Stout advised on the sale of Douglas Machines Corp., a portfolio company of CNL Strategic Capital, to Sani-Matic, a portfolio company of Hamilton Robinson Capital Partners. The transaction closed in August 2025.

Founded in 1979 and headquartered in Clearwater, Florida, Douglas is a manufacturer of innovative and customizable commercial cleaning and sanitizing equipment to the food, pet food, nutraceutical, and industrial end markets in the United States.

Sani-Matic Inc. headquartered in Sun Prairie, Wisconsin, is a leading provider of automated hygienic solutions. The company designs, engineers, manufactures, and services automated solutions to a diverse base of blue-chip customers in food, beverage, bio-pharm, nutraceutical, and personal care. Founded in 1943, Sani-Matic developed some of the first continuous-in-place (CIP) systems for the dairy industry. The product line has been expanded over the years and has focused on mission-critical cleaning and sanitizing applications in highly regulated food and pharmaceutical processes.