Advised on sale of tool and die manufacturer
Subscribe to Transaction NewsAdvised on sale of tool and die manufacturer
Subscribe to Transaction NewsStout's client, AarKel Tool and Die, Inc., a subsidiary of Revstone Industries LLC, was acquired by Zynik Capital Corp. through Section 363 of the U.S. Bankruptcy Code. Stout served as exclusive financial advisor to AarKel and Revstone in connection with the transaction. Serving the North American automotive market, AarKel is among a limited group of manufacturers with high-pressure die-cast engine block tooling capabilities. The outcome of the transaction was advantageous for both AarKel and Zynik.