Industrial Manufacturing

ClientClient DescriptionTarget DescriptionTransaction
Actron
Brook Park, OH
Manufactures automotive diagnostic and test equipment. Type: M&A, Sale
Details: Sold to SPX (Charlotte, NC)
American Architectural Products
Boardman, OH
Produces aluminum, vinyl, and wood-clad windows, steel security screen doors, entry doors, and related products. Produces windows and related productsType: M&A, Acquisition
Details: Acquired Eagle Window & Door, Inc. (Dubuque, IA)
American Architectural Products
Boardman, OH
Produces aluminum, vinyl, and wood-clad windows, steel security screen doors, entry doors, and related products. Produces windows and related productsType: M&A, Acquisition
Details: Acquired Louisiana Pacific Windows (OH)
American Architectural Products
Boardman, OH
Produces aluminum, vinyl, and wood-clad windows, steel security screen doors, entry doors, and related products. Produces doors and related productsType: M&A, Acquisition
Details: Acquired Taylor Door (West Branch, MI)
American Gas Group
Toledo, OH
Distributes specialty, rare, and industrial gas products globally.Type: M&A, Sale
Details: Sold to Praxair (Danbury, CT)
Antex of Rochester
Rochester, NY
Manufactures automotive components.Type: M&A, Sale
Details: Sold to Jasco International (Rochester, NY)
Argo-Tech
Cleveland, OH
Manufactures main engine fuel pumps and commercial and military airframe fuel pump and control products.
Type: M&A, Sale
Details: Sold to Eaton (Cleveland, OH)
Argo-Tech
Cleveland, OH
Manufactures main engine fuel pumps and commercial and military airframe fuel pump and control products.Type: M&A Sale
Details: Sold to Greenbriar and Vestar (New York, NY)
Arrowhead Industries
Cleveland, OH
Markets and distributes automotive trunk tools and trim.Type: M&A, Acquisition
Details: Joint venture with HÜHOCO (Wuppertal, Germany)
ArvinMeritor
Troy, MI

Columbus Stampings Division
Columbus, IN
Manufactures metal stampings and sheet metal.Type: M&A, Sale
Details: Sold to Viking Industries (Cleveland, OH)
ASC Signal
Whitby, Ontario, Canada
Designs, manufactures, and sells satellite earth stations, air traffic control radar antenna, and high frequency antenna products.Type: Financial Advisory
Details: Debt placement
Avon Bearings
Cleveland, OH
Manufactures large diameter bearings.Type: M&A, Sale
Details: Sold to Kaydon (Muskegon, MI)
Beech Technology Systems
Mentor, OH
Manufactures tooling dies and wax patterns used in jet engine assembly.Type: M&A, Acquisition
Details: Redeemed shares of institutional investor
Bevcorp Industries
Willoughby, OH
Provides can and bottle fillers, blenders, crowners, cappers, steamers, handling equipment, rinsers, refrigeration equipment, and deaeration systems for the beverage industry.Type: M&A, Sale
Details: Sold to Itochu (Tokyo, Japan)
Bird Electronics
Solon, OH
Manufactures instruments to measure electricity. Provides innovative, reliable and customized RF conditioning solutions. Type: M&A, Acquisition
Details: Acquired TXRX Systems (Angola, NY)
Campbell Hausfeld
Harrison, OH
Manufactures consumer, industrial, and commercial grade air compressors and related products. Type: Financial Advisory
Details: Buyside Advisory
Cardinal Fastener
Cleveland, OH
Manufactures hot forged, large diameter fasteners for the bridge and wind energy industry.Type: M&A, Sale, Restructuring
Details: Sold to Würth Group (Künzelsau, Germany) in Chapter 11 bankruptcy proceeding
Chemi-Trol Chemical
Gibsonburg, OH
Manufactures large propane and ammonia tanks.Type: M&A, Sale
Details: Sold to Harsco Corporation (Camp Hill, PA)
Chemi-Trol Chemical
Gibsonburg, OH

