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06/2025

FORGITAL GROUP acquired by STONEPEAK

ITALY Aerospace, Naval & Defense / Aerostructures EV 1b - 4b EUR

Context

Stonepeak's acquisition of Forgital represents a strategic investment into a market-leading manufacturer of critical aerospace and industrial components. The transaction is underpinned by Forgital's established position as a trusted partner to premier aerospace OEMs and other industrial clients, a reputation built on its commitment to quality, innovation, and reliability. Stonepeak identified a significant growth opportunity within the company, driven by strong, durable long-term demand fundamentals in the commercial aerospace end market. The investment firm intends to leverage its deep expertise in mission-critical infrastructure and industrial growth platforms to support Forgital's next phase of expansion and accelerate its strategic agenda. A key element of this new chapter is the appointment of John Slattery, a seasoned aerospace executive formerly with GE Aerospace and Embraer, as Chairman of the Board. This move signals a clear intent to deepen Forgital's aerospace focus and leverage industry-leading expertise to guide its future growth. The partnership aims to enhance Forgital's capacity to innovate and expand its service offerings for customers in highly demanding, precision-engineered applications globally.

It is worth noting that the fund The Carlyle Group took control of Forgital Group through an LBO in 2019.

FORGITAL GROUP, which reported an EBITDA margin of LOGIN in 2024, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a level LOGIN the average currently observed in the Industry & Manufacturing sector (11.2x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

Founded in 1873, Forgital is a global leader in the production of large-sized forged and machined rings and components. It specializes in high-performance materials for demanding sectors, primarily aerospace (engine components for Tier 1 suppliers like GE, Rolls-Royce, Safran) as well as oil & gas, and power generation.

Ent. Value

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Equity Value

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Multiples

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

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2024
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2023
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Other operations with FORGITAL GROUP

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
DateAcquirerTargetCountrySectorDeal Context
05/2019THE CARLYLE GROUPFORGITAL GROUPITALYAerospace, Naval & Defense

The Carlyle Group signed a binding agreement to acquire 100% of Forgital from the family (83%) and Fondo Italiano d’Investimento (17%). The valuation reflects the group's critical position in the aerospace supply chain

REFERENCES

Valuation range: EV 1b - 4b EUR

Revenue range: 450M - 900M EUR

EBITDA range: 100M - 200M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of FORGITAL GROUP by STONEPEAK are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Acquirer: stonepeak