Stout served the exclusive financial advisor to Thermotech, Inc. in connection with its sale to an affiliate of A.P. Plasman, Inc. and portfolio company of private equity firm Insight Equity Holdings LLC. Thermotech, founded in 1949 and headquartered in Hopkins, MN, is an ISO/TS certified designer, engineer, and manufacturer of injection-molded electrical and mechanical components and assemblies, primarily for the automotive, small engine, consumer, electronic, and other industrial markets. Thermotech operates a network of four plants in the U.S. and Mexico, including manufacturing facilities in Juárez, Monterrey, and Querétaro.

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