Stellex Capital Management completed the acquisition of Crest Ultrasonics.

Stellex Capital Management, a private equity firm, completed the acquisition of Crest Ultrasonics, an industrial technology manufacturer. Financial terms were not disclosed. “Crest's strategic footprint across major economic regions enables the Company to deliver comprehensive service and support to customers worldwide. This investment reflects our belief in Crest’s ability to scale globally. We are excited to partner with Crest’s talented team and support the Company in its next phase of growth,” Jordan Mondshine, Stellex Vice President.