Stout advised Weldmac Manufacturing Company (“Weldmac”), a leading designer and manufacturer of high-performance, complex metal fabricated components and assemblies, on its sale to TriMas (NASDAQ: TRS). The transaction closed on April 21, 2023. Stout served as exclusive sell-side financial advisor to Weldmac in connection with the transaction.

Located in El Cajon, CA, Weldmac is a premier designer and manufacturer of highly engineered components across the aerospace, defense, commercial power, and space launch industries, and was previously family estate owned since its founding. Offering numerous AS9100D and National Aerospace and Defense Contractors Accreditation Program (NADCAP) certified manufacturing services, Weldmac’s comprehensive processes include welding, stamping, punching, hydroforming, forging, laser cutting, custom tooling and machining, as well as advanced quality control inspections and complex assembly utilizing a variety of metals. Weldmac’s manufacturing is equipped with a wide variety of state-of-the-art lasers and metal forming and fabrication equipment.

Headquartered in Bloomfield Hills, MI, TriMas manufactures a diverse set of products primarily for the consumer products, aerospace, and industrial markets through its TriMas Packaging, TriMas Aerospace, and Specialty Products groups. TriMas has approximately 3,500 employees in 13 countries that provide customers with a wide range of innovative and quality product solutions through its many businesses.

“This acquisition will add complementary, highly engineered products, and new manufacturing capabilities to TriMas Aerospace, expanding our offering and position in the aerospace, defense, and space launch end markets. We expect Weldmac’s customers to benefit from TriMas Aerospace’s broader product offering, added innovation, and manufacturing depth while TriMas Aerospace’s customers will enjoy additional product offerings and capabilities provided by Weldmac,” said Thomas Amato, TriMas President and Chief Executive Officer.

Michael Benson, Stout’s Managing Director who led the transaction, said, “We are excited about the partnership between Weldmac and TriMas as two key players in the aerospace and defense markets join forces. Weldmac brings a unique culture coupled with extensive expertise in complex metal fabrication to TriMas and will enhance the combined entity’s product offering, technical prowess, and customer reach.”

Stout’s Mark Abbott, Jack Kedroski, Irune Andres, and Jake Good also led the execution of the transaction.

Withers LLP served as legal counsel to Weldmac. Reed Smith LLP served as legal counsel to TriMas.

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