PW&Co Role
Certain principals of PW&Co acted as the exclusive sell-side advisor to Renaissance Manufacturing Group, LLC (“RMG Anniston”) and its ancillary businesses Wisconsin Precision Machining (“RMG Machining”) and RMG Waukesha (the Company’s brokerage business based in Waukesha, WI) in its sale to the Lawton Standard Co.
Summary
RMG was founded in 2015 by Phil and Paul Knoebel and employs 160 individuals across its locations. The Company’s Anniston plant is an ISO 9001:2015 certified vertical DISA ductile iron foundry that specializes in manufacturing small, high quality, ductile iron castings for its customers. The Company primarily serves customers in the light and heavy truck, combustion engine, railroad, construction, agriculture, and pump/compressor industries. Phil Knoebel, formerly President of the standalone RMG, will join Lawton’s leadership team as President of the RMG-Lawton Standard Sales & Services (RMG) segment.
PW&Co’s investment banking team was led by Michael Stone with support from Zac Venos.
Securities-related transactions are conducted through M&A Securities Group, Inc., 4151 N. Mulberry Drive, Suite 252, Kansas City, MO 64116. Member FINRA/SiPC. M&A Securities Group and Porter White & Co. are unaffiliated entities.
