TransDigm Group acquired Semco Instruments, Inc. for $73.6 million, a transaction completed in September 2010, structured as cash.
TransDigm closed its purchase of Semco Instruments in September 2010 for roughly $74 million in cash. Based in Valencia, California, Semco builds proprietary, highly engineered components used on virtually every major turbo-prop, turbo-fan and turbo-shaft engine, supplying makers such as Pratt & Whitney, Honeywell and General Electric. Its parts appear largely on helicopters, business jets and select regional aircraft, giving the deal meaningful aftermarket exposure.
Added proprietary aerospace components with significant aftermarket content.
Advisory firms were not disclosed for this transaction.