Transaction Overview
- Represented Stride Tool Inc. (“Stride”) in a sale of certain assets to Capitala Investment Advisors (“Capitala”) and 4C Capital (“4C”).
- Stride designs and manufactures a variety of specialty tool products primarily for HVACR, industrial, aviation, and automotive applications.
- 4C provides post-acquisition capital access, strategic planning, industry expertise and growth opportunity services.
Key Observations
- Stride decided to bring certain assets to market in order to focus on other strategic objectives.