Mergers & Acquisitions
Lincolnshire Management Inc., a private equity firm focused on investing in and acquiring middle-market companies, has acquired Banker Wire, a wire mesh product manufacturer.
Founded in 1986 and headquartered in Mukwonago, Wis., Banker Wire is focused on the manufacturing of woven and welded wire mesh products for the industrials, architectural and other segments. The company offers custom and stock products for both functional and decorative applications, selling through both distributors and original equipment manufacturers (OEMs). Banker Wire’s customers include companies in the architectural and transportation sectors, pet and animal caging producers and data center racking makers.
“Under Lincolnshire’s stewardship, we believe Banker Wire can aggressively grow sales, maintain strong margins through executing on operational efficiencies and grow organically in its existing and adjacent markets,” says George Henry, Lincolnshire Management managing director. “We also believe inorganic growth initiatives can position Banker Wire for expansion into the high-margin filtration, border fencing, and mining markets.”
Lincolnshire was advised by Loeb & Loeb. The Taureau Group acted as financial advisor to Banker Wire, while Godfrey & Kahn provided legal advice.