M&A Annual Review 2025

Stellex Morrison Foerster advised New York-based private equity firm Stellex Capital Management in connection with its acquisition of Crest Ultrasonics. Crest is a global industrial technology manufacturer with operations in the U.S., Europe, and Asia. This strategic partnership is poised to support Crest’s growth in its next chapter, enabling Stellex to execute its operational value creation strategy. Today’s market environment increasingly rewards companies that deliver innovative, technology-driven solutions, with advanced engineering capabilities serving as a key differentiator for customers requiring bespoke and complex equipment.” Ray Whiteman, Co-founder and Managing Partner of Stellex 32 Morrison Foerster

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