Rockwell Collins To Acquire Flight Systems Company ARINC For $1.39 Billion

Rockwell Collins has announced on Sunday that they are acquiring ARINC for $1.39 billion from the Carlyle Group.  For over 80 years, ARINC has focused on supporting globally integral markets like aviation, transportation, aerospace, and government agencies.  ARINC will focus less on government work and more into commercial work.  ARINC is expected to report over $600 million in 2013 revenues.

“Strategically, this acquisition is a natural fit for Rockwell Collins,” stated Rockwell Collins’s chief executive officer Kelly Ortberg. “It accelerates our strategy to develop comprehensive information management solutions by building on our existing information-enabled products and systems and Arinc’s ground-based networks and services to further expand our opportunities beyond the aircraft.”

Carlyle Group acquired ARINC in the fall of 2007.  Carlyle conducted a sales process in recent weeks to find several strategic buyers.  Rockwell Collins was advised by Citigroup while ARINC and Carlyle was advised by Evercore Partners and JPMorgan Chase.

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