Forgital: Stonepeak's Strategic Acquisition Signals Growth in Aerospace and Industrial Sectors
Deal News | Dec 17, 2024 | Paul Hastings

Paul Hastings LLP has taken on the role of advising the lenders in the financing of Stonepeak's acquisition of the Forgital Group from Carlyle, two significant players in the investment world. Stonepeak, known for its focus on infrastructure and real assets, is acquiring Forgital, a top manufacturer of advanced forged and machine-finished components serving aerospace and industrial markets. The legal advisory team from Paul Hastings is led by partners Patrick Bright, Rob Davidson, and Mo Nurmohamed, supported by a team of associates. This transaction highlights a key moment in the M&A landscape, reflecting ongoing strategies for investment and growth in specialized high-technology sectors, aligning with the expertise of both Stonepeak and Carlyle in selecting and transforming portfolio companies to maximize value. Paul Hastings' role underscores their recognized prowess in handling large and complex financial transactions across varied industry sectors globally.
Sectors
- Investment Management
- Aerospace & Defense Manufacturing
- Legal Services
Geography
- United States – Paul Hastings and Stonepeak are based in the United States, indicating significant involvement in this geographic market.
- Global – Carlyle and Forgital have operations and influence that extend globally, affecting international markets.
Industry
- Investment Management – Stonepeak and Carlyle are both major players in the investment management industry, focusing on infrastructure and alternative assets.
- Aerospace & Defense Manufacturing – Forgital Group manufactures advanced forged components for the aerospace industry, placing it squarely in the Aerospace & Defense Manufacturing sector.
- Legal Services – Paul Hastings provides legal advisory services for the transaction, indicating the involvement of the legal services sector.
Financials
Participants
Name | Role | Type | Description |
---|---|---|---|
Paul Hastings LLP | Legal Advisor | Company | A leading law firm providing legal advisories on various transactions, including this acquisition. |
Stonepeak | Buyer | Company | An investment firm specializing in infrastructure and real assets. |
Forgital Group | Target | Company | A manufacturer of advanced forged and machine-finished components for aerospace and industrial sectors. |
Carlyle | Seller | Company | A global investment firm managing various portfolio companies, including Forgital before the sale. |
Patrick Bright | Partner | Person | Partner at Paul Hastings leading the advisory team. |
Rob Davidson | Partner | Person | Partner at Paul Hastings leading the advisory team. |
Mo Nurmohamed | Partner | Person | Partner at Paul Hastings leading the advisory team. |