Janes Capital Partners Advises McStarlite Co. on its Sale to Standex
Summary
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). It designs and manufactures cold deep draw and bulge-formed aviation components, including segmented and single-piece lipskins, nozzles, complex sheet metal assemblies, and tooling to support production hardware. Standex International Corporation is a global multi-industry manufacturer in five broad business segments: Electronics, Engraving, Scientific, Engineering Technologies, and Specialty Solutions with operations in the United States, Europe, Canada, Japan, Singapore, Mexico, Brazil, Turkey, India, and China. “ Janes Capital Partners was instrumental in finding the ideal acquirer to support our continued growth,” said John Basso, Chairman and CEO of McStarlite Co. “ Their expertise, industry knowledge, and deep understanding of our Company’s unique capabilities and attributes were invaluable. Oaklins is the world’s most experienced mid-market M&A advisor, with 850 professionals in 45 countries and 15 dedicated industry teams—including an Aerospace & Defense group led by Janes Capital Partners.