At what enterprise value was TRIMAS AEROSPACE acquired in 2026?

During the acquisition of TRIMAS AEROSPACE by PENNAERO in 2026, the transaction's Enterprise Value is estimated to be in the range of 1b - 4b USD.

What was the EV/EBITDA of TRIMAS AEROSPACE when it was acquired by PENNAERO?

The estimated EV/EBITDA multiple for TRIMAS AEROSPACE is in the range of 15x - 25x.

When was TRIMAS AEROSPACE acquired by PENNAERO?

TRIMAS AEROSPACE was acquired by PENNAERO in 2026.

What was the revenue of TRIMAS AEROSPACE at the time of the deal?

The revenue of TRIMAS AEROSPACE at the time of the deal is estimated to be in the range of 250M - 500M USD.

What was the EBITDA of TRIMAS AEROSPACE during the acquisition?

TRIMAS AEROSPACE's EBITDA is estimated to be in the range of 50M - 100M USD.

How is the data for the TRIMAS AEROSPACE acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the TRIMAS AEROSPACE deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.trimas.com/news/2026/trimas-completes-the-divestiture-of-trimas-aerospace/

← DATABASE

Home Database Industry & ManufacturingTRIMAS AEROSPACE

03/2026

TRIMAS AEROSPACE acquired by PENNAERO

UNITED STATES Aerospace, Naval & Defense / Aerostructures EV 1b - 4b USD

Context

The sale of the aerospace division marks the culmination of a strategic review initiated by TriMas Corporation to simplify its historical "mini-conglomerate" structure. This move was heavily influenced by activist shareholder Barington Capital, which advocated for a definitive separation of the packaging and aerospace businesses to eliminate the valuation discount associated with diversified industrials. The rationale centers on a "portfolio-purification" play, allowing the seller to reallocate capital toward life sciences and high-growth consumer packaging segments. For the buyers, the maneuver consolidates a fragmented market of specialized fasteners and machined parts. By merging the target with the existing PennAero platform, the sponsors are creating a formidable independent player capable of providing a broader suite of structural solutions to global OEMs. This structural alignment provides the organization with the institutional capital and autonomy required to navigate the cyclicality of the aerospace sector while investing in advanced composite and alloy manufacturing.

Previously, Trimas Aerospace had completed the acquisition of Gmt Aerospace in 2025 as part of its consolidation strategy.

TRIMAS AEROSPACE, which reported an EBITDA margin of in 2025, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Industry & Manufacturing sector (11.6x).

-> Deep-dive in Industry & Manufacturing market trends

Target

TriMas Aerospace operates as a premier technology organization dedicated to the engineering and distribution of high-technology fasteners and precision-machined components. The entity’s business model is centered on a proprietary framework of hardware solutions—including structural fasteners, blind bolts, and engineered ducting—designed for critical applications within commercial, business, and military aviation. Its value proposition is anchored in technical operational depth, providing mission-critical components that meet the rigorous standards of global airframe and engine manufacturers. Strategically, the firm focuses on the deployment of innovative fastening systems and high-precision machining to optimize the structural integrity and performance of aerospace platforms.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (USD)

Year

Rev

EBITDA

EBIT

2025

2024

Other operations with TRIMAS AEROSPACE

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
02/2025	TRIMAS AEROSPACE	GMT AEROSPACE	GERMANY	Aerostructures

REFERENCES

Valuation range: EV 1b - 4b USD

Revenue range: 250M - 500M USD

EBITDA range: 50M - 100M USD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of TRIMAS AEROSPACE by PENNAERO are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.