TransDigm Group acquires Raptor Scientific.
TransDigm Group Incorporated has announced its acquisition of Raptor Labs Holdco, LLC (Raptor Scientific), which is a portfolio company of L Squared Capital Partners. The deal was completed for $655 million in cash (approximately), including tax benefits.
Raptor Scientific is a complex test and measurement solutions provider that is well-established in the aerospace and defence sectors. The company manufactures highly engineered, proprietary components with significant aftermarket content. Almost all of Raptor Scientific’s revenue is generated through these products, with the company expected to generate around $90 million in revenue for the year ending on the 31st of December 2024.
The company has manufacturing locations in Livermore, CA; Woodland Hills, CA; Berlin, CT; Huntsville, AL; and Peterborough, NH. TransDigm’s acquisition of Raptor Scientific was previously announced on the 28th of May 2024.