Cal-Van Tools Division
Gibsonburg, OH
Manufactures and distributes specialty automotive tools.Type: M&A, Sale
Details: Sold to Horizon Tool (Greensboro, NC)
Chemi-Trol Chemical
Gibsonburg, OH

Cory Orchard & Turf Division
Indianapolis, IN
Manufactures and distributes fertilizers and other agricultural and turf products.Type: M&A, Sale
Details: Sold to Terra International (Louisville, KY)
ChromaScape, Inc.
Twinsburg, OH
Premier producer and distributor of color dispersions and additives throughout various markets in North America and Europe.Type: M&A, Sale
Details: Sold to Capital Partners
(Norwalk, CT)
ChromaScape, Inc.
Twinsburg, OH
Premier producer and distributor of color dispersions and additives throughout various markets in North America and Europe.Provides value-added processing and distribution of dyes and specialty chemicals to the textile, paper, and other specialty industries. Type: M&A, Acquisition
Details: Acquired Greenville Colorants
(Greenville, SC)
CHRYSO Group
Issy-les-Moulineaux, France
Designs, produces, markets, and delivers chemical solutions that help in creating sustainable building materials. Type: Financial Advisory
Details :Buyside Advisory
Cleason Companies
Newark, NY
Produces sand, gravel, and ready-mixed concrete. Type: M&A, Sale
Details: Sold to Management (Newark, NY)
Coating Excellence International
Wrightstown, WI
Manufactures packaging products.Type: M&A, Sale
Details: Sold to Mason Wells
(Milwaukee, WI)
Coldwater Veneer
Coldwater, MI
Produces American hardwood veneer.Type: M&A, Sale
Details: Sold to Industrial Opportunity Partners (Evanston, IL)
Columbiana Boiler Company
Columbiana, OH
Manufactures kettles for the galvanizing and other hot dip coating industries, as well as pressure vessels and transportation packages for the chemical industry.Type: M&A, Sale
Details: Sold to CBC Ventures
(Cleveland, OH)
CPI Engineering Services
Midland, MI
Formulates and manufactures synthetic lubricants for the refrigeration and air compressor industries. Type: M&A, Sale
Details: Sold to Lubrizol Corporation (Cleveland, OH)
Dexter Magnetic Technologies
Elk Grove Village, IL
Designs, engineers, and manufactures magnetic circuits, permanent magnets, magnetic assemblies, electromagnetic systems, and finished products.Type: M&A, Sale
Details: Sold to Levine Leichtman Capital Partners (Beverly Hills, CA)
Drake Manufacturing Services Co.
Warren, OH
Manufactures branded CNC machine tool systems for the grinding market.Type: M&A, Sale
​Details: Sold to Uni-World Capital
(New York, NY)
DT Industries
Dayton, OH

Packaging Systems Division
Lowell, MA and South Yorkshire, England
Designs and builds proprietary machines and integrated systems utilized for packaging, liquid filling, and tube filling applications for Merrill brands.Type: M&A, Sale
Details: Sold to Kinderhook Partners
(Fort Lee, NJ)
DT Industries
Dayton, OH

Converting Technologies (Sencorp) Division
Hyannis, MA
Manufactures high-speed rotary presses and plastic processing machines and equipment. Type: M&A, Sale
Details: Sold to Management (Hyannis, MA)
Duke Manufacturing
Willoughby, OH
Manufactures precision-machined components and assemblies used predominately by the aerospace and defense sector.Type: M&A, Sale
Details: Sold to Watervale Equity Partners (Cleveland, OH)
Eagle-Picher
Cincinnati, OH
Manufactures advanced products used in the automotive, defense, aerospace, environmental testing, medical implant devices, pharmaceutical services, nuclear energy, and food and beverage industries.Type: Financial Advisory, Restructuring
Details: Financial advisor in Chapter 11 reorganization
Eagle-Picher
Cincinnati, OH

Orthane Division
Denton, TX
Manufactures highly-engineered, injection molded polyurethane seals and components.Type: M&A, Sale, Restructuring
Details: Sold to US Farathane (Royal Oak, MI) in Chapter 11 bankruptcy proceeding
Eagle-Picher
Cincinnati, OH

