Firstmark on its cash merger with H-D Advanced Manufacturing
Firstmark Corp, a Maine corporation headquartered in Richmond, Virginia has been acquired by H-D Advanced Manufacturing, a Delaware Corporation headquartered in Pittsburgh Pennsylvania for $84m in cash. Steen Associates acted as financial adviser to Firstmark and conducted the sales process. Steen Associates also provided the Fairness Opinion to the Special committee of the Board. Firstmark designs, manufactures and repairs precision electronic, electromechanical and mechanical components and systems for the aerospace and defense industries, as well as aircraft safety restraints and leading edge inflatables technology safety products for military, commercial and civil aircraft.