Investment Summary

Red Top Capital Exits Monarch Machining & Fabrication

On January 1, 2020, LB Metals invested in machinery company Monarch Machining & Fabrication from Red Top Capital

Investment Highlights
  • This is LB Metals’ 1st transaction in the Machinery sector.
  • This is LB Metals’ 1st transaction in the United States.
  • This is LB Metals’ 1st transaction in Wisconsin.

Investment Summary

Date 2020-01-01
Target Monarch Machining & Fabrication
Sector Machinery
Investor(s) LB Metals
Sellers(s) Red Top Capital
Deal Type Add-on Acquisition

Target

Monarch Machining & Fabrication

Milwaukee, Wisconsin, United States
Monarch Machining and Fabrication is a provider of enhanced capabilities to customers of both production tool and monarch machining. Monarch Machining & Fabrication was founded in 2007 and is based in Milwaukee, Wisconsin.

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Investor(S) 1

Investor

LB Metals

Harvey, Illinois, United States

Category Company
Sector Machinery
DESCRIPTION

LB Metals is a provider of steel counterweights, offering a wide range of services including machining, fabricating, burning, and assembly. With their expertise in engineering and fabrication, they specialize in high-range armor steel plate doors, forming, leveling, painting, and welding. LB Metals is based in Harvey, Illinois.


DEAL STATS #
Overall 1 of 1
Sector: Machinery M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Wisconsin M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1

Seller(S) 1

SELLER

Red Top Capital

Delafield, Wisconsin, United States

Category Private Equity Firm
Founded 1993
Size Small
Type Sector Agnostic
DESCRIPTION

Red Top Capital LLC is a private investment firm focused on management buyouts of established manufacturing businesses (consumer products, food, furniture, industrial products, equipment, textile, apparel) where the firm looks to acquire a controlling interest. Red Top generally pursues companies with sales of $5 to $50 million and at least earnings of $0.5 to $1 million. Total transaction values range from $5 to $30 million. Red Top Capital makes equity investments with personal capital, rather than with funds from a limited partnership with institutional investors. Red Top Capital was formed in 1993 and is based in Hartland, Wisconsin.


DEAL STATS #
Overall 6 of 6
Sector: Machinery M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Wisconsin M&A 2 of 2
Country: United States M&A 6 of 6
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-02-22 Eagle Dry Goods Co.

Old Hickory, Tennessee, United States

A controlling interest of Eagle Dry Goods was purchased on May 29, 1998. Eagle imports and distributes high quality custom knit and silk shirts. The Company concentrates on the marketing and sale of Authentic Clothing to the Advertising Specialty Industry (ASI). The Company is located in Nashville, TN. Red Top Capital LLC obtained a majority equity stake from the founders as a condition of providing equity capital for the Company to continue its outstanding growth potential.

Sell -