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Stout Hires Kevin Manning as Head of Industrials for the Investment Banking Group
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CHICAGO, Jan. 11, 2021 /PRNewswire/ Stout is pleased to announce that Kevin Manning has joined the firm as Managing Director and Head of Industrials in the Investment Banking group. Based in Chicago, Kevin brings over 20 years of mergers and acquisitions and capital markets expertise with an emphasis on industrial manufacturing, distribution, and services companies.
Kevin Manning joins Stout as Managing Director in the Investment Banking group and Head of the Industrials practice. Kevin brings over 20 years of mergers and acquisitions and capital markets expertise with an emphasis on industrial manufacturing, distribution, and service companies. (PRNewsfoto/Stout)
Stout Advises on Sale of PSI to Selig Group
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CHICAGO, Jan. 7, 2021 /PRNewswire/ Stout announced today that its client, Performance Systematix Inc. (PSI), has been acquired by Selig Group ( Selig ) a portfolio company of CC Industries (CCI), a Chicago-based family office. Stout served as exclusive financial advisor to PSI in connection with this transaction.
Founded in 1984 and headquartered in Grand Rapids, MI, PSI is the leading supplier of container and packaging venting solutions worldwide, which protect container integrity, eliminate waste, and reduce shipping costs. The company specializes in a highly technical, automated integration of complex microporous membrane and other materials into plastic components and housings. PSI serves large, global, and growing markets, including: household cleaners and disinfectants; industrial cleaners and chemicals; consumer packaged goods; life sciences and laboratory; medical; agric