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TransDigm Group [TDG] on Tuesday said it has agreed to acquire Raptor Scientific, a manufacturer of proprietary test and instruments equipment for aerospace, defense, and other industries, from the private equity firm L Squared Capital Partners for $655 million in cash. Raptor Scientific, which has about 170 employees, is expected to generate about $90 million in sales this year. TransDigm said that Raptor’s products include “significant aftermarket content.” The transaction includes certain tax benefits, TransDigm said. The acquisition is subject…
