23
Third Quarter 2014
Announced M&A Transactions
(Aerospace)
Announced
Closed
Announced
September 29, 2014
September 23, 2014
September 22, 2014
Notes
Notes
Notes
Esterline will acquire the
Aerospace and Defense Display
businesses of Barco N.V. for $200
million. The business designs and
manufactures high-technology,
harsh-environment displays and
visualizations solutions. The
acquisition will expand the global
display capability and better
position Esterline across a wide
range of growing end markets.
Citidal Partners LLC acquired
Lexel Imaging Systems, a
manufacturer of special purpose
cathode ray tubes, direct view
storage tubes, displays, and
phosphor coated substrates.
Lexel’s in-flight video display
systems are in the cockpits of
every major aircraft produced
throughout the world over the past
20 years. Lexel was previously a
subsidiary of Video Display
Corporation and Hughes Aircraft
Corporation.
TriMas Corp. entered into an
agreement to acquire privately held
Allfast Fastening Systems, Inc. for
$357 million, representing a 6.5x
trailing twelve month revenue
multiple. Allfast Fastening
Systems, Inc. is a manufacturer of
solid and blind rivets, blind bolts,
temporary fasteners and
installation tooling for the
aerospace industry, with content on
substantially all commercial,
defense and general aviation
platforms in production and in
service.
will acquire
acquired
will acquire
Source: Capital IQ and InfoBase as of 09/30/14
Aerospace & Defense Display Business
Citidal
Partners LLC
