Mesirow Advises ATI on the Sale of ATI's East Hartford Operations to Barnes Aerospace
ATI (NYSE:ATI), a global producer of high-performance materials for aerospace and defense markets, has announced the sale of its East Hartford Operations (EHO) to Barnes Aerospace. The transaction was facilitated by Mesirow, acting as the exclusive financial advisor.
EHO, located in Connecticut, is a specialized manufacturer of flight-safety critical rotating hardware, including rotor hubs, rotorcraft components, and jet engine discs for both commercial and defense aerospace sectors. The facility has built a strong reputation over 75 years of operations.
This deal represents another successful aerospace & defense corporate carve-out transaction for Mesirow Investment Banking, which has completed over 350 transactions across its verticals.
ATI (NYSE:ATI), produttore globale di materiali ad alte prestazioni per i settori aerospaziale e della difesa, ha annunciato la vendita della sua East Hartford Operations (EHO) a Barnes Aerospace. L'operazione 猫 stata gestita da Mesirow, che ha agito come consulente finanziario esclusivo.
Situata nel Connecticut, EHO 猫 un produttore specializzato di componenti rotanti critici per la sicurezza del volo, tra cui mozzi del rotore, parti per velivoli a rotore e dischi per motori a reazione destinati ai settori aerospaziale commerciale e della difesa. Lo stabilimento vanta una solida reputazione maturata in 75 anni di attivit脿.
Per Mesirow Investment Banking, questo accordo rappresenta un'altra operazione di carve-out riuscita nel comparto aerospaziale e della difesa: la societ脿 ha completato oltre 350 transazioni nei propri verticali.
ATI (NYSE:ATI), productor global de materiales de alto rendimiento para los mercados aeroespacial y de defensa, ha anunciado la venta de su East Hartford Operations (EHO) a Barnes Aerospace. La transacci贸n fue gestionada por Mesirow, que actu贸 como asesor financiero exclusivo.
Con sede en Connecticut, EHO es un fabricante especializado en componentes rotativos cr铆ticos para la seguridad de vuelo, incluidos cubos de rotor, piezas para aeronaves de rotor y discos de motores a reacci贸n para los sectores aeroespacial comercial y de defensa. La planta ha consolidado una s贸lida reputaci贸n a lo largo de 75 a帽os de actividad.
Este acuerdo constituye otra exitosa operaci贸n de carve-out en el 谩mbito aeroespacial y de defensa para Mesirow Investment Banking, que ha completado m谩s de 350 transacciones en sus verticales.
ATI (NYSE:ATI), 頃车鞖办＜ 氚� 氚╈渼 鞁滌灔鞖� 瓿犾劚電� 靻岇灛鞚� 旮�搿滊矊 鞝滌“鞐呾泊鞚� ATI電� 鞛愳偓鞚� East Hartford Operations (EHO)鞚� Barnes Aerospace鞐� 毵り皝頄堧嫟瓿� 氚滍憸頄堨姷雼堧嫟. 鞚措矆 瓯半灅電� 鞝勳啀 鞛 鞛愲靷 頇滊彊頃� Mesirow臧� 欷戧皽頄堨姷雼堧嫟.
旖旊劋韹办环鞐� 鞙勳箻頃� EHO電� 牍勴枆 鞎堨爠鞐� 欷戩殧頃� 須岇爠 攵�頀�鈥旊韯� 項堧笇, 須岇爠鞚� 攵�頀� 氚� 氙缄皠路甑办毄 鞝滍姼 鞐旍 霐旍姢韥� 霌膘潉 鞝勲鞝侅溂搿� 鞝滌“頃橂姅 鞐呾泊鞛呺媹雼�. 鞚� 鞁滌劋鞚� 75云�鞐� 瓯胳箿 鞖挫榿鞚� 韱淀暣 韮勴儎頃� 韽夗寪鞚� 鞂撿晞鞕旍姷雼堧嫟.
