Advised on sale of commercial baking solutions manufacturer

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Advised on sale of commercial baking solutions manufacturer

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Stout served as exclusive financial advisor to Lloyd Industries, LLC (d/b/a LloydPans), a portfolio company of Centre Lane Partners, LLC in connection with its acquisition by Cornerstone Foodservice Group, Inc., a portfolio company of ShoreView Industries.

Based in Spokane, WA, LloydPans manufactures branded, off-the-shelf and custom-built commercial-grade cooking, baking, and other products used in consumer and commercial kitchens and restaurants. Customers and end-users include leading restaurants, foodservice equipment manufacturers, and retailers. The company also offers custom metal fabrication and anodizing services to a variety of end markets.