Servotronics, Inc. (SVT) entered a merger agreement on May 19, 2025, to be acquired by TransDigm Group Incorporated (TDG) through a tender offer valued at $110 million.
As per the merger agreement, a subsidiary of TransDigm will commence a tender offer to acquire all the outstanding shares of Servotronics for $38.50 per share in cash, representing a premium of 274.15% from the stock’s last close.
Servotronics is a New York–based company that designs and manufactures servo controls and related components for aerospace, defense, and industrial applications.
TransDigm is a Cleveland-based global designer and manufacturer of highly engineered aircraft components, supplying a broad range of critical systems and parts to the aerospace and defense industries.
Servotronics began a review of strategic alternatives in March, when its stock was trading at $10.56.
The acquisition will be funded using TransDigm’s existing cash reserves. It expects to commence a cash tender offer for all of the outstanding shares of Servotronics on June 9, 2025.
Houlihan Lokey served as financial advisor, and Bond Schoeneck & King as legal advisor to Servotronics, while TransDigm received legal counsel from Baker & Hostetler.
For more in-depth information on this merger and acquisition transaction, please visit the Deal Metrics page here:
Deal Metrics for the acquisition of Servotronics, Inc. (SVT) by TransDigm Group Incorporated (TDG)
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Editor’s Note: Baranjot Kaur contributed to this article