Acquisition History / Bill Balliette (Novastone Operator-Led Buyout Program) / Alumistar
Bill Balliette (Novastone Operator-Led Buyout Program) Acquires Alumistar
Announced August 14, 2026 — $12M
What happened
Bill Balliette acquired Alumistar, an Ontario, California-based aluminum casting manufacturer (parent of Pacific Cast Products and Performance Aluminum Products) with about 45 employees, $7M revenue and $2.7M adjusted EBITDA, for an enterprise value of roughly $12M.
- Target
- Alumistar
- Announced
- August 14, 2026
- Price
- $12M
- Industry
- Aluminum alloy casting manufacturing
- Buyer type
- Independent sponsor
- Fund vehicle
- Novastone Operator-Led Buyout Program
- Backing investors
- Novastone, Avid Bank (debt)
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Bill Balliette (Novastone Operator-Led Buyout Program) acquire Alumistar?
Bill Balliette (Novastone Operator-Led Buyout Program) acquired Alumistar on August 14, 2026. This was Bill Balliette (Novastone Operator-Led Buyout Program)'s 1st publicly tracked acquisition out of 1 we have on record.
How much did Bill Balliette (Novastone Operator-Led Buyout Program) pay for Alumistar?
Bill Balliette (Novastone Operator-Led Buyout Program) paid $12M for Alumistar.
What does Alumistar do?
Bill Balliette acquired Alumistar, an Ontario, California-based aluminum casting manufacturer (parent of Pacific Cast Products and Performance Aluminum Products) with about 45 employees, $7M revenue and $2.7M adjusted EBITDA, for an enterprise value of roughly $12M.
What other Aluminum alloy casting manufacturing companies has Bill Balliette (Novastone Operator-Led Buyout Program) acquired?
Alumistar is Bill Balliette (Novastone Operator-Led Buyout Program)'s only publicly tracked acquisition in Aluminum alloy casting manufacturing so far.