QAF | SIFCO Industries, Inc.

Client & Engagement Overview

• Client was a leader in forging small, complex aluminum parts for the aerospace & defense industries.
• Principal focus on providing parts for commercial and defense aircraft.
• Typical products include structural components, landing gear, and engine nacelle applications.
• Client seeking a sale transaction where the CEO/President quickly transitioned out of the business.

Challenges

• Concentration with a leading aerospace manufacturer.
• Ongoing transition of management responsibilities from the owners to middle level management.
• Head of sales & marketing passed away during the sale process.
• Company was reliant on older forging equipment.

Outcome

• Approached over 230 strategic and financial buyers, both domestic and foreign.
• Received 14 initial indications of interest and 4 final offers.
• Trefethen’s bankers successfully negotiated sale of business to a strategic buyer, SIFCO Industries.