Tjc announces sale of communications & power industries' (“cpi”) electron device business to transdigm group

New york--(business wire)--tjc, l.p. (“tjc”) today announced that an affiliate of the resolute fund v, l.p. (“resolute v”) has entered into a definitive agreement to sell cpi's electron device business (“edb” or the “company”), a business segment of communications & power industries (“cpi”), to transdigm group inc. (nyse: tdg) for approximately $1.385 billion in cash. cpi was acquired by tjc in october 2022 through an affiliate of the resolute fund v, l.p. cpi's electron device business is.
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