TransDigm Announces Acquisition of Jet Parts Engineering and Victor Sierra Aviation Holdings

Core Viewpoint - TransDigm Group has announced a definitive agreement to acquire Jet Parts Engineering and Victor Sierra Aviation Holdings for approximately $2.2 billion in cash, including certain tax benefits [1] Group 1: Company Overview - Jet Parts Engineering (JPE) is an independent designer and manufacturer of aerospace aftermarket solutions, focusing on proprietary OEM-alternative parts and repairs, serving commercial, regional, and cargo airline customers, as well as MRO providers [2] - Victor Sierra Aviation Holdings (VSA) is a designer, manufacturer, and distributor of proprietary PMA and aftermarket parts, primarily serving the general aviation and business aviation sectors, with a collection of brands including McFarlane Aviation and Tempest Aero Group [3] Group 2: Financial Performance - The combined revenue of Jet Parts Engineering and Victor Sierra Aviation Holdings was approximately $280 million for the calendar year ended December 31, 2025 [4] Group 3: Strategic Fit and Future Plans - The acquisition is seen as a strategic fit for TransDigm, with both companies generating nearly 100% of their revenue from the commercial aftermarket, providing a unique value proposition to customers as alternatives to OEM parts [5] - TransDigm plans to operate both companies independently while continuing to support their customers and expects the acquisitions to create equity value aligned with long-term return objectives [5][6] Group 4: Operational Details - JPE employs approximately 300 people and has engineering and component repair locations in multiple states and the UK [2] - VSA employs approximately 400 people and operates out of three main facilities with additional satellite locations to support customer proximity [3]