Stout advised Central Wire Industries (“Central Wire”) on its sale to Altair Industries (“Altair”). Stout served as the exclusive sell-side financial advisor to Central Wire and as the sole placement agent for a secured term loan and revolving credit facility for Altair in connection with the transaction, which closed in August 2026.

Founded in 1955, Central Wire Industries specializes in high-performance wire manufacturing, including stainless steel, nickel alloys, and red metal wire. The Company manufactures engineered components for mission-critical applications requiring precise material properties, tight tolerances, corrosion resistance, reliability, and durability. Central Wire serves more than 3,000 customers annually across the aerospace and defense, industrial, medical, and energy end markets.

Founded in 2025, Altair Industries is a private equity firm focused on middle-market aerospace and defense and mission-critical industrial companies. Altair partners with management teams to enhance operations and drive sustainable growth, combining organic initiatives with disciplined M&A to build and scale resilient, high-performing platforms.