• STG Aerospace is a leading, global supplier of photoluminescent and electric aircraft cabin emergency exit and lighting systems that meet mandated safety requirements, achieve class-leading operational reliability and provide superior passenger experience 
• Mesirow acted as STG’s exclusive financial advisor, representing another successful outcome for Mesirow’s Aerospace and Defense group 

CHICAGO, August 29, 2022 – Mesirow, an independent, employee-owned financial services firm, has announced it acted as the exclusive financial advisor to STG Aerospace (“STG” or “The Company”), a leading, global supplier of photoluminescent and electric aircraft cabin emergency exit and lighting systems, to Heads Up Technologies (“Heads Up”), a leading manufacturer of lighting systems, cabin management systems, and flight deck safety products. Based in Cwmbran, UK and Miami, FL, STG in 2011 pioneered the LED mood lighting system, liTeMood®, and is today best known for its photoluminescent floor path marking system, saf-Tglo®.

Andrew Carolus, Managing Director of Mesirow Investment Banking, said, “We were honored to advise STG on this exciting transaction. The Company has developed an impressive suite of photoluminescent and electrical technologies, and we are pleased to have found a strong partner in Heads Up who will complement STG’s compelling intellectual property portfolio.”

The sale of STG Aerospace to Heads Up Technologies 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 mesirow.com 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 STG Aerospace
Established in the UK in 1995 with the vision of making flying safer and more cost-effective, STG Aerospace designed the first photoluminescent emergency guidance systems for aircraft, and in 2011 pioneered the LED mood lighting system, liTeMood®. Today the company is well known in the commercial aviation market for its high-performing photoluminescent floor path marking system, Saf-T-Glo®.