Pegasus Manufacturing, Inc. ("Pegasus"), headquartered in Middletown, CT, was acquired by Leggett & Platt Incorporated ("L&P"), headquartered in Carthage, Missouri. Carter Morse & Mathias served as Leggett & Platt's exclusive financial advisor for the transaction. Terms of the transaction were not disclosed. Pegasus, founded in 1989, is a second generation family-owned aerospace manufacturing company considered a world leader in fabricated tubes and pipe assemblies, precision manufacturing and gears. Pegasus parts are found on a variety of commercial and military aircraft engines as well as land-based turbines.
