Astro Shapes Completes Acquisition of Star Extruded Shapes
Deal News | May 01, 2025 | Wynnchurch Capital
Astro Shapes, a portfolio company of Wynnchurch Capital, has announced its acquisition of Star Extruded Shapes and Star Fab. Star, established in 1983 and based in Canfield, Ohio, is known for its aluminum extrusions and additional capabilities in fabrication and powder coating, catering to diverse markets. Astro Shapes, founded in 1971, is a prominent manufacturer in the midwestern and northeastern U.S., focusing on custom aluminum extrusions. The acquisition aims to leverage Star's industry expertise and manufacturing capabilities, enhancing Astro Shapes's customer solutions. KeyBanc Capital Markets served as the financial advisor with Paul Hastings LLP as the legal advisor to Astro Shapes. Wynnchurch Capital, based in Rosemont, Illinois, is a notable middle-market private equity firm with a significant investment portfolio. This acquisition aligns with Wynnchurch's strategy of investing in middle-market firms with growth potential.
Sectors
- Manufacturing
- Private Equity
Geography
- United States – Both Astro Shapes and Star Extruded Shapes are based in Ohio, USA, while Wynnchurch Capital is located in Illinois, reflecting the Midwestern U.S. business environment.
Industry
- Manufacturing – Astro Shapes and Star Extruded Shapes are primarily involved in the manufacturing of aluminum extrusions, a significant sector in industrial production.
- Private Equity – Wynnchurch Capital, a private equity firm, facilitated the acquisition, reflecting activities within the private equity industry.
Financials
- $8.6 billion – The amount of regulatory assets under management by Wynnchurch Capital.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Astro Shapes, LLC | Acquirer | Company | A leading manufacturer of custom aluminum extrusions, based in Struthers, Ohio. |
| Star Extruded Shapes, LLC and Star Fab, LLC | Acquired | Company | Manufacturers of aluminum extrusions with additional fabrication and powder coating capabilities, based in Canfield, Ohio. |
| Wynnchurch Capital, L.P. | Parent Company | Company | A middle-market private equity firm based in Rosemont, Illinois, managing funds with substantial assets. |
| KeyBanc Capital Markets | Financial Advisor | Company | Provided financial advisory services to Astro Shapes for this acquisition. |
| Paul Hastings LLP | Legal Advisor | Company | Served as the legal advisor to Astro Shapes during the acquisition. |