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Milwaukee, Wisconsin, April 10, 2011 – Cleary Gull Inc. advises LBC Acquisitions, LLC d/b/a Lee Brass Company in its sale to an affiliate of The Reserve Group
Cleary Gull Inc. is pleased to announce the sale of LBC Acquisitions, LLC d/b/a Lee Brass Company (“Lee Brass”), a portfolio company of Morris Capital Management, LLC, to an affiliate of The Reserve Group. Cleary Gull acted as exclusive financial advisor to Lee Brass in this transaction.
Lee Brass, located in Anniston, Alabama, is one of North America’s oldest and largest brass and copper based alloy foundries. Customers include distributors and original equipment manufacturers serving residential, industrial, naval, municipal water, and steam system markets.
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Advised Milwaukee Forge in the acquisition of a leading manufacturer of steel forged parts for various industrial applications.
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Sold a leading provider of voice order solutions to the restaurant industry.
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