January 18, 2017 8:51 PM ET

Metals and Mining

Company Overview of Spara LLC

Company Overview

Spara LLC, through its subsidiaries, engages in the design, manufacture, and supply of components for aerospace, energy, military/defense, commercial, mining, agriculture, oil and gas, and transportation industries worldwide. The company offers closed die forgings, precision forged aluminum aerospace components, and precision and full service machining. It also provides fabrication and assembly products, such as laminated padlocks, progressive carbide stamping dies, metal components and assemblies, security and combat wheeled vehicle solutions, and towing systems for automotive, heavy-truck, and multimarket industries. In addition, the company offers precision machined and assembled power tr...

2250 Thunderstick Drive

Suite 1203

Lexington, KY 40505

United States

Phone:

859-568-1800

Key Executives for Spara LLC

Chief Executive officer and President
Managing Director of Acquisitions and Financing
General Counsel
Compensation as of Fiscal Year 2016.

Spara LLC Key Developments

Joint Reorganization Plan Approved for Revstone Industries, LLC

The US Bankruptcy Court approved the joint plan of reorganization of Revstone Industries, LLC on March 23, 2015. The debtor had filed its joint plan in the Court on December 10, 2014. As per the amended plan, administrative expenses, United States trustee fees, tax claims, professional fee claims and priority non-tax claims shall be paid in full in cash. Non BFG general unsecured claims of Revstone shall receive a recovery of 7.2%, general unsecured claims of Spara receive a recovery of 4.1%, BFG general unsecured claims of Revstone shall receive no distribution under the plan. General unsecured claim of US Tool & Engineering, LLC and general unsecured claims of Greenwood shall receive no distribution under the plan. All the interests in the debtors shall be cancelled and will receive a contingent interest in the net distributable assets remaining, if any, after all allowed claims and administrative expenses have been paid or otherwise satisfied in full.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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