TransDigm completes Prince and Izant acquisition for $1.066 billion in cash

TransDigm Group Incorporated (NYSE: TDG) said Monday it completed its acquisition of Prince & Izant for approximately $1.066 billion in cash, including certain tax benefits. The company said it financed the transaction through cash on hand. The deal was previously announced on July 27, 2026.

Prince & Izant was formerly a portfolio company of Industrial Growth Partners. Headquartered in Cleveland, Ohio, Prince & Izant designs and manufactures brazing alloys and specialty metal components used in advanced performance and high cost-of-failure applications.

The company serves the aerospace and defense, aeroderivative turbine, and transportation end markets, with select aerospace applications including aircraft engine fuel nozzles and rocket engines. Prince & Izant also serves the medical and general industrial end markets to a lesser degree.

The target company generates the majority of its revenue from the aftermarket and supports a global installed base. Prince & Izant products are proprietary and use advanced metallurgy, precise chemistry requirements, and formulation expertise.

Prince & Izant products span nearly 10,000 active SKUs. The majority of revenue comes from specialty metals including gold, silver, and platinum alloys.

Prince & Izant is expected to generate approximately $390 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.