鞚措矆 瓯半灅電� Mesirow Investment Banking鞚� 頃车鞖办＜路氚╈渼 攵勳暭鞐愳劀 靹膘偓鞁滍偍 霕� 頃橂倶鞚� 靹标车鞝侅澑 旃措笇鞎勳泝 瓯半灅搿�, 頃措嫻 旮瓣磤鞚� 鞛愳偓 攵勳暭鞐愳劀 350瓯� 鞚挫儊鞚� 瓯半灅毳� 鞕勲頄堨姷雼堧嫟.
ATI (NYSE:ATI), producteur mondial de mat茅riaux haute performance pour les march茅s a茅ronautiques et de d茅fense, a annonc茅 la vente de ses East Hartford Operations (EHO) 脿 Barnes Aerospace. L'op茅ration a 茅t茅 orchestr茅e par Mesirow, qui a agi en tant que conseiller financier exclusif.
Bas茅e dans le Connecticut, EHO est un fabricant sp茅cialis茅 dans les composants rotatifs critiques pour la s茅curit茅 du vol, tels que les moyeux de rotor, les pi猫ces pour voilures tournantes et les disques de moteurs 脿 r茅action destin茅s aux secteurs a茅ronautique civil et militaire. L'installation s'est forg茅e une solide r茅putation au cours de ses 75 ans 诲'补肠迟颈惫颈迟茅.
Cette transaction repr茅sente une nouvelle op茅ration de carve-out r茅ussie pour Mesirow Investment Banking dans l'a茅rospatial et la d茅fense ; la banque a r茅alis茅 plus de 350 transactions dans ses secteurs.
ATI (NYSE:ATI), ein globaler Hersteller hochleistungsf盲higer Materialien f眉r die Luft- und Raumfahrt sowie die Verteidigungsbranche, hat den Verkauf seiner East Hartford Operations (EHO) an Barnes Aerospace bekanntgegeben. Die Transaktion wurde von Mesirow begleitet, das als exklusiver Finanzberater fungierte.
Die in Connecticut ans盲ssige EHO ist ein spezialisierter Hersteller von flug-sicherheitskritischer rotierender Hardware, darunter Rotornaben, Bauteile f眉r Drehfl眉gler und Triebwerkscheiben f眉r die zivile und milit盲rische Luftfahrt. Die Anlage verf眉gt 眉ber einen ausgezeichneten Ruf nach 75 Jahren 罢盲迟颈驳办别颈迟.
F眉r Mesirow Investment Banking stellt dieser Abschluss eine weitere erfolgreiche Carve-out-Transaktion im Luft- und Raumfahrt-/Verteidigungsbereich dar; das Haus hat in seinen Gesch盲ftsbereichen mehr als 350 Transaktionen abgeschlossen.
- Strategic divestiture allowing ATI to focus on core operations
- Sale of a well-established business with 75-year operating history
- Transaction strengthens ATI's financial position through asset monetization
- Loss of revenue stream from flight-safety critical components business
- Reduction in ATI's aerospace manufacturing capabilities
Insights
ATI's divestiture of East Hartford Operations to Barnes Aerospace streamlines portfolio while raising capital for potential core aerospace growth investments.
ATI (NYSE:ATI) has completed the sale of its East Hartford Operations to Barnes Aerospace, representing a strategic portfolio rationalization for the high-performance materials producer. This Connecticut-based facility specializes in flight-safety critical rotating hardware including rotor hubs, rotorcraft components, and jet engine discs for both commercial and defense aerospace markets.
This transaction appears to be part of ATI's ongoing portfolio optimization strategy. By divesting a non-core but valuable aerospace component manufacturing operation, ATI likely aims to concentrate resources on its primary materials production capabilities while potentially unlocking capital that can be redeployed. The East Hartford Operations has built significant market credibility over its 75+ year history, making it an attractive acquisition target for Barnes Aerospace, which can integrate these manufacturing capabilities into its existing aerospace components business.
