TransDigm to acquire Extant Aerospace for $525M

TransDigm Group entered into a definitive agreement to acquire Extant Components Group Holdings (Extant) from Warburg Pincus for approximately $525 million. Extant provides aftermarket products and repair services for aerospace and defense.

“Extant has an unusual and attractive business model, with significant opportunities for growth.”sec.gov

• 3 sources
• sec.govExhibitMar 19, 2018
• aviationweek.comTransDigm Buying Aftermarket Provider Extant Components | Aviation WeekMichael BrunoMar 20, 2018
• prnewswire.comTransDigm Completes Acquisition of Extant AerospaceTransDigm Group IncorporatedApr 24, 2018

Summarized from public sources; check the original articles before acting on it.