Essex Industries Acquires Stevens Manufacturing
February 16, 2021
Essex Industries has acquired Stevens Manufacturing, a Milford, Connecticut-based precision machining firm that supplies OEM parts and sub-assemblies to the aerospace and defense rotorcraft market. The deal (effective February 16, 2021) expands Essex's aerospace and defense product portfolio and improves service coverage for customers in the Northeast; Stevens operates a single 62,000 sq. ft. facility with 54 employees and had been a J.H. Whitney Capital Partners portfolio company since 2014.
- Buyers
- Essex Industries
- Targets
- Stevens Manufacturing
- Sellers
- J.H. Whitney Capital Partners LLC
- Industry
- Aerospace & Defense
- Location
- Connecticut, United States
- Transaction Type
- Buyout
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