Configure Partners, a middle-market investment bank, acted as exclusive advisor to Stellex Capital Management in securing committed debt capital to support the recapitalization of A. Stucki Company, a supplier of highly engineered parts and services for railroad rolling stock. Configure supported all aspects of the financing process including lender screening, approach to market, transaction structuring and negotiation of the financing-related documentation.
“The Stellex team is tremendously excited about the acquisition of Stucki. We believe Stucki is an exceptional business with over 100 years of history, deep relationships with its customers and a broad portfolio of parts and services. We look forward to partnering with Stucki’s management team and employees to invest in the company and strive to deliver its next chapter of growth. The Configure team was instrumental to the success of this transaction, working with various stakeholders to coordinate a complex recapitalization in the midst of shifting market conditions,” Michael Livanos, managing director at Stellex, said.
“We are proud to have supported our partners at Stellex in this transaction,” Joseph Weissglass, a managing director at Configure, said. “We know that management is now well-positioned to drive growth and improvement in the business alongside Stellex and Eldridge. The future is very bright for Stucki.”
