Cleary Gull Inc. Advises Wendorff Bros. Co., Inc. on its sale of Steel Craft, Hartford Finishing, and Capitol Stampings to Middleground Capital
Milwaukee, Wisconsin, August 15, 2019 – Cleary Gull Inc. is pleased to announce that Steel Craft Corp. of Hartford, Hartford Finishing, Inc., and Capitol Stampings Corp. (the “Companies”), divisions of Wendorff Bros. Co., Inc., have been acquired by MiddleGround Capital. Cleary Gull acted as exclusive financial advisor to Wendorff Bros. Co. in the transaction.
Headquartered in Hartford, Wisconsin, the Companies provide outsourced manufacturing services under their distinct Steel Craft, Hartford Finishing, and Capitol Stampings brands. Tom Verbos, CEO of the Companies, said “MiddleGround emerged as the perfect partner to help us transition from three independent operations to one aligned company providing our customers a suite of integrated solutions.”