Certain principals of PW&Co acted as the exclusive sell-side advisor to Renaissance Manufacturing Group, LLC and its ancillary businesses in its sale to the Lawton Standard Co. PW&Co’s investment banking team was led by Michael Stone with support from Zac Venos.
Based in Waukesha, WI, and with locations in Anniston, AL and Grafton, WI, 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 also has machining operations in Alabama (through RMG) and in Wisconsin (Wisconsin Precision Machining). 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.
If you are interested in selling your business, acquiring a company, or learning more about what your business is worth, please email Michael Stone or call him directly at (205) 458-9137.
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.
