Stout has advised A.Y. McDonald Industries on the divestiture of its Pump Division to Baker Manufacturing Company, a portfolio company of Blue Sage Capital.

A.Y. McDonald, founded in 1856 and headquartered in Dubuque, Iowa, is one of America’s 100 oldest family businesses. The company is a leading manufacturer of water works, natural gas, and plumbing products with its headquarters, brass foundry, and manufacturing plant located in Dubuque, Iowa, with additional plants located in Albia, Iowa, and Elizabethton, Tennessee. The divestiture of the Pump Division enables A.Y. to focus on its core business operations and the redeployment of resources to more strategically aligned products within A.Y.’s waterworks portfolio. The Pump Division represented a small contribution to A.Y.’s overall revenue and the Pump Division’s go-to-market channels did not strategically overlap with A.Y.’s other core business sales channels.

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