HSCie Advises Management and Private Investors
HÜBNER SCHLÖSSER & Cie Advises Management and Private Investors on the Acquisition of ADVANCED STRUCTURAL TECHNOLOGIES, Inc., Oxnard, California
HÜBNER SCHLÖSSER & CIE identified, analyzed, negotiated, and ultimately structured the financing for the transaction by assembling a group of private equity investors and management participants.
ADVANCED STRUCTURAL TECHNOLOGIES is the global market leader in the production of forged aluminum blanks in small and medium batch sizes for the wheel industry and for run-flat wheels used in military vehicles. In addition, AST manufactures liners for COPV tanks (Carbon Overwrapped Pressure Vessels), which are used, among other applications, in natural gas tanks for the SPACEX rocket program as well as hydrogen tanks for larger vehicles.
AST employs approximately 150 people and currently generates revenues of around USD 24 million.
ADVANCED STRUCTURAL TECHNOLOGIES acquired the operations and business through an asset deal indirectly from two Southern California private equity firms, Crosse Partners and Huntington Capital.
HÜBNER SCHLÖSSER & Cie (HSCie), headquartered in Munich-Grünwald, is an independent mergers & acquisitions advisory firm. Over the past years, HSCie has completed more than 150 transactions across various industries with a total transaction volume exceeding EUR 17 billion.
With the ADVANCED STRUCTURAL TECHNOLOGIES transaction, HSCie demonstrates its extensive capabilities in creating value through equity transactions and acts as an equity investor by assuming ownership responsibilities in the management of the acquired company.