Stout served as the exclusive financial advisor to Milamar Coatings, LLC (Milamar), a portfolio company of ShoreView Industries, in connection with its sale to VersaFlex Incorporated.

Milamar is a formulator and manufacturer of specialty chemicals with a focus on complex industrial composites, adhesives, and polymer coatings. The company serves a diverse customer base across a variety of end markets, including automotive, marine, aerospace, defense, electronics, floor coatings, construction, and infrastructure repair.