Plastics Division
Huntington, IN
Manufactures plastic parts for exterior automotive applications.Type: M&A, Sale, Restructuring
Details: Sold to Cambridge Industries (Detroit, MI) in Chapter 11 bankruptcy proceeding
Electro-Mec
Indiana, PA
Rebuilds and distributes electric motors and parts.Type: M&A, Sale
Details: Sold to Integrated Power Services (Greenville, SC)
Elgin National Industries
Downers Grove, IL
Designs, engineers, procures, and constructs bulk material handling and processing systems for the power and mining industries.Type: M&A, Sale
Details: Sold to GFI Energy Ventures (Los Angeles, CA)
Ennstone
Falmouth, VA
Produces sand, gravel, and ready-mixed concrete.Type: Financial Advisory
Details: Financial advisor in debt restructuring
Ennstone
Falmouth, VA

Pennsylvania Assets
Produces sand, gravel, and ready-mixed concrete.Type: M&A, Sale
Details: Sold to Lindy Paving (Pittsburgh, PA)
Essef Corporation
Chardon, OH

Hobson Brothers Subsidiary
Shell Rock, IA
Manufactures plastic blow-mold tooling.Type: M&A, Sale
Details: Sold to Management (Shell Rock, IA)
ETI Tech, Inc.
Englewood, OH
Designs and manufactures electro-mechanical flight hardware and ground support equipment for aerospace and military industries. Type: M&A, Sale
Details: Sold to Soaring Pine Capital (Birmingham, MI)
Ferro Corporation
Mayfield Heights, OH

Fluid Logic
Portland, OR
Provides fluids used in the production of electronic componenets based on ceramic and quartz substrates, and advanced polishing fluids used for flat glass, precision optics, ophthalmic lenses, and specialty plastics. Type: M&A, Sale
​Details: Sold to LaPel Solutions (Vancouver, WA)
Ferro Corporation
Mayfield Heights, OH
Supplies technology-based performance materials to the global market.Provides an extensive line of inorganic pigments. Type: M&A, Acquisition
Details: Acquired Nubiola Pigmentos (Barcelona, Spain)
Ferro Corporation
Mayfield Heights, OH
Supplies technology-based performance materials to the global market.Provides laser marking technology for use on ceramics, plastics, metals, glass, and other hard surfaces. Type: M&A, Acquisition
Details: Acqiured TherMark Holdings, Inc. (Irvine, CA)
Ferro Corporation
Mayfield Heights, OH
Supplies technology-based performance materials to the global market. Supplies ceramic coatings to high-end tile manufacturers. Type: M&A, Acquisition
Details: Acquired Vetriceramici (Casola Valsenio, Italy)​
Ferro Corporation
Mayfield Heights, OH
Supplies technology-based performance materials to the global market. Produces waterborne industrial paints with a focus on organic paints for glass substrates application. Type: M&A, Acquisition
Details: Acquired Pinturas Benicarló, S.L. (Castellón, Spain)
Ferro Corporation
Mayfield Heights, OH
Supplies technology-based performance materials to the global market. Provides colors and pigments including automotive products, container and tableware products. Type: M&A, Acquisition
Details: Acquired Ferer Dis Ticaret Ve Kimyasallar Anonim Sirketi A.S. (Istanbul and Kutahya, Turkey)
Flame Control Coatings, LLC
Niagara Falls, NY
Manufactures fire retardant, heat resistant, and specialty coatings. Its brands include Flame Control and TemperKote. Type: M&A, Sale
Details: Sold to Seal For Life, a portfolio company of Arsenal Capital Partners (The Netherlands)
Furnace Parts
Cleveland, OH
Manufactures and distributes industrial thermocouples and temperature sensing devices and accessories. Type: M&A, Sale
Details: Sold to Ultra Electronics
(Middlesex, England)
Global Security Glazing
Selma, AL
Designs and manufactures institutional security and custom architectural glass and glazing products.Type: M&A, Sale
Details: Sold to Grey Mountain Partners (Boulder, CO)
Hayes Brake
Mequon, WI
Designs, tests, manufactures, and sells non-automotive custom-engineered brake systems.Type: M&A, Sale
Details: Sold to Nautic Partners (Providence, RI)
Herman Miller
Zeeland, MI
Designs and manufactures home, office, and healthcare furnishings and provides related services. Type: Financial Advisory
Details: Co-managed debt offering
Hi TecMetal Group
Cleveland, OH

