TransDigm Group Incorporated (NYSE:TDG) entered into a definitive agreement to acquire Dart Aerospace Limited from Greenbriar Equity Group, L.P. and First Aviation Services Inc. for approximately $360 million on March 14, 2022. The consideration will be paid in cash. The acquisition will be financed through existing cash on hand. The transaction is subject to regulatory approvals and customary closing conditions. The transaction is expected to close during the second calendar quarter of 2022. Peter Love of Jones Day acted as legal advisor to TransDigm Group Incorporated. Kirkland & Ellis LLP acted as legal advisor to Dart Aerospace Limited in the transaction. Houlihan Lokey, Inc. acted as a financial advisor to Dart Aerospace Limited.

TransDigm Group Incorporated (NYSE:TDG) completed the acquisition of Dart Aerospace Limited from Greenbriar Equity Group, L.P. and First Aviation Services Inc. on May 25, 2022.