Business NewsMarketWire • Omninet Capital Announces the Sale of STADCO to Corinthian Capital Group

Omninet Capital Announces the Sale of STADCO to Corinthian Capital Group

Omninet Capital Announces the Sale of STADCO to Corinthian Capital Group

BEVERLY HILLS, CA--(Marketwire - July 6, 2010) -  Omninet Capital, LLC, a privately held investment firm, is pleased to announce the sale of STADCO to Corinthian Capital Group, LLC, a New York-based private equity firm specializing in investments in small and middle market companies. STADCO, headquartered in Los Angeles, CA, is a leading designer and manufacturer of components and tooling for the commercial aerospace and defense markets. Leveraging an integrated set of capabilities, an industry-leading electron beam welding process, as well as the ability to execute large and complex jobs, STADCO has developed an outstanding reputation among a wide range of commercial aerospace and military customers for producing cost-efficient, precision engineered solutions for tooling, assemblies and components.

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Omninet Capital Announces the Sale of STADCO to Corinthian Capital Group