Stony Point Group

BM&T was engaged by Stony Point Group, a US-based investment firm with aerospace holdings trading under the name TECT, during its search for strategic acquisition opportunities in Europe. Led by CEO Bernie Stanek, Stony Point sought to expand its precision engineering and aerospace capabilities through UK and European targets, specifically those aligned with mission-critical manufacturing in landing gear and structural aerospace components.

Post-Brexit, the firm faced uncertainty in market sentiment, valuation misalignment and geopolitical complexity, challenges which reduced the relative attractiveness of UK acquisitions and increased the need for reliable, independent, on-the-ground insight and commercial negotiation support.

BM&T worked alongside Stony Point’s US leadership team to identify and assess high-potential aerospace manufacturing targets, offering both strategic and situational intelligence. Two notable mandates included:

• Mettis Aerospace (Redditch):
  • BM&T supported Stony Point through two separate negotiation cycles, five years apart.
  • The first round reached offer stage, but valuation expectations from the private equity owners proved unworkable.
  • A second approach during a period of operational strain reaffirmed our concerns around pricing discipline, despite the strategic fit and potential for post-deal value creation.
  • Had the transaction progressed, BM&T’s principal would have stepped in as Chairman to oversee post-acquisition transition and value unlock.
• ACE (Consett):
  • BM&T advised Stony Point through early diligence of a business manufacturing Airbus A380 wing spares.
  • Our review raised flags about the long-term viability of the A380 programme.
  • On that basis, Stony Point declined to proceed. The asset was later sold to another UK investor, but ultimately entered administration in 2020 as the A380 programme was retired.

Throughout both processes, BM&T provided deal analysis, valuation discipline, market context and post-deal operating scenario planning. We also supported relationship-building across European stakeholders and owner-managers, navigating cross-border cultural and commercial nuance.

• BM&T’s independent judgement and sector experience protected Stony Point from overpaying in inflated or declining market conditions.
• Strategic restraint and hands-on guidance prevented acquisition missteps that later proved costly to others.
• Our work reinforced Stony Point’s confidence in BM&T as a trusted European advisor, capable of combining operational insight with cross-border transaction support.
• Though neither target ultimately progressed to acquisition, the engagements underscored the importance of timing, valuation discipline and strategic patience, principles that continue to define BM&T’s approach.