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Hi-Tech Manufacturing, LLC sold to May River Capital, LLC

 

Milwaukee, Wisconsin, July 2, 2012 – Cleary Gull Inc. advises Hi-Tech Manufacturing, LLC, a portfolio company of Longview Capital Partners II, LLC, in its sale to May River Capital, LLC, in partnership with management, the Pohlad family, Yukon Capital Partners, L.P., and other co-investors

Cleary Gull Inc. is pleased to announce the sale of Hi-Tech Manufacturing, LLC (“Hi-Tech” or the “Company”), a portfolio company of Longview Capital Partners II, LLC (“Longview”), to May River Capital, LLC (“May River”), in partnership with management, the Pohlad family (“Pohlad”), Yukon Capital Partners, L.P. (“Yukon”), and other co-investors. Cleary Gull acted as exclusive financial advisor to Hi-Tech and the selling shareholders.

Hi-Tech is a world-class manufacturer of low- to medium-volume, mission-critical precision machined components and assemblies. Based near Chicago’s O’Hare airport, the Company serves large, market leading customers in the energy, medical equipment, scientific laboratory, and industrial end markets. The Company is regarded as the preferred contract manufacturer for its customers’ most critical, tight tolerance and difficult-to-manufacture components.


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