Industrial Growth Partners (IGP) has sold Prince & Izant, a specialty materials company, to TransDigm Group for $1.066 billion. Since acquiring Prince & Izant in 2022, IGP helped expand its product range, market presence, and manufacturing capabilities, doubling its EBITDA and improving margins. The sale reflects the company's strengthened position in aerospace, medical, power generation, and other critical markets. TransDigm is expected to support further growth for Prince & Izant.
Industrial Growth Partners' sale of Prince & Izant provides context for the Industrials sector performance on Pluang. For readers following Industrials, here is Pluang's market snapshot as of Sep 29, 2026 20:02 WIB: Of 93 priced US Industrials stocks, 72 rose and 17 fell today. Notable movers include Vertiv Holdings Co (VRT) at USD 250.44 with a 1-day change of +2.62% and Pluang order activity showing 67% Sell / 33% Buy, Eos Energy Enterprises Inc (EOSE) at USD 3.13 with +1.95% and 0% Sell / 100% Buy, and Virgin Galactic Holdings, Inc. (SPCE) at USD 3.20 with +1.91% and 29% Sell / 71% Buy. Typical hold times range from 15 to 68 days among these stocks.
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