Stout served as the exclusive sell-side financial advisor to North River Capital and Wayne Manufacturing in connection with its sale to Hoffmann Family of Companies. Hoffmann is a multi-vertical, family-owned company consisting of over 115 national brands, employing 9,000 global employees with businesses located in 30 counties and 250 locations around the world.

Founded in 1963 and headquartered in LaOtto, IN, Wayne produces over 130 products for the automotive and consumer product industries, utilizing the latest technologies in 3D tool design, simulation, tool build, weld monitoring, automation, and quality standards.

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