Cleveland, OH (PRWEB) October 17, 2009
Cobblestone | Harris Williams is pleased to announce the sale of certain assets of Brittany Stamping, LLC's Duffy Tool and Stamping Ltd and Sovereign Tool and Engineering Ltd subsidiaries to North American Stamping Group, LLC. Cobblestone acted as the exclusive advisor to Brittany Stamping. The transaction was led by Geoffrey Frankel and Matthew Mueller from Cobblestone's Cleveland office.
Duffy Tool and Stamping Ltd is a leading provider of precision metal stampings for the automotive industry. Duffy's capabilities include a broad range of metal forming applications ranging from deep draw, heavy gauge stampings to transfer and progressive die applications. Duffy is recognized as having particular expertise in the manufacture of wrapped tube products and components utilized in noise, vibration and harshness systems.
Sovereign Tool and Engineering Ltd provides design, engineering and manufacturing of complex, detailed metal stamping dies.
Brittany Stamping LLC is a Cleveland, Ohio-based operating company that specializes in the production of precision metal stampings utilized in the global HVAC and refrigeration industries.
North American Stamping Group, LLC manufactures stamped metal components and welded assemblies for the automotive market. The company operates stamping facilities throughout North America, including operations in Canada, Mexico and the United States.
Cobblestone | Harris Williams is a specialty group of Harris Williams & Co. Cobblestone provides trustworthy advice and superior execution on private company sales, corporate divestitures, acquisitions, recapitalizations, restructurings and complex valuations for lower middle market transactions. Cobblestone's professionals have advised on M&A and financing transactions representing more than $4 billion in value since 1998, making it one of the nation's most experienced and successful advisors dedicated solely to the lower-middle market.
Harris Williams & Co., a member of The PNC Financial Services Group, Inc. (NYSE:PNC), is one of the largest mergers and acquisitions advisory firms in the country focused exclusively on the middle market. Harris Williams & Co. represents private equity groups as well as publicly and privately held companies worldwide.
Harris Williams & Co. and Cobblestone | Harris Williams are trade names under which Harris Williams LLC conducts its business. Harris Williams LLC is a registered broker-dealer and member FINRA/SIPC.
For general release inquiries, please contact Marketing Director, Kimberly Baker at 804-648-0072.
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