Stout announced today that Big 3 Precision Products, Inc., a portfolio company of TVV Capital, has been acquired by The Eastern Company (NasdaqGM:EML). Stout served as exclusive financial advisor to TVV in connection with this transaction.
Founded in 1970 and headquartered in Centralia, IL, Big 3 is a leading independent provider of turnkey packaging solutions. Through its two segments, the company manufactures material handling and returnable packaging systems for automotive and heavy truck original equipment manufacturers, as well as packaging blow-mold tooling for major consumer packaged goods brand owners and converters. Big 3 operates out of four manufacturing facilities located in the Midwest and Northeast.