TransDigm to buy brazing-alloy maker Prince & Izant for $1.1B
What's the deal? TransDigmDealroom has a profile for this one. Try Dealroom → Group has agreed to acquire Prince & Izant, a Cleveland-based maker of engineered brazing alloys and specialty metal components, for roughly $1.066 billion in cash, including certain tax benefits. The seller is Industrial Growth PartnersDealroom has a profile for this one. Try Dealroom →, a private equity firm.
What does the target do? Prince & Izant designs and manufactures highly engineered brazing alloys and specialty metal components for high cost-of-failure applications. Its products span nearly 10,000 active SKUs, with most revenue coming from specialty metals including gold, silver, and platinum alloys.
The company primarily serves aerospace and defense, aeroderivative turbine, and transportation markets, with applications such as aircraft engine fuel nozzles and rocket engines. It also serves medical and general industrial customers to a lesser degree.
By the numbers: Prince & Izant expects to generate about $360 million in revenue for the year ending December 31, 2026. It employs roughly 220 people across four US manufacturing sites in Ohio, Illinois, Wisconsin, and New York.
What's the endgame? TransDigm supplies highly engineered components used on nearly all commercial and military aircraft in service today. Chief executive officer Mike Lisman said the target "offers highly engineered, custom, proprietary products" that "align well with TransDigm's acquisition criteria."
Most of Prince & Izant's revenue comes from the aftermarket, supporting a large installed base — a recurring, proprietary revenue profile that fits TransDigm's model. Lisman said the company expects the deal to create equity value "in-line with our long-term private equity-like return objectives."
What could go wrong? The acquisition is subject to US regulatory approvals and customary closing conditions.
The signal: The purchase extends TransDigm's strategy of buying niche, proprietary aerospace suppliers with heavy aftermarket exposure. Adding brazing alloys used in engine and rocket components deepens its position in high-margin, hard-to-replace parts of the supply chain.
Read more: PR Newswire
