Stellex completes acquisition of David Brown Santasalo
Torys acted as Canadian counsel to Stellex with a team that included Michael Amm and Paulina Taneva (corporate/M&A), Jacob Weinstock (financing) and Pat Denroche (employment).
On March 8, 2023, Stellex Capital Management LLC (“Stellex”) announced the acquisition of global gear systems specialist, David Brown Santasalo (“DBS”), from private equity firm, N4 Partners.
Financial terms of the transaction were not disclosed.
Further information can be found on Business Wire’s website.
David Brown Santasalo is one of the world’s leading mechanical power transmission companies. It supports critical industries including mining, rail, defence and process industry customers with gearbox design, manufacturing, service and repair for heavy-duty industrial applications.
Stellex is a global, multi sector investment firm with offices in New York, Detroit, Pittsburgh, and London with over US$2.6 billion in assets under management.