M&A Transactions in Wisconsin

Wisconsin Whey Protein is a U.S.-based dairy-ingredients manufacturer that produces whey-protein concentrates (WPC), whey-protein isolates (WPI), lactose, and cheeses. The Company serves customers in sectors such as infant formula, medical nutrition, health & wellness, sports nutrition, bakery, and food processing. Its operations include modern processing facilities in Darlington and Turtle Lake, Wisconsin.

Royal FrieslandCampina N.V.
Company
Food
Amersfoort, Netherlands
www.frieslandcampina.com

Durex Products manufactures a variety of replacement parts for mineral processing equipment including screen media (metal wire and urethane options), liners and other wear components. Durex’s products can primarily be found in the vibrating screener component of mineral processing rigs used at quarries. Durex primarily services the aggregate (sand, gravel, fine rock) and hard rock mining (crushed rock, cement) industries, selling products through a network of dealers. Durex Products was formed in 1965 and is based in Luck, Wisconsin.

Gerard Daniel Worldwide
Company
Manufacturing
Hanover, Pennsylvania
www.gerarddaniel.com

Borgman Capital
Investor
Private Equity Firm
Milwaukee, Wisconsin
www.borgmancapital.com

Atkore's Tectron Tube Product Line offers various shapes and wall thicknesses of mechanical steel tubing and is based in De Pere, Wisconsin.

Lock Joint Tube
Company
Manufacturing
South Bend, Indiana
www.ljtube.com

Atkore International, Inc.
Company
Building Materials
Harvey, Illinois
www.atkore.com

Hanna Cylinders designs and manufactures industrial-grade hydraulic and pneumatic cylinders, including tie-rod and custom-engineered cylinders, and serves sectors such as mobile equipment, nuclear, and machining. Hanna Cylinders was founded in 1901 and is based in Pleasant Prairie, Wisconsin.

Pelican Energy Partners
Investor
Private Equity Firm
Houston, Texas
www.pelicanenergypartners.com
Advisor: Reed Smith

Exact Sciences is a molecular diagnostics company focused on the early detection and prevention of the deadliest forms of cancer. The company has exclusive intellectual property protecting its non-invasive, molecular screening technology for the detection of colorectal cancer. Exact Sciences was founded in 1995 and is based in Madison, Wisconsin.

Abbott
Company
Medical Products
North Chicago, Illinois
www.abbott.com
Advisors: Wachtell, Lipton, Rosen & Katz , Morgan Stanley

Codeworks provides IT staffing, project delivery, and consulting services, helping organisations fill technology roles and deliver projects in areas like agile teams, DevOps, cloud infrastructure, software development and more. Codeworks was founded in 1995 and is based in Brookfield, Wisconsin.

LRS
Company
Information Technology
Springfield, Illinois
www.lrs.com

Color Craft Graphic Arts is a folding carton company specialising in providing paperboard and printing services. Color Craft Graphic Arts designs, makes dies, prints, die-cuts, glues, and ships warehouse projects, all in-house at their Manitowoc plant. Providing print runs from 500 to 5 million, they can help with pre-press all the way to delivery. Color Craft Graphic Arts was founded in 1929 and is based in Manitowoc, Wisconsin.

PaperWorks Industries
Company
Packaging
Fort Washington, Pennsylvania
www.onepaperworks.com

First Capital Partners
Investor
Mezzanine Finance Firm
Omaha, Nebraska
www.firstcapitalpartners.com

Owens Industries is a provider of ultra-precision CNC machining services specialising in complex, tight-tolerance parts for mission-critical applications. Owens Industries was founded in 1944 and is headquartered in Oak Creek, Wisconsin.

Pro Products
Company
Machinery
Sturgeon Bay, Wisconsin
www.proproducts-inc.com

Neostella's Staffing and Talent Business provides workforce solutions by supplying skilled professionals across multiple regions. Neostella's Staffing and Talent Business is based in Milwaukee, Wisconsin.

Provana
Company
Information Technology
Lisle, Illinois
www.provana.com

Neostella
Company
Business Services
Milwaukee, Wisconsin
www.neostella.com

EMCO Chemical Distributors distributes specialty and industrial chemicals and provides formulation, blending, repackaging, and logistics services to manufacturers across industries such as coatings, adhesives, personal care, food, agriculture, and water treatment. The Company also operates divisions for chemical packaging and environmental services. EMCO Chemical Distributors was founded in 1971 and is headquartered in Pleasant Prairie, Wisconsin.

Lindsay Goldberg
Investor
Private Equity Firm
New York, New York
www.lindsaygoldbergllc.com
Advisors: Latham & Watkins , J.P. Morgan Securities , Chemlink Partners

Craft Beverage Warehouse provides direct-to-can digital printing and wholesale packaging materials for the craft beverage industry. Craft Beverage Warehouse was founded in 2020 and is headquartered in Milwaukee, Wisconsin.

TricorBraun
Company
Packaging
St. Louis, Missouri
www.tricorbraun.com

Honey Creek Heights Senior Living operates an assisted living and memory care community serving older adults in the Milwaukee area. Honey Creek Heights Senior Living offers residential care with on-site medical support, housekeeping, dining, and daily activities designed to promote engagement and well-being. Honey Creek Heights Senior Living is headquartered in Milwaukee, Wisconsin.

Pennant
Company
Healthcare Services
Eagle, Idaho
www.pennantgroup.com

Eversana - APACME Advisory Services provides life sciences clients in Asia Pacific, the Middle East, and emerging markets with consulting support in market access, pricing, and commercialization strategy. Eversana's APACME Advisory Services is based in Milwaukee, Wisconsin.

Trinity Life Sciences
Company
Life Science
Waltham, Massachusetts
www.trinitylifesciences.com

EVERSANA
Company
Life Science
Milwaukee, Wisconsin
www.eversana.com

Quality Pumps is a wholesale distributor of water-well, sewage, and pumping equipment for contractors, excavators, and well drillers. Quality Pumps is based in Madison, Wisconsin.

DSG
Company
Distribution
Plymouth, Minnesota
www.dsgsupply.com

Mennenga Tax & Financial provides tax preparation, financial planning, investment management, and insurance services for individuals and businesses. Mennenga Tax & Financial was founded in 1988 and is based in Madison, Wisconsin.

Merit Financial Advisors
Company
Financial Services
Alpharetta, Georgia
www.meritfinancialadvisors.com

REV is a diversified manufacturer of specialty vehicles to North America, as well as export markets. REV operates in three industry segments, Commercial, Fire & Emergency, and Recreation Vehicles, and owns 27 vehicle brands. Within the Fire & Emergency segment, REV offers an extensive line of fire apparatus under the E-ONE and KME brand names. REV was founded in 2008 and is based in Brookfield, Wisconsin.

Terex
Company
Machinery
Norwalk, Connecticut
www.terex.com
Advisors: Pryor Cashman , Fried Frank Harris Shriver & Jacobson , Barclays Investment Bank