Stout has advised Stellex Capital Management on its acquisition of Crest Ultrasonics (“Crest” or the “Company”). Stout served as the financial advisor and debt capital placement agent to Stellex Capital, successfully raising acquisition financing in connection with the transaction, which closed on October 1, 2025.

With offices in New York, London, Pittsburgh, and Detroit, Stellex Capital is a private equity firm with over $5 billion in AUM. Stellex seeks to identify and deploy capital in opportunities that stand to benefit from its operationally focused and hands-on approach to investing. Portfolio companies are supported by Stellex’s industry knowledge, operating capabilities, network of senior executives, strategic insights, and access to capital. Stellex will work closely with Crest’s management team in an effort to drive operational excellence, accelerate growth initiatives, and build on the Company’s foundation of technical innovation, quality, and customer service.

Crest is a global industrial technology company specializing in high-performance ultrasonic cleaning and welding equipment for the medical, electronics, aerospace, automotive, industrial, consumer, and precision manufacturing markets. With manufacturing facilities in the United States, Europe, and Asia, Crest delivers innovative solutions that help customers maintain production efficiency, safety, and compliance in mission-critical environments.