TransDigm Acquires DART Aerospace for Approximately $360M

March 14, 2022

TransDigm Group Incorporated agreed to acquire DART Aerospace, a Montreal-based manufacturer of helicopter mission equipment, from Greenbriar Equity Group and First Aviation Services for approximately $360 million in cash. DART, which generates roughly $100 million in pro forma 2022 revenue and employs about 400 people across facilities in Canada, the U.S. and Mexico, was acquired to expand TransDigm's proprietary product and aftermarket capabilities; the deal is expected to close in Q2 2022 subject to customary approvals.

Buyers
TransDigm Group Incorporated
Targets
DART Aerospace
Sellers
Greenbriar Equity Group, L.P., First Aviation Services Inc.
Location
Quebec, Canada
Transaction Type
Buyout

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