Advanced Structural Alloys (ASA), which manufactures race wheels for various applications and markets, off-road wheels for different race classes, and other products among its portfolio, has been sold to a group of private investors in a management buyout led by ASA Chief Executive Officer Rob Melsness.

Based in Oxnard, California, ASA is a fully integrated, high-end contract maker of rotary forged and spun aluminum products for the automotive aftermarket, military vehicle, aerospace and natural gas container markets.

Western Reserve Partners LLC served as the exclusive financial advisor to ASA. The transaction was led by Director Matt Mueller, Western Reserve’s Automotive Industry practice leader, who was supported by Analyst Brandon Carnovale.

“Advanced Structural Alloys is an amazing company. It combines strong product development with sophisticated manufacturing processes and a talented team of employees to design and deliver world-class products to its customers. Many innovations in the end markets the company serves have been as a direct result of ASA’s unparalleled capabilities,” said Mueller. “It was a pleasure working with ASA, Crosse Partners and HCAP Partners on this transaction, and I look forward to watching the company’s future growth and success under Rob Melsness and his investor group.”  

For more information on ASA, visit www.advancedstructuralalloys.com.