Mesirow advises ATI on sale of East Hartford Operations to Barnes Aerospace.

Mesirow, an independent financial services firm, acted as the exclusive financial advisor to ATI on the sale of its East Hartford Operations to Barnes Aerospace. ATI is a global producer of high-performance materials and solutions for the aerospace and defense sectors, as well as other critical applications. The sale highlights Mesirow's expertise in the aerospace and defense sector.

Mesirow, an independent financial services firm, has acted as the exclusive financial advisor to ATI (NYSE:ATI) on the sale of its East Hartford Operations (EHO) to Barnes Aerospace. The transaction, announced on August 13, 2025, underscores Mesirow's expertise in the aerospace and defense sector [1].

ATI, a global producer of high-performance materials and solutions for the aerospace and defense markets, as well as other critical applications, has sold its EHO facility to Barnes Aerospace. EHO, located in East Hartford, Connecticut, specializes in the machining of flight-safety critical rotating hardware, including rotor hubs, rotorcraft components, and jet engine discs. The facility has a 75+ year operating history and is known for its quality products and best-in-class customer service [2].

Mesirow's involvement in this transaction highlights its success in the aerospace and defense sector. The firm has completed over 350 transactions across its verticals, with deep industry expertise and a commitment to delivering tailored solutions [1]. The sale of EHO to Barnes Aerospace is part of ATI's ongoing portfolio optimization strategy, aiming to concentrate resources on its primary materials production capabilities while potentially unlocking capital for future growth investments [2].

The financial terms of the transaction were not disclosed, but the completion of the sale suggests that the valuation met ATI's requirements. For investors, this divestiture signals ATI's disciplined approach to capital allocation and business focus. By streamlining its portfolio, ATI can now direct more attention and resources toward its core competencies in high-performance materials for aerospace, defense, electronics, medical, and specialty energy applications [2].

References:
[1] https://www.prnewswire.com/news-releases/mesirow-advises-ati-on-the-sale-of-ati-s-east-hartford-operations-to-barnes-aerospace-302529093.html
[2] https://www.stocktitan.net/news/ATI/mesirow-advises-ati-on-the-sale-of-ati-s-east-hartford-operations-to-o5oay26kcp4u.html