Standard Locknut, Inc. is a leading ISO certified manufacturer of bearing accessories and a broad line of precision machined products. The Company markets its products to a variety of industries including bearing, heavy construction, paper, mining, oil field, energy, automotive, and industrial industries.
MelCap Partners acted as the sell side advisor to Standard.
Standard Locknut was successfully sold to Capital for Business, Inc. and Centerfield Capital Partners, L.P., two experienced private equity groups.
“Having never been through the process of selling a business before, we went looking for a professional “mid-market” group that could effectively represent our shareholders and their ownership transition goals. MelCap Partners is where we turned, and the final results exceeded our expectations. Thank you MelCap for your leadership and persistence throughout this successful transaction!”
Mr. Scott Waddell
Standard Locknut’s President
Providing the Services Business Owners Need For Nearly Two Decades
At MelCap Partners, our team of experienced industry professionals has a high amount of respect for business owners making pivotal decisions — whether they’re selling their business or expanding. We do our best to provide services that honor the work they’ve put into building their business from the ground up.
We know the big events concerning your business are hard, especially if family is involved, and that’s why our team is ready to help so you don’t have to go through the process alone. We’ll help you navigate any challenges that come your way so you can successfully meet your goals and objectives.
If you’re ready for help taking the next step in pursuing your goals, we’d love to use our experience to get you there. We know that getting to this point hasn’t been easy and we’re here to walk you through the process. If you’re ready to start, we’d love to have you connect with one of our professionals today.
- Client: Standard Locknut
- Category: Metals, Sell-Side M&A