While financial terms weren't disclosed, the transaction's completion suggests the valuation met ATI's requirements. For investors, this divestiture signals ATI's disciplined approach to capital allocation and business focus. The company can now direct more attention and resources toward its core competencies in high-performance materials for aerospace, defense, electronics, medical, and specialty energy applications. This type of strategic pruning often results in improved operational efficiency and potentially higher returns on invested capital across the remaining business segments.
- East Hartford Operations is a leading supplier of flight-safety critical components and assemblies for the commercial and defense aerospace sectors.
- Mesirow acted as the exclusive financial advisor on this corporate divestiture transaction, highlighting the firm's continued success in the aerospace & defense sector.
ATI is a global producer of high performance materials and solutions for the aerospace and defense markets, and critical applications in electronics, medical and specialty energy. Located in
"It was an honor to represent ATI on this transaction, and we are thrilled to have reached a successful outcome. The Company has built a stellar reputation in the market by providing quality products and best-in-class customer service for over 75 years," said Adam
The transaction marks another successful aerospace & defense corporate carve-out transaction completed by Mesirow Investment Banking. In recent years, the firm has completed more than 350 transactions across its verticals. With deep industry expertise, long-standing client relationships, and a commitment to delivering tailored solutions, Mesirow continues to build a proven track record of highly successful transactions.
About Mesirow
Mesirow is an independent, employee-owned financial services firm founded in 1937. Headquartered in
Mesirow has been named one of the Best Places to Work in
About EHO
The EHO facility is a leading supplier of flight-safety critical components and assemblies with a 75+ year operating history. EHO has a core competence in flight-safety critical rotating hardware and specializes in machining (milling and turning) rotor hubs, rotorcraft components, and jet engine discs, among other critical aerospace and defense parts. EHO is located in
Media
[email protected]
Michael Herley | 203.308.1409
Nothing contained herein constitutes an offer to sell or a solicitation of an offer to buy an interest in any Mesirow investment vehicle(s). Mesirow Financial, Inc. is not affiliated with ATI East Hartford Operations, Barnes Aerospace, Apollo Global Management or their affiliates. Past performance is not indicative of future results. Mesirow refers to Mesirow Financial Holdings, Inc. and its divisions, subsidiaries and affiliates. The Mesirow name and logo are registered service marks of Mesirow Financial Holdings, Inc. 漏 2025. All rights reserved. Securities offered through Mesirow Financial, Inc. member FINRA, SIPC.
2022 Crain's Best Places to Work (Received August 2022 reflective of previous 12 months 鈥� Licensing fees paid post award for use of the ranking). Best Companies Group (BCG), an independent workplace excellence research firm, conducted a two-part survey. Part one, consisted of an employer questionnaire, used to collect information about benefits, policies, practices, and other general information. Part two was a confidential 77-question employee survey used to evaluate local employee's workplace experience and culture. Rankings and/or recognition by unaffiliated rating services and/or publications are not indicative of a firm's future performance nor do they evaluate the quality of services provided to clients or guarantee that he/she will experience a certain level of results if Mesirow is engaged, or continues to be engaged, to provide investment advisory services, nor should they be construed as a current or past endorsement of Mesirow by any of its clients.
2023 Barron's Top RIAs (Received September 2023 for the year 2022 鈥� Licensing fees paid post award for use of the ranking). In order to be considered for the Barron's 2023 Top RIA Firms list, applicants were required to complete a 145-question survey, with the firm's ADV informing the majority of responses. Firms were also required to meet a number of other specified requirements to be eligible for inclusion. Firms were ranked based on various qualitative and quantitative factors, including assets managed, the size and experience of teams, regulatory records of the advisors and firms, technology spending, staff diversity, organic and M&A growth, client segmentation as well as succession planning.
View original content to download multimedia:
SOURCE Mesirow Financial Holdings, Inc.
FAQ
What assets did ATI sell to Barnes Aerospace in 2025?
What does ATI's East Hartford Operations manufacture?
Who advised ATI on the East Hartford Operations sale?
How long has ATI's East Hartford Operations been in business?
What is ATI's main business focus?
