# TransDigm Group to acquire DART Aerospace for $360 million

TransDigm Group entered a definitive agreement to acquire DART Aerospace, a provider of helicopter mission equipment, for approximately $360 million in cash. The acquisition is expected to close in the second quarter of 2022.

- Type: Acquisition
- Announced: 2022-03-14
- Where: Montreal, Quebec, Canada
- Value: $360.0M
- Status: announced
- Products: helicopter mission equipment
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Greenbriar Equity Group](https://endata.com/companies/3222.md) (investor)
- [Transdigm](https://endata.com/companies/4650.md) (acquirer)
- [DART Aerospace](https://endata.com/companies/37915.md) (target)

## Sources

- [transdigmgroupinc.gcs-web.com](http://transdigmgroupinc.gcs-web.com/news-releases/news-release-details/transdigm-announces-acquisition-dart-aerospace/), 2022-03-14: "TransDigm Group Incorporated announced today that it has entered into a definitive agreement to acquire DART Aerospace for approximately $360 million in cash."
- [ainonline.com](https://www.ainonline.com/aviation-news/business-aviation/2022-03-14/dart-aerospace-be-acquired-transdigm-group), 2022-03-14: "Dart Aerospace is being acquired by Cleveland-based aerospace manufacturing company TransDigm Group, in a deal that is expected to close in the second half of this year."
- [helicopterinvestor.com](https://www.helicopterinvestor.com/news/98645/transdigm-group-acquires-dart-aerospace-after-paravion-deal-123/), 2022-03-15: "Dart is an industry leader in helicopter mission equipment and its unique helicopter solutions fit well with our proprietary and aftermarket-focused value generation strategy."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
