Press Release

Mesirow Advises Mezzo Technologies on its Sale to Signia Aerospace, a Portfolio Company of Arcline Investment Management

•    Mezzo Technologies designs and manufactures custom, high-performance advanced thermal solutions and microtube heat exchanger products for the military, aerospace and defense, automotive racing and energy markets, among others 
•    Successful transaction highlights Mesirow’s expertise in the aerospace and defense market

CHICAGO, July 21, 2022 – Mesirow, an independent, employee-owned financial services firm, has announced it acted as the exclusive financial advisor to Mezzo Technologies (“Mezzo” or “The Company”), a designer and manufacturer of advanced thermal solutions and microtube heat exchanger products, to Signia Aerospace (“Signia”), a portfolio company of Arcline Investment Management (“Arcline”), a growth-oriented private equity firm.  Based in Baton Rouge, LA, Mezzo boasts a state-of-the-art facility where the Company produces high-performance microtube heat exchangers for a wide array of mission-critical thermal management applications.

Andrew Carolus, Managing Director of Mesirow Investment Banking, said, “We were honored to work with the Mezzo Technologies team and advise them on this exciting transaction, as they continue to grow and further commercialize their high-performance heat exchanger and thermal product and technology offering.”

“Mesirow provided exemplary guidance throughout this process, demonstrating the value of Mezzo’s high-performance products while underscoring significant growth potential driven by the Company’s heritage of research and development into applications that require the highest level of performance,” said Kevin Kelly, CEO of Mezzo Technologies. “The team employed their deep knowledge of the aerospace and defense sector and industry relationships to facilitate this ideal partnership for the Company.”

The sale of Mezzo Technologies to Signia Aerospace represents another successful assignment completed by Mesirow Investment Banking and highlights the firm’s expertise within the aerospace and defense sectors. Committed to leveraging extensive sector-specific expertise across industry groups and nurturing deep long-standing relationships, Mesirow has a proven track record of completing highly tailored and successful transactions on behalf of clients.

About Mesirow 

Mesirow is an independent, employee-owned financial services firm founded in 1937. Headquartered in Chicago, with offices around the world, we serve clients through a personal, custom approach to reaching financial goals and acting as a force for social good. With capabilities spanning Global Investment Management, Capital Markets & Investment Banking, and Advisory Services, we invest in what matters: our clients, our communities, and our culture. To learn more, visit and follow us on LinkedIn.

Mesirow was recently named one of the Best Places to Work in Chicago by Crain’s Chicago Business and one of the Top 100 RIA firms by Barron’s.

About Signia Aerospace

Signia Aerospace is a global, integrated provider of high-performance systems and specialized components for the aerospace industry. Learn more at

About Arcline Investment Management

Arcline is a growth-oriented private equity firm with $4.4 billion in cumulative capital commitments. Arcline seeks to invest in technology-driven, meaningful to the world industrial businesses that enable a better future. For more information visit

Nothing contained herein constitutes an offer to sell or a solicitation of an offer to buy an interest in any Mesirow investment vehicle(s). Mesirow Financial, Inc. is not affiliated with Safran Ventilation Systems Oklahoma, Inc., Safran S.A.International Mezzo Technologies, Inc., Signia Aerospace, Arcline Investment Management,¬¬ or their affiliates. Past performance is not indicative of future results. Mesirow refers to Mesirow Financial Holdings, Inc., and its divisions, subsidiaries, and affiliates. The Mesirow name and logo are registered service marks of Mesirow Financial Holdings, Inc. © 20212022. All rights reserved. Securities offered through Mesirow Financial, Inc. member FINRA, SIPC.

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