ETI Acquires Aerospace and Department of Defense Provider Starwin Industries, Inc.

PR Newswire

ENGLEWOOD, Ohio, Oct. 12, 2018

ENGLEWOOD, Ohio, Oct. 12, 2018 /PRNewswire/ — ETI Mission Controls LLC, a Simon Group Holdings (SGH) company, has completed its acquisition of Starwin Industries, Inc., of Kettering, Ohio, announced CEO Bill McLendon today.

Founded in 1978, Starwin is a leading provider of more than 250 components and assemblies for military aircraft, naval vessels and support equipment for the aerospace and defense industries. With broad engineering and manufacturing capabilities for both composite and metal components, Starwin will become a sister company to ETI Tech LLC, a long-standing supplier to the fixed and rotary wing military aircraft industry.

Rick Little, a long-time executive of Starwin and a prominent figure in the Dayton, Ohio manufacturing community, will remain the President of that entity. “We’re excited to become part of the ETI organization. Our common cultures and commitment to innovation, high quality, and customer satisfaction make for a perfect partnership!” Little said.

According to McLendon, “Starwin is an outstanding addition to the ETI family. Its capabilities are highly complementary to those of ETI Tech. We will now be much stronger at providing greater value to our customers and broader opportunity to our employees.” Both Starwin and ETI Tech are based in the Dayton, Ohio area.

Sam Simon, chairman of Simon Group Holdings, commented, “I’m extremely pleased to add Starwin to our aerospace and defense group. Starwin is a respected, high quality company, and a perfect fit for the ETI platform as it continues to grow.”

ETI Mission Controls, a defense aerospace platform, was formed in 2017 by Soaring Pine Capital (a Simon Group Holdings entity), Wells Fargo, Comerica Bank and ETI executives Bill McLendon and Jeff Hartman.

Learn more about Starwin Industries, ETI Tech, Bill McLendon and Sam Simon.

About Simon Group Holdings
Simon Group Holdings (SGH) was established in 1985 with the founding of Atlas Oil Company by Sam Simon. SGH has over 120 companies and direct investments, 3,000 customers and over 1,000 team members. Its growth is fueled through digital disruption and by investing in operationally experienced entrepreneurs who have a vision and hunger to reinvent their respective industries. SGH has interests in comprehensive energy solutions; fuel supply; oil field services; logistics and transportation; real estate; private equity; technology services; aerospace and defense; and turnkey modular solutions. www.simongroupholdings.com