Leading aerospace metal forming specialist finds new home with a strategic acquiror

Deal Flash

McStarlite Co. has been sold to Standex International Corporation for approximately US$56.5 million in cash. The company will be integrated into Standex’s Engineering Technologies Group business segment.

Basmat, Inc. d/b/a McStarlite Co., founded in 1955 and privately held, operates four facilities in Harbor City, CA. McStarlite Co. is a premier sheet metal forming specialist, producing some of the largest and most complex components used by the aerospace sector. 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. In 2024, the revenue of McStarlite Co. was approximately US$33 million.

Oaklins Janes Capital was instrumental in finding the ideal acquiror to support our continued growth. Their expertise, industry knowledge and deep understanding of our company’s unique capabilities and attributes were invaluable. Oaklins Janes Capital has secured an outstanding long-term partner with highly complementary product offerings, engineering expertise and geographical presence. JOHN BASSO, CHAIRMAN AND CEO, MCSTARLITE CO., USA

Oaklins' global reach helped find the right partner

Oaklins Janes Capital, our aerospace, defense and security team in Irvine, acted as the exclusive sell-side advisor to McStarlite Co. in connection with its sale to Standex. Oaklins’ team in France also supported this transaction, assisting with engaging certain potential buyers in Europe.

Talk to our advisors