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Industrial Growth Partners Completes Sale of Prince & Izant to TransDigm

  • Industrial Growth Partners (IGP) completed the sale of Prince & Izant, LLC to TransDigm Group Incorporated for $1.066 billion on September 28, 2026.
  • Prince & Izant is a Cleveland-based provider of specialty materials solutions for aerospace & defense, medical, power generation, HVAC/R, transportation, & industrial markets.
  • IGP recapitalized Prince & Izant in June 2022 & executed a growth plan that included adding executive talent, expanding engineering resources, & investing in manufacturing capacity.
  • The company completed three strategic acquisitions under IGP ownership: Peltier Manufacturing (2022), Kay & Associates (2023), & Clad Metal Specialties (2025).
  • During IGP's ownership, Prince & Izant more than doubled EBITDA, significantly expanded margins, & increased its presence in data center infrastructure & other key end markets.
  • IGP originally acquired Prince & Izant in June 2022 from the Brandenburg family, who retained a significant minority equity position.
  • IGP is a San Francisco-based private equity firm founded in 1997 with over $3.4 billion in equity capital raised.