Monomoy Capital Partners Acquires Astro Shapes LLC
Founded in 1971 and headquartered in Struthers, Ohio, Astro Shapes LLC (Astro Shapes or the Company) is a leading manufacturer of custom-finished aluminum extrusions in the Midwest and Northeast United States. The Company creates value-added extrusions in over 14,000 unique shapes and sizes and in mill, painted, thermal, anodized and other finishes for recreational vehicles, residential windows and doors, commercial building products, medical applications, and capital equipment. Astro Shapes operates out of three neighboring facilities in Struthers, Ohio and has approximately 700 employees.
Monomoy acquired Astro Shapes through its third private equity vehicle, Monomoy Capital Partners III, L.P. The purchase of Astro Shapes marks Monomoy’s fourth acquisition of 2020. We are excited to partner with Astro Shapes and to begin executing on our value creation plan targeted at cash flow and EBITDA growth.
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Monomoy Capital Partners is a private investment firm with $1.7 billion in committed capital across a family of four investment funds. We invest in the debt and equity of middle market businesses that can benefit from operational and financial improvement with a focus on manufacturing, distribution and consumer product businesses in North America and Europe.