York Division
Charleston, SC
Supplies brazing, thermal processing, and welding services and products. Type: M&A, Sale
Details: Sold to IMT York and IMT Duncan (York, SC)
Highland International
Boone, NC
Formulates heat resistant and corrosion protection coatings with expertise in high-temperature coatings.Type: M&A, Sale
Details: Sold to Seal For Life, a portfolio company of Arsenal Partners (The Netherlands)
HMI
Cleveland, OH

Bliss Manufacturing Division
Pawtucket, RI
Manufactures automotive stampings.Type: M&A, Sale
Details: Sold to Rhone Capital
(New York, NY)
HON Industries
Muscatine, IA
Manufactures and markets business furniture, work space accessories, and fireplaces. Type: Financial Advisory
Details: Co-managed secondary offering
HTG
Cleveland, OH
Provides brazing, thermal processing and welding services for automotive, aerospace, food, fluid power, and other industries. Type: Financial Advisory
Details: Debt restructuring with Capital Works
International Specialty Alloys
New Castle, PA
Provides high quality and high purity custom metal alloys and custom metal alloy powders to the aerospace, electronics, and high-performance industrial industries. Type: M&A, Sale
Details: Sold to Kennametal (Latrobe, PA)
Interstate Southwest
Navasota, TX
Manufactures and markets large-scale forgings.Type: M&A, Sale
Details: Sold to Ellwood Texas Forge (Houston, TX)
Kennametal
Latrobe, PA

Disston Company Division
South Deerfield, MA
Manufactures and markets power tool accessories for do-it-yourself, contractor, and industrial markets globally.Type: M&A, Sale
Details: Sold to Cal SDI (Pomona, CA)
Kennametal
Latrobe, PA

