Configure Partners announced its role as exclusive advisor to Stellex Capital Management LLC (“Stellex”) in securing committed debt capital to support the recapitalization of A. Stucki Company, a leading 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,” said Michael Livanos, Managing Director at Stellex.
Joseph Weissglass, a Managing Director at Configure, commented, “We are proud to have supported our partners at Stellex in this transaction. 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.”