AI English summary of an SEC filing — figures as filed
TransDigm said it completed the acquisition of Raptor Labs Holdco, LLC (Raptor Scientific), a portfolio company of L Squared Capital Partners, on July 31, 2024 for approximately $655 million in cash, including certain tax benefits.
Key points
AI summaryTransDigm said it completed the acquisition of Raptor Labs Holdco, LLC (Raptor Scientific), a portfolio company of L Squared Capital Partners, on July 31, 2024 for approximately $655 million in cash, including certain tax benefits.
The company said it financed the acquisition through cash on hand. It added that the entry into the definitive agreement to acquire the company was previously reported in a Form 8-K filed on May 28, 2024.
TransDigm said Raptor Scientific is a leading global manufacturer of complex test and measurement solutions primarily serving the aerospace and defense end markets. It expects the company to generate approximately $90 million in revenue for the calendar year ending December 31, 2024.
The company said nearly all of Raptor Scientific's revenue is generated from proprietary products and that it employs approximately 170 people. Its manufacturing locations are in Livermore, Woodland Hills, Berlin, Huntsville and Peterborough, across 5 U.S. sites.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Raptor Labs Holdco Acquisition Completed
TransDigm said it completed the acquisition of Raptor Labs Holdco, LLC (Raptor Scientific), a portfolio company of L Squared Capital Partners, on July 31, 2024 for approximately $655 million in cash, including certain tax benefits.
Source · Based on the filing body and exhibits
Acquisition Funded With Cash on Hand
The company said it financed the acquisition through cash on hand. It added that the entry into the definitive agreement to acquire the company was previously reported in a Form 8-K filed on May 28, 2024.
Source · Based on the filing body and exhibits
Raptor Scientific's Business and Revenue Scale
TransDigm said Raptor Scientific is a leading global manufacturer of complex test and measurement solutions primarily serving the aerospace and defense end markets. It expects the company to generate approximately $90 million in revenue for the calendar year ending December 31, 2024.
Source · Based on the filing body and exhibits
Raptor Scientific's Product Mix, Workforce and Manufacturing Sites
The company said nearly all of Raptor Scientific's revenue is generated from proprietary products and that it employs approximately 170 people. Its manufacturing locations are in Livermore, Woodland Hills, Berlin, Huntsville and Peterborough, across 5 U.S. sites.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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