Stonepeak Completes Acquisition of Forgital
Deal News | Jun 30, 2025 | Stonepeak
Stonepeak, an investment firm specializing in infrastructure and real assets, has announced the completion of its acquisition of Forgital Group, known for its components in aerospace and industrial markets. The acquisition highlights Stonepeak's focus on durable growth sectors. John Slattery, with an extensive background in aerospace and leadership, takes the helm as Chairman, offering focused leadership at Forgital. Stonepeak's Conor Sutherland emphasized the value Forgital brings, while Meddah Hadjar, CEO of Forgital, conveyed optimism for strategic growth. Stonepeak aims to enhance Forgital's market position, capitalizing on strong aerospace demand.
Sectors
- Aerospace & Defense
- Manufacturing & Industrial
- Private Equity
Geography
- United States – The headquarters of Stonepeak is in New York, U.S.A., indicating geographical relevance.
- Italy – Forgital is based in Velo d'Astico, Italy, making this a relevant geographic classification for the target company.
Industry
- Aerospace & Defense – Forgital's primary operations are in the manufacturing of critical aerospace components, making this industry classification relevant.
- Manufacturing & Industrial – Forgital's operations in forging machine components for various sectors classify it within the broader manufacturing industry.
- Private Equity – Stonepeak is a private equity firm engaged in acquiring Forgital, indicating the involvement of the private equity sector.
Financials
- $73 billion – The total assets under management by Stonepeak, indicating financial capacity but not the specific deal size.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Stonepeak | Acquirer | Company | Stonepeak is a leading alternative investment firm specializing in infrastructure and real assets. |
| Forgital Group | Target Company | Company | Forgital is a manufacturer of advanced forged and machine-finished components for aerospace and industrial markets. |
| John Slattery | Chairman of the Board | Person | Former President & CEO of GE Aviation, now Chairman at Forgital. |
| Conor Sutherland | Managing Director at Stonepeak | Person | Involved in the strategic acquisition of Forgital. |
| Meddah Hadjar | CEO of Forgital Group | Person | CEO with a vision aligned towards strategic growth with Stonepeak. |