With the benefit of Stellex’s support, RTC will be a premier platform in the segment. We are deeply appreciative of the partnership with Stellex and the management team, and we look forward to tremendous success at RTC.
Configure Partners Advises Stellex Capital Management on its Acquisition Financing for RTC Aerospace
Atlanta, GA — Configure Partners, LLC (“Configure”), a leading middle-market investment bank, is pleased to announce its role as exclusive financing advisor to Stellex Capital Management LLC (“Stellex”) in securing committed debt capital to support Stellex’s acquisition of RTC Aerospace LLC (“RTC” or “The Company”), a leading provider of complex machined components and assemblies for mission-critical aerospace and defense applications.
Configure acted as the exclusive financing advisor to Stellex in connection with securing debt financing to facilitate the acquisition of RTC. Configure supported all aspects of the debt financing process including lender approach, structuring, and negotiating the financing-related documentation for the acquisition.
“We believe RTC is an exciting investment. The Company has a long legacy as a critical manufacturing partner to OEMs and Tier 1 suppliers. We look forward to building upon that legacy going forward, and the Configure team delivered, helping us identify a lender that is equally excited about RTC and supportive of our plans for growth” said David Waxman, Managing Director at Stellex.
Joseph Weissglass, a Managing Director at Configure, commented, “With the benefit of Stellex’s support, RTC will be a premier platform in the segment. We are deeply appreciative of the partnership with Stellex and the management team, and we look forward to tremendous success at RTC.”
About RTC Aerospace (www.rtcaerospace.com)
Based outside of Los Angeles, CA, RTC is a leading manufacturer of high-precision, difficult-to-machine components for commercial and military aircraft and varied aerospace and defense applications. For over 65 years, the Company has been providing blue-chip commercial and military aerospace OEMs and Tier 1 suppliers with specialized manufacturing solutions that enable the production of unique product families, including hydraulic housings, landing gear components, aerostructures, and missile assemblies.
About Stellex Capital Management LLC (www.stellexcapital.com)
With offices in New York, Detroit, Pittsburgh, and London, Stellex Capital is a private equity firm with over $2.6 billion in AUM. Stellex seeks to identify and deploy capital in opportunities that have the potential to provide stability, improvement, and growth. Portfolio companies benefit from Stellex’s industry knowledge, operating capabilities, network of senior executives, strategic insight and access to capital. Sectors of particular focus include specialty manufacturing, industrial and business services, aerospace & defense, automotive, government services, transportation, logistics and food.
About Configure Partners (www.configurepartners.com)
Configure Partners is a preeminent credit-oriented middle market advisory boutique headquartered in Atlanta. The firm provides investment banking and financial advisory services surrounding credit and creditor’s rights, providing actionable advice and results-oriented execution. Configure’s Debt Placement practice designs bespoke financing solutions for borrowers to support leveraged buyouts, acquisitions, and dividend recaps, among other strategic objectives. The firm’s Credit Resolutions practice is the trusted advisor to lenders and their borrowers when confronting business, liquidity, or capital structure challenges.