PPC Advises Performance Stamping on Sale Transaction

Promontory Point Capital is excited to announce another one of our firm’s recent client successes.

Performance Stamping Co., Inc. (“PSC”) provides metal stamping solutions for appliance, automotive, industrial, oil & gas, water treatment, utility, and other select markets. PSC services these industries through numerous capabilities including custom progressive die stamping, compound and blanking die stamping, as well as complimentary value-added engineering services. Based in suburban Chicago, the Company is well respected for its leading quality control measures and strong relationship management practices which have fostered many long-tenured customer relationships.

As this second-generation family-held business began to contemplate ownership’s future goals and objectives, the Company’s law firm recommended an introduction to Promontory Point Capital. PPC was engaged as the Company’s investment banker to first prepare the materials to market the business, followed by leading a confidential outreach process targeting both strategic acquirers and private equity buyers. After soliciting interest from multiple parties, PPC helped negotiate a Letter of Intent between PSC and Willis & Smith Capital, a Texas-based private equity firm. PPC provided oversight throughout the buyer’s entire due diligence process expediting the overall closing timetable. The transaction involving Performance Stamping Co. represents another successful Done Deal for our firm. Read Press Release