Stout served as exclusive financial advisor to Herbst in connection with its sale to State Group, a portfolio company of Blue Wolf.

Founded in 1944 and headquartered in Cuyahoga Heights, OH, Herbst provides electrical installation and construction, testing, and maintenance and service in the Greater Cleveland area. The company is a trusted provider of electrical engineering services and serves a broad range of private and public sector clients across aerospace, automotive, healthcare, steel, water/wastewater, and other industrial end markets.

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