Full Service Supply Division
Latrobe, PA
Provides integrated supply chain and logistics management to large and medium-sized metalworking plants. Type: M&A, Sale
Details: Sold to Ferguson Enterprises, a subsidiary of Wolseley (Zug, Switzerland)
Lakeside Scrap Metals, Inc.
Cleveland, OH
Processes ferrous and nonferrous scrap metals including steel, copper, brass, and aluminum. Type: Financial Advisory
Details: Debt refinancing
Lower Lakes Towing
Port Dover, Ontario, Canada
Provides bulk freight shipping services throughout the Great Lakes region.Type: M&A, Sale
Details: Sold to Rand Acquisition (New York, NY)
Mark Concepts
Dayton, OH
Fabricates aluminum and steel components and provides subassemblies for the heavy duty truck and related industries.Type: M&A, Sale
Details: Sold to Mancor Canada
(Oakville, Ontario, Canada)
MCR
Rochester, NY
Provides non-ferrous processing services.Type: M&A, Sale
Details: Sold to Copper & Brass Sales, a division of Thyssenkrupp Materials NA (Southfield, MI)
MCR
Rochester, NY
Provides non-ferrous processing services.Type: Financial Advisory
Details: Restructuring and debt placement
Miami Valley Steel Service
Picqua, OH
Provides steel processing service sand distributes finished products. Type: M&A, Sale
Details: Sold to Esmark (Chicago Heights, IL)
Michelex
Massena, NY
Manufactures and distributes packaging products. Type: Financial Advisory
Details: Debt restructuring
Neway Stamping & Manufacturing Company, Inc.
Willoughby, OH
Produces close tolerance, short-run custom, precision metal stampings.Type: M&A, Sale
Details: Sold to Bowden Capital Group (Cleveland, OH)
Ohio Blow Pipe
Cleveland, OH
Provides premier recycling, environmental, and health/safety material handling solutions provider to various markets in North America, South America, Asia, and Europe.Type: M&A, Sale
Details: Sold to CapitalWorks
(Cleveland, OH)
Park North Capital
Cleveland, OH
Invests in middle market businesses. Provides decorative plating solutions to healthcare and other industries. Type: M&A, Acquisition
Details: Acquired a controlling interest in Woodhill Plating Company (Cleveland, OH)
PECo Process Equipment
Tipp City, OH
​Specializes in precise, verified machining, grinding and fabricating of large metal products.Type: M&A, Sale
​Details: Sold to Lincoln Electric
(Cleveland, OH)
Qualitech Steel
Indianapolis, IN
Produces highly-engineered steels for the automotive, transportation, and capital goods industries.Type: Financial Advisory
Details: Project financing
R.W. Sidley
Painesville, OH
Manufactures and supplies bulk aggregates, industrial minerals, ready-mix concrete, masonry block products, structural and architectural precast components, and building supplies. Type: Financial Advisory
Details: Debt recapitalization by Wingspire Capital (Alpharetta, GA)
RB&W
Streetsboro, OH
Manufactures and markets cold forming technology and produces cold-formed parts.Type: M&A, Sale
Details: Sold to Park-Ohio
(Cleveland, OH)
Rossborough Supply Company
Cleveland, OH
Manufactures magnesium and aluminum automotive parts.Type: M&A, Sale
Details: Sold to Monomoy Capital Partners (New York, NY)
SMED International
Calgary, Alberta, Canada
Manufactures modular office furniture. Type: Financial Advisory
Details: Co-managed IPO
Specialty Air Technologies, Inc.
Long Beach, CA
Blends and packages “high-end” pure gases and mixtures for several growing niche markets in North America, Latin America, and Asia.Type: M&A, Sale
Details: Sold to Tech Air (Danbury, CT)
Steel Dynamics
Butler, IN
Produces carbon steel products. Type: Financial Advisory
Details: Project financing
Steelcase
Grand Rapids, MI
Markets and sells office furniture. Type: Financial Advisory
Details: Assist Wege family in IPO
Sudbury
Cleveland, OH

South Coast Terminals, Inc. Subsidiary
Houston, TX
Provides storage and processing services for the oil and chemical industries.Type: M&A, Sale
Details: Sold to KMCO (Crosby, TX)
Superior Specialty
Gas Services, Inc.
Tulsa, OK
Distributes specialty gas mixtures for the North American hydrocarbon market.Type: M&A, Sale
Details: Sold to Airgas USA (Radnor, PA)
Tomlinson
Cleveland, OH
Manufactures and provides equipment and components for the global food and beverage sectorType: M&A, Sale
Details: Sold to Crown Brands, LLC, a portfolio company of Centre Lane Partners (Lincolnshire, IL)
TPC Metals, Inc.
Newark, NJ
Operates as a metal service center and provides tin mill, light gauge cold rolled, galvanized, and aluminum products.Type: M&A, Sale
Details: Sold to Lakeside Metals (Willowbrook, IL)
VanDeMark Chemical, Inc.
Lockport, NY
Produces specialty, intermediate, and catalyst chemicals utilizing phosgenation chemistry.Type: Financial Advisory
Details: Recapitalization by Prospect Capital (New York, NY)
VanDeMark Chemical, Inc.
Lockport, NY
Produces specialty, intermediate, and catalyst chemicals utilizing phosgenation chemistry.Type: M&A, Sale
Details: Sold to Uni-World Capital (New York, NY) and Brightwood Capital (New York, NY)
Victor Insulators
Victor, NY
Manufactures electrical components.Type: Financial Advisory
Details: Restructuring and debt placement
Warren Industrial Group, LLC
Warren, OH
Diversified industrial holding company. Type: M&A, Acquisition
Details: Acquired Everett Industries, Inc. (Warren, OH)
Waterlink
Columbus, OH
Provides products, equipment, systems, and services related to activated carbon and its uses for water and air purification, solvent recovery, odor control, and chemical processing.Type: M&A, Sale, Restructuring
Details: Sold to Calgon Carbon (Pittsburgh, PA) in Chapter 11 bankruptcy proceeding