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TransDigm Group closes PneuDraulics deal

TransDigm Group Inc. on Aug. 19 closed its acquisition of PneuDraulics Inc. for a transaction value of $325.0 million.

In addition to general closing conditions, the deal required additional review for antitrust concerns.

Baker & Hostetler LLP was the legal adviser for TransDigm Group.

Houlihan Lokey Inc. was the financial adviser for PneuDraulics, while Gibson Dunn & Crutcher LLP was the legal adviser.