American Iron & Alloys, LLC
Our team advised American Iron & Alloys on its sale to Lawton Standard, a portfolio company of Oakland Standard.
Transaction Details
Sell-Side Advisor
Year: 2022
Hedquarters: Waukesha, WI
Client: American Iron & Alloys, LLC
Industry: Industrials & Manufacturing
Website: www.versa-bar.com
Overview
Completed by the Vantage Investment Banking team under a prior firm, American Iron & Alloys (“AIA”), a manufacturer and supplier of continuous cast iron, bronze, and other alloys, has been acquired by Lawton Standard.
About American Iron & Alloys
American Iron & Alloys is a Wisconsin-based manufacturer and supplier of continuous cast iron, bronze, and other alloy products used across industries such as fluid power, bearing manufacturing, and construction. Founded in the early 1980s, AIA is best known for its Versa-Bar continuous cast iron bar and tubing products and offers additional services like in-house CNC machining and custom metal components.
About the Lawton Standard
Lawton Standard is a vertically integrated specialty foundry and manufacturing platform headquartered in De Pere, Wisconsin, that produces high-alloy iron and steel castings along with precision machining and value-added services for demanding industrial applications. Formed in 2019 through the combination of long-standing foundries and expanded through strategic acquisitions, Lawton Standard offers castings from small to large sizes across multiple facilities with ISO-certified quality systems. With a family-oriented culture and a mission to “raise the standard” in foundry quality, technology, and sustainability, Lawton Standard focuses on bringing advanced onshore manufacturing solutions to a broad set of end markets.
About the Oakland Standard
Headquartered in Birmingham, Michigan, Oakland Standard is a private equity firm that invests in lower middle market industrial businesses with a hands-on, operationally focused approach. The firm partners with owners and management teams that seek strategic support alongside capital to build long-term value and strengthen market positions. Oakland Standard primarily targets industrial companies across a range of situations including family ownership transitions, recapitalizations, and industry consolidations.
