ATI bought for $430m
TransDigm Group Incorporated this week announced an agreement to purchase Aviation Technologies, a privately-owned supplier of aerospace products, for approximately $430m in cash.

this week announced an agreement to purchase Aviation Technologies (ATI), a privately-owned supplier of aerospace products, for approximately $430m in cash. TransDigm expects to finance the acquisition primarily through a combination of senior and subordinated debt.
ATI, which is based in
Avtech is a supplier of flight deck and passenger audio systems, cabin lighting and power control products and related components. ADS/Transicoil is a supplier of displays, clocks, brushless motors and related components and instruments.
About 95% of ATI's revenue is generated from the global aerospace industry, with approximately 80% of such revenue coming from the commercial market and approximately 20% of such revenue coming from the military market. ATI employs approximately 600 people in one Malaysian and three
For the calendar year ending December 31, 2006, ATI is expected to have approximately $105m in revenues and approximately $35m of EBITDA (earnings before interest, taxes, depreciation and amortization). The 2006 EBITDA is expected to include approximately $3m of program development expenses for products that ATI will be providing on the Boeing 787, $3m of ATI corporate overhead, and $1m of one time relocation/severance charges.
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