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TransDigm Group Incorporated (NYSE:TDG) Q4 2023 Earnings Call Transcript

Operator: Good day, and thank you for standing by. Welcome to the TransDigm Group Incorporated Fourth Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode.

TransDigm Group (TDG) Announces Resignation of Mervin Dunn and John Staer from Board

TransDigm Group (TDG) Announces Resignation of Mervin Dunn and John Staer from Board
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Investegate |EverArc Holdings Ltd Announcements | EverArc Holdings Ltd: Annual Financial Report

  While the private transaction market was effectively closed for a portion of 2020, and remains tepid in various sectors including Industrials and (to a lesser extent) Services, our origination and diligence activities ran at full throttle throughout the year.   A handful of potentially actionable opportunities proved sufficiently compelling to merit significant diligence and careful consideration. These were excellent businesses which, we believe, could have potentially met our target returns. These businesses, however, fell short of the high bar we set for our platform acquisition, and we decided to keep the bat on our shoulder and wait for an even better pitch.

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