M&A Deal Summary

Reserve Group Acquires Lee Brass

On April 10, 2012, family office Reserve Group acquired manufacturer Lee Brass

Acquisition Highlights
  • This is Reserve Group’s 1st transaction in the Manufacturing sector.
  • This is Reserve Group’s 1st transaction in the United States.
  • This is Reserve Group’s 1st transaction in Alabama.

M&A Deal Summary

Date 2012-04-10
Target Lee Brass
Sector Manufacturing
Buyer(s) Reserve Group
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) CIBC Cleary Gull (Financial)

Target

Lee Brass

Anniston, Alabama, United States
Lee Brass is a manufacturer of producing parts utilizing low lead alloys for original equipment manufacturer customers. Lee Brass was formed in 1917 and is based in Anniston, Alabama.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

DESCRIPTION

The Reserve Group is a family-backed investment firm focused on acquiring stable mid-sized industrial and manufacturing companies with $20 to $100 million of revenue. The Firm will consider a variety of investment situations including divestitures, buyouts, special situations, and roll-ups and prefers opportunities in the Midwest US. The Reserve Group was formed in 1995 and is headquartered in Akron, Ohio.


DEAL STATS #
Overall 1 of 2
Sector (Manufacturing) 1 of 2
Type (Buyout (LBO, MBO, MBI)) 1 of 1
State (Alabama) 1 of 1
Country (United States) 1 of 2
Year (2012) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-09 Great Lakes Castings

Ludington, Michigan, United States

Great Lakes Castings is a manufacturer of high-quality gray iron castings for industry-leading customers in the industrial, automotive, HVAC, refrigeration, construction, and manufacturing end markets. The company offers a wide variety of engineering services and other value-added processing including shell core, cold box, annealing, and heat-treating capabilities. Great Lakes Castings was founded in 1945 and is based in Ludington, Michigan.

Buy -