ESL - TransDigm: Making Another Purchase A Big One
TransDigm (TDG) is a very interesting business. In essence, it is a publicly listed private equity firm which focuses on the wider aerospace supplier sector. The company has seen incredible growth on its path as a strategy of M&A, aggressive leverage practices, and focus on higher margins has paid off more than handsomely.
This time, the company is announcing another deal and while it has made larger deals as well in the past, as well as many bolt-on deals, this is a big transaction again. The company has reached an agreement to acquire