October 6, 2026
On October 2, 2026, Independent Forgings and Alloys (IFA), a leading manufacturer of open and closed-die forged components for the aerospace, defence and broader industrial sectors, has completed a senior and junior debt financing from Wells Fargo in conjunction with another party.
Kroll's Investment Banking team provided debt advisory services whilst Kroll's Transaction Advisory Services team provided financial due diligence services in connection with the transaction.
Operating from a 670,000 sq.ft. facility in Sheffield, IFA has a heritage stretching back to 1587. Now exporting to Europe, Asia and North America, management has created a fully integrated, single-site forging, machining and testing business, providing customers with mission critical components for applications within aerospace, defence and power generation. The Company manufactures high-integrity open and closed-die forged components for OEMs and Tier-1 suppliers using materials such as titanium, nickel alloy, stainless steel and carbon alloys.
Wells Fargo & Company (NYSE: WFC) is a leading global financial services company with approximately $2.2 trillion in assets. Founded in 1852, the firm provides a broad range of banking, lending, capital markets, treasury management, and wealth management solutions to consumers, businesses, and institutional clients. Wells Fargo operates across 22 countries and serves millions of customers worldwide through its extensive branch, ATM, and digital banking network.
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