TransDigm: Mini-Monopolies at 30,000 Feet

Which companies come to mind when you think about the most successful serial acquirers?

Perhaps Constellation Software, Berkshire Hathaway, …

But a company often forgotten on that list is TransDigm.

In fact, here’s what a $1,000 investment 10 years ago would be worth today:

• Berkshire Hathaway: $1,000 → $3,400

• Constellation Software: $1,000 → $5,300

• TransDigm…