Mesirow Advises ATI on the Sale of ATI's East Hartford Operations to Barnes Aerospace
- East Hartford Operations is a leading supplier of flight-safety critical components and assemblies for the commercial and defense aerospace sectors.
- Mesirow acted as the exclusive financial advisor on this corporate divestiture transaction, highlighting the firm's continued success in the aerospace & defense sector.
CHICAGO, Aug. 13, 2025 /PRNewswire/ -- Mesirow, an independent, employee-owned financial services firm, today announced it acted as the exclusive financial advisor to ATI (NYSE:ATI) on the sale of its East Hartford Operations ("EHO") to Barnes Aerospace.
ATI is a global producer of high performance materials and solutions for the aerospace and defense markets, and critical applications in electronics, medical and specialty energy. Located in East Hartford, CT, EHO specializes in the machining of flight-safety critical rotating hardware, including rotor hubs, rotorcraft components, and jet engine discs, serving both the commercial and defense aerospace sectors.
"It was an honor to represent ATI on this transaction, and we are thrilled to have reached a successful outcome. The Company has built a stellar reputation in the market by providing quality products and best-in-class customer service for over 75 years," said Adam Oakley, Senior Managing Director and Co-Head of Investment Banking at Mesirow.
The transaction marks another successful aerospace & defense corporate carve-out transaction completed by Mesirow Investment Banking. In recent years, the firm has completed more than 350 transactions across its verticals. With deep industry expertise, long-standing client relationships, and a commitment to delivering tailored solutions, Mesirow continues to build a proven track record of highly successful transactions.
About Mesirow
Mesirow is an independent, employee-owned financial services firm founded in 1937. Headquartered in Chicago, with offices around the world, we serve clients through a personal, custom approach to reaching financial goals and acting as a force for social good. With capabilities spanning Private Capital & Currency, Capital Markets & Investment Banking and Advisory Services, we invest in what matters: our clients, our communities and our culture.
Mesirow has been named one of the Best Places to Work in Chicago by Crain's Chicago Business multiple times and is one of Barron's Top 100 RIA firms. To learn more, visit mesirow.com, follow us on LinkedIn and subscribe to Spark, our quarterly newsletter.
About EHO
The EHO facility is a leading supplier of flight-safety critical components and assemblies with a 75+ year operating history. EHO has a core competence in flight-safety critical rotating hardware and specializes in machining (milling and turning) rotor hubs, rotorcraft components, and jet engine discs, among other critical aerospace and defense parts. EHO is located in East Hartford, CT.
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Nothing contained herein constitutes an offer to sell or a solicitation of an offer to buy an interest in any Mesirow investment vehicle(s). Mesirow Financial, Inc. is not affiliated with ATI East Hartford Operations, Barnes Aerospace, Apollo Global Management or their affiliates. Past performance is not indicative of future results. Mesirow refers to Mesirow Financial Holdings, Inc. and its divisions, subsidiaries and affiliates. The Mesirow name and logo are registered service marks of Mesirow Financial Holdings, Inc. © 2025. All rights reserved. Securities offered through Mesirow Financial, Inc. member FINRA, SIPC.
2022 Crain's Best Places to Work (Received August 2022 reflective of previous 12 months – Licensing fees paid post award for use of the ranking). Best Companies Group (BCG), an independent workplace excellence research firm, conducted a two-part survey. Part one, consisted of an employer questionnaire, used to collect information about benefits, policies, practices, and other general information. Part two was a confidential 77-question employee survey used to evaluate local employee's workplace experience and culture. Rankings and/or recognition by unaffiliated rating services and/or publications are not indicative of a firm's future performance nor do they evaluate the quality of services provided to clients or guarantee that he/she will experience a certain level of results if Mesirow is engaged, or continues to be engaged, to provide investment advisory services, nor should they be construed as a current or past endorsement of Mesirow by any of its clients.
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