TransDigm acquires Esterline Technologies (2018-2019)
TransDigm announced its largest acquisition to date, Esterline Technologies, a maker of aerospace electronics, sensors and engineered materials. The roughly $4 billion deal was announced in February 2018 and closed in March 2019.
Esterline was folded into TransDigm's portfolio, expanding its reach beyond simple components into avionics and sensing.
The deal showed TransDigm's appetite for large bolt-on purchases of proprietary aerospace technology. It continued acquiring niche suppliers afterward.
The Prince & Izant purchase follows the same playbook on a smaller scale: buy a proprietary, mission-critical supplier and bolt it onto an existing aerospace portfolio.
