Janes Capital Partners Advises McStarlite Co. on Sale to Standex International Corporation
IRVINE, Calif.–(BUSINESS WIRE)–Janes Capital Partners announced today that it served as exclusive sell-side advisor to McStarlite Co. on its sale to Standex International Corporation (NYSE:SXI). McStarlite Co. will be reported as part of Standex’s Engineering Technologies Group business segment. Basmat, Inc. d/b/a McStarlite Co. (“McStarlite Co.”), founded in 1955 and privately-held, operates four facilities in Harbor City, CA. McStarlite Co. is a premier sheet metal specialist forming some of the most intricate and precise components for various industries.
The Acquisition
Standex International Corporation’s acquisition of McStarlite Co. marks a significant milestone for both companies. Standex, a global multi-industry manufacturer, will now have the opportunity to expand its Engineering Technologies Group with McStarlite Co.’s expertise in sheet metal fabrication. This acquisition will strengthen Standex’s position in the market and enhance its capabilities to serve a wider range of industries. McStarlite Co.’s long history and reputation for quality craftsmanship make it a valuable addition to Standex’s portfolio.
The Impact
With this acquisition, McStarlite Co. will have access to Standex’s resources and global reach, allowing for further growth and development. Customers of both companies can expect to benefit from an expanded range of services and solutions. The combined expertise of McStarlite Co. and Standex will result in enhanced innovation and efficiency in sheet metal fabrication. This acquisition demonstrates the continued commitment of both companies to providing high-quality products and services to their customers.
—
How the Acquisition of McStarlite Co. Will Impact You
As a customer or employee of McStarlite Co., you can expect to see new opportunities and resources becoming available as a result of the company’s acquisition by Standex International Corporation. With Standex’s global presence and expertise, there may be potential for growth and expansion within your role or the services offered by McStarlite Co. You may also benefit from the increased innovation and efficiency that comes with the combined capabilities of both companies.
How the Acquisition of McStarlite Co. Will Impact the World
The acquisition of McStarlite Co. by Standex International Corporation will have a ripple effect in the world of sheet metal fabrication and manufacturing. The enhanced capabilities and resources of the combined companies will lead to greater innovation and efficiency in the industry. Customers around the world may see improved products and services as a result of this acquisition, ultimately contributing to the advancement of technology and manufacturing processes globally.
Conclusion
The acquisition of McStarlite Co. by Standex International Corporation signifies a new chapter of growth and opportunity for both companies. With a shared commitment to excellence and innovation, the combined expertise of McStarlite Co. and Standex will lead to significant advancements in the field of sheet metal fabrication. Customers and employees can look forward to a future of expanded capabilities and enhanced quality as a result of this acquisition.
