Calfee Client Align Capital Partners and Portfolio Company StenTech Announce Acquisition of Advanced Metal Etching, Inc.

Calfee congratulates its client, Align Capital Partners (ACP) and their portfolio company StenTech, a leading provider of surface mount technology solutions, on their announcement of the acquisition of Advanced Metal Etching, Inc. (AME). This acquisition represents a significant milestone in StenTech's growth strategy with the expansion of its Parts Division into a broader array of high-value industries such as aerospace, medical, automotive, military, energy and industrial manufacturing. 

Based in Indiana, AME brings more than 30 years of expertise and two state-of-the-art facilities along with its proprietary Hybrid Etch-Laser Process™ (H.E.L.P.), "a breakthrough technology that combines etching and laser cutting to produce highly complex components requiring multiple precision processes." The acquisition of AME will enable StenTech to deliver intricate geometries, tight tolerances, and scalable production capabilities across a wider spectrum of applications made in the USA using domestic and global materials.

Align Capital Partners (ACP) is a growth-oriented private equity firm that partners with business owners and management teams to create shared success. ACP manages $1.8 billion in committed capital with investment teams in Cleveland, Ohio, and Dallas, Texas.

The acquisition represents the fourth add-on and marks another step forward in StenTech's strategic growth trajectory following ACP's acquisition of the company in 2022. With U.S. headquarters in Dallas, Texas, StenTech has 14 locations in the U.S. as well as four facilities in Mexico and one in Canada.

Calfee serves as legal counsel to Align Capital Partners and StenTech for this transaction. Calfee's legal team was led by Corporate and Finance Partner Adam Pretty and includes Partners Salvatore J. (Sam) Totino and Ann Z. Seger and Attorneys Hunter D. Poindexter and Andrew (Drew) Griesser.

Read the full release here. 

With 45+ dedicated attorneys, the Corporate and Finance practice group at Calfee, Halter & Griswold LLP is one of the largest and most prolific in Ohio, handling a significant number of complex and sophisticated business and financial transactions for clients across the country and globally. 

Calfee has a sophisticated and robust Mergers and Acquisitions, Divestitures, and Sales practice, annually consummating 60-75 M&A transactions, led by an active private equity client base and a large roster of public and significant privately held corporate clients. These financial and strategic buyers, coupled with our deep investment banking representations and relationships, drive a thriving and diverse M&A practice at Calfee. 

Calfee's Private Equity team – comprised of more than 30 corporate, securities, tax, and employee benefits attorneys – is dedicated to getting the deal done while remaining responsive, creative, and efficient in negotiating and closing transactions for clients.