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Stock impact report

Ronin Completes GP-Led Minority Secondary for AeriTek Global, one of the Leading Manufacturers & Distributors of Refrigerated Display Cases in the Americas

Standex International Corporation (SXI) 
Last standex international corporation earnings: 2/3 04:13 pm Check Earnings Report
US:NYSE Investor Relations: ir.standex.com
Company Research Source: Business Wire
AeriTek acquired North American refrigerated display case company Due North from Ronin in September. This is the second part of a two-stage deal that enhances time-weighted returns for Ronin’s Due North investors while offering a new investment opportunity in an expanded AeriTek. NEW YORK--(BUSINESS WIRE)--New York-based investment firm, Ronin Equity Partners, announces the completion of its General Partner-led secondary acquisition of a minority stake in AeriTek Global, priced at $3.11 per share. AeriTek is one of the leading manufacturers and distributors of refrigerated display cases in North and South America. AeriTek is majority owned by Mill Point Capital, a New York-based private equity firm focused on control investments in lower-middle market companies across business services, industrials and information technology services sectors.Kennesaw, Georgia-based AeriTek was formed in 2024 from Mill Point’s corporate carve-out of well-known refrigerated display brands Imbera and Show less Read more
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