TransDigm Group has completed its acquisition of Prince & Izant for approximately $1.066 billion in cash, including certain tax benefits.
Prince & Izant was previously a portfolio company of Industrial Growth Partners.
TransDigm financed the acquisition using cash on hand. The transaction was initially announced on July 27, 2026.
Cleveland-based Prince & Izant designs and manufactures highly engineered brazing alloys and specialty metal components used in advanced and high-cost-of-failure applications.
Its primary end markets include aerospace and defense, aeroderivative turbines and transportation.
Within aerospace and defense, applications include aircraft engine fuel nozzles and rocket engines.
The company also serves medical and general industrial markets to a lesser extent.
Prince & Izant generates the majority of its revenue from aftermarket sales and supports a large installed base globally.
The company’s products are based on specialized metallurgy, chemistry specifications and formulation expertise.
Its portfolio includes nearly 10,000 active stock-keeping units.
The majority of revenue comes from specialty metals including gold, silver and platinum alloys.
Prince & Izant is now expected to generate approximately $390 million in revenue for calendar year 2026.
The company operates manufacturing facilities in Cleveland, Ohio; Tinley Park, Illinois; Franksville, Wisconsin; and Bay Shore, New York.
Prince & Izant employs approximately 220 people.
