Dorsey Helps Carlisle Take On Aerospace Co. For $285M

Law360, New York (November 14, 2011, 3:39 PM EST) -- Carlisle Cos. Inc. is buying aerospace machine component maker Tri-Star Electronics Inc. from private equity firm Brockway Moran & Partners Inc. for $285 million in a bid to beef up its aerospace- and industrial-sector profits, the manufacturing conglomerate said Monday.

Charlotte, N.C.-based Carlisle said that Tri-Star's $95 million in annual sales would boosts its ability to turn profits and that the target company fits within its acquisitions strategy.

"We remain focused on adding higher-margin, highly engineered products, and from this perspective, Tri-Star is an excellent fit,"...
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