The shareholders of Enginetics retained BlackArch Partners to run a very tailored marketing process geared exclusively toward strategic buyers. Marketing materials emphasized the Company’s strong investment in new product innovation and sole-source positioning on many of the most prolific next-generation commercial aircraft engines, including GE Aviation’s LEAPx and GEnx, and Pratt & Whitney’s geared turbofan platforms.
BlackArch’s marketing process was highly tailored, focusing on a number of relevant strategic buyers with strong synergistic potential. Marketing materials emphasized management’s significant investment in the infrastructure to support new product introduction.
The targeted marketing process generated strong interest from strategic buyers. Enginetics was sold to Standex International Corporation (NYSE: SXI).