SRR Advises on Sale of Parkway Products
Stout Risius Ross, Inc. (SRR), Southfield, Michigan, announced that its client, Parkway Products, LLC (Parkway), has been acquired by an affiliate of Capital Partners, Inc. (Capital Partners). SRR served as exclusive financial advisor to Parkway in connection with this transaction.
Headquartered in Florence, Kentucky, Parkway is a leader in niche process technologies including high-performance polymer molding, magnesium thixomolding, paint and laser etching, thermoset molding, and thermoplastic molding for a variety of end markets. Parkway serves OEM customers in the automotive, energy and infrastructure, industrial, healthcare, aerospace and defense, and technology end markets.
Al Ridilla, president of Parkway, and his management team will continue to lead the business post-sale. For more information, visit www.srr.com/news.