Craft Cast Company, Inc.

Investment Date
October 2008

Situation Type
Special Situation

Keystone was brought in to assess purchasing the limited partner interests of a private equity fund that was ceasing investment operations. Ultimately, Keystone acquired the going concern businesses of the fund in a highly complex transaction which involved performing due diligence, negotiation with incumbent lenders, and acquisition documentation in a time frame of less than 45 days.

Headquarters
Jackson, WI

President/CEO
Al Scargall

Products
Investment castings in a variety of alloys (including stainless steel, aluminum, and others), as well as value-added machining and finishing services

Customer Base
Original equipment manufacturers (OEMs) in the consumer products, mining, and general industrial product industries

Interesting Fact
Manufactured the prominent statue outside of the National Speed Skating Museum and Hall of Fame in Milwaukee, WI

Investment, sand, and die casting operations

Value-added machining and services capabilities

Manufacturers of other precision metal components

Keystone Capital Contact
Jason S. Van Zant

“AS AN INTERMEDIARY, KEYSTONE’S THOUGHTFULNESS, FLEXIBILITY AND PATIENCE THROUGH A CHALLENGING DEAL PROCESS PROVED EXTREMELY VALUABLE IN THE GRANNY’S KITCHENS TRANSACTION.  THEIR STRATEGY AND SPEED TO CLOSE IS HIGHLY UNIQUE AMONGST THEIR PEER SET, AND WHEN THEY SAY THEY ARE GOING TO DO SOMETHING – THEY DO IT. I LOOK FORWARD TO WORKING WITH THEM AGAIN IN THE FUTURE.”

- PAUL SCHAYE, MANAGING DIRECTOR, CHESTNUT HILL PARTNERS, LLC

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