Kirkland & Ellis is advising Communications & Power Industries, a portfolio company of TJC, L.P., on the $1.385 billion sale of its Electron Device business to TransDigm Group Incorporated (NYSE:TDG). The sale was announced on November 9, 2023. CPI’s Electron Device business is a leading global manufacturer of electronic components and subsystems primarily serving the aerospace and defense industries and includes highly-engineered, proprietary components with significant aftermarket content and a strong presence across major aerospace and defense platforms.

The Kirkland team is being led by corporate partners Andrew Arons and Ned Schultheis and associate Amanda Gottlieb; tax partners Jared Rusman and Adam Arikat; and technology & IP transactions partners Matt Lovell and Joanna Schlingbaum.