M&A
confidence high
sentiment positive
materiality 0.70
TransDigm to acquire Raptor Scientific for $655M in cash
TransDigm Group INC
- Deal value ~$655M cash including tax benefits; Raptor expected ~$90M revenue in 2024.
- Raptor makes proprietary test/measurement solutions for aerospace & defense with strong aftermarket.
- Acquisition to be financed with existing cash; subject to US regulatory approvals.
- Kevin Stein cites fit with TransDigm's value creation strategy and private equity-like returns.
- Raptor employs ~170 people across 5 US manufacturing locations.