Tri-Star Electronics

Invested

August 2005

Realized Investment

Tri-Star Electronics International, Inc. is a leading interconnect component manufacturer primarily serving the worldwide aerospace and defense markets. Its products are used on virtually every aircraft platform worldwide. The company maintains relationships with leading manufacturers such as Boeing, Airbus, Labinal, Rockwell Collins, and Teledyne. Tri-Star offers a complete range of in-house manufacturing capabilities from its headquarters in El Segundo, CA and a facility in Switzerland, including engineering and design, material requirements planning, fabrication, assembly, and testing.

Caltius Mezzanine’s subordinated debt investment was part of a recapitalization to facilitate Tri-Star’s spin-out from Aviation Technologies. Both Aviation Technologies and Tri-Star are controlled by Odyssey Investment Partners, a leading private equity firm with extensive experience in the aerospace industry. GE Commercial Finance provided the senior financing for the transaction.

El Segundo, California


“We are pleased to have Caltius Mezzanine as our financial partner. Caltius worked quickly to get up to speed on the dynamics of the aerospace industry, and they were very responsive to our needs throughout the investment process.”

Terry Jarnigan, CEO, Tri-Star Electronics International

www.carlisleit.com/Tri-Star