rocket engines), aeroderivative turbines, and transportation. The company derives the majority of its revenue from the aftermarket and supports a large installed base globally. Its products span nearly 10,000 active SKUs, with the majority of revenue derived from specialty metals including gold, silver, and platinum alloys.
Added in current filing · verify on EDGAR →
P&I is expected to generate approximately $360 million in revenue for the calendar year ending December 31, 2026. The Company has manufacturing locations in Cleveland, Ohio; Tinley Park, Illinois; Franksville, Wisconsin; and Bay Shore, New York. Prince & Izant employs approximately 220 people.
Prince & Izant is expected to generate approximately $360 million in revenue for calendar year 2026. The company operates four manufacturing locations across Ohio, Illinois, Wisconsin, and New York, and employs approximately 220 people. The acquisition price of $1.066 billion represents approximately 3.0x expected 2026 revenue.
Added in current filing · view on EDGAR →
We are excited to have an agreement to acquire Prince & Izant. The Company offers highly engineered, custom, proprietary products and provides excellent service to its customers - attributes that align well with TransDigm’s acquisition criteria. Further, we are familiar with the applications and benefits of these products. As with all TransDigm acquisitions, we expect this acquisition to create equity value in-line with our long-term private equity-like return objectives.
TransDigm's CEO Mike Lisman stated that Prince & Izant aligns well with the company's acquisition criteria through its highly engineered, custom, proprietary products and excellent customer service. TransDigm is familiar with the applications and benefits of these products and expects the acquisition to create equity value consistent with its long-term private equity-like return objectives.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 28, 2026 · How we verify