Company Description
Stellar Industries (“Stellar”) is a 100% employee-owned and operated manufacturer of high-quality work trucks and trailers, as well as service truck and van accessories. Through an innovative, growing product line and an expanding distribution network, Stellar has gained an international presence and become the No. 1 productivity choice in many markets.
Services Provided
Stellar Industries was advised by MelCap as exclusive financial advisor and investment banker in connection with the acquisition of Midwest Fire.
MelCap supported Stellar Industries with buy-side M&A advisory services, particularly in the evaluation of the Target company, valuation considerations, transaction negotiations, and execution of the acquisition.
The Result
The acquisition expands Stellar’s purpose-built work truck portfolio into the fire and emergency response market, adding Midwest Fire’s nearly four decades of specialized apparatus experience to Stellar’s manufacturing capabilities. The companies share a commitment to customer-focused design, product quality, exceptional service, and American manufacturing.
Headquartered in the American heartland, both Stellar and Midwest Fire proudly manufacture their products in the United States. Midwest Fire also shares Stellar’s commitment to best-in-class manufacturing, customer service, and delivering products that make a global impact.
Deal Team
We would also like to thank the external deal teams whose tireless efforts were essential to completing this transaction. More specifically, we’d like to thank The Larson Firm, BrownWinick, and Forvis Mazars.
“The acquisition of Midwest Fire represents an important strategic milestone for Stellar. MelCap served as a trusted advisor throughout the process, providing transaction guidance, thoughtful insights, and strong execution support. Their partnership helped position us for a successful outcome and future growth.”
