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TransDigm Completes Acquisition of Raptor Scientific
TransDigmTransDigm(US:TDG) Prnewswireยท2024-07-31 12:10

Company Overview - Raptor Scientific is a leading global manufacturer of complex test and measurement solutions primarily serving the aerospace and defense markets [1] - The company generates nearly all of its revenue from proprietary products, with an expected revenue of approximately $90 million for the calendar year ending December 31, 2024 [1] - Raptor Scientific employs around 170 people and has manufacturing locations in Livermore, CA; Woodland Hills, CA; Berlin, CT; Huntsville, AL; and Peterborough, NH [1] Acquisition Details - TransDigm Group has successfully completed its acquisition of Raptor Labs Holdco, LLC (Raptor Scientific) for approximately $655 million in cash, including certain tax benefits [6] - The acquisition was financed through cash on hand and was previously announced on May 28, 2024 [6] Product Offerings - TransDigm Group, through its subsidiaries, designs, produces, and supplies highly engineered aircraft components for nearly all commercial and military aircraft in service today [3] - Major product offerings include mechanical/electro-mechanical actuators, ignition systems, specialized pumps and valves, batteries, cockpit security components, advanced sensor products, and various electronic components [3]