Cleveland – September 28, 2026 -- TransDigm Group Incorporated (NYSE: TDG) has completed its acquisition of Prince & Izant ("P&I") for approximately $1.066 billion in cash, including certain tax benefits, financed entirely through cash on hand.
TransDigm pays $1.066 billion cash to acquire aerospace brazing alloy maker
The deal, first announced on July 27, 2026, brings under TransDigm's umbrella a company formerly owned by private equity firm Industrial Growth Partners. Prince & Izant, headquartered in Cleveland, Ohio, designs and manufactures highly engineered brazing alloys and specialty metal components for advanced performance, high cost-of-failure applications.
P&I generates $390 million in revenue, largely from aftermarket sales
The Company is expected to post approximately $390 million in revenue for the calendar year ending December 31, 2026, with the majority of that revenue coming from the aftermarket and a large globally installed base. P&I's product portfolio spans nearly 10,000 active SKUs, with most revenue derived from specialty metals including gold, silver, and platinum alloys.
Aerospace, defense and turbine markets drive demand for engineered alloys
P&I's core end markets are aerospace and defense, aeroderivative turbines, and transportation, with applications including aircraft engine fuel nozzles and rocket engines. The Company also serves the medical and general industrial sectors to a lesser degree, relying on advanced metallurgy and precise chemistry formulations to meet evolving performance requirements.
220 employees operate across four U.S. manufacturing sites
Prince & Izant employs approximately 220 people across manufacturing facilities in Cleveland, Ohio; Tinley Park, Illinois; Franksville, Wisconsin; and Bay Shore, New York.