Michael and his team advised on the sale of National Kwikmetal Services (“NKS”), a specialty metal processing and distribution services provider, to Banner Industries, a portfolio company of MiddleGround Capital.
Founded in 1989 and headquartered in Des Plaines, IL, NKS is a fast-growing specialty metal services provider focused on small- to medium-sized customers. NKS provides differentiated metal products and processing capabilities across the automotive, general industrial, aerospace and defense, power generation, medical and infrastructure, and construction end markets. The Company has established itself as a specialty metal services provider that offers customers flexibility and customization on orders large and small. The Company has four processing facilities located in the United States and Mexico.
Note: This work was performed prior to joining Stout.