The Lawton Standard Co. Acquires Northern Iron & Machine

The C.A. Lawton Co. Acquires Nidec Minster's Grey & Ductile Iron Foundry

July 8, 2020

Manufacturing

Nidec Minster Corporation sold its grey and ductile iron foundry to The C.A. Lawton Co., a portfolio company of Oakland Standard; the transaction closed on June 30, 2020. The foundry will operate under Oakland Standard’s Specialty Metals platform as a second location of C.A. Lawton; terms were not disclosed and Balmoral Advisors served as sell-side advisor to Nidec Minster.

The Lawton Standard Co. Acquires American Iron & Alloys (Versa-Bar)

November 10, 2022

Manufacturing

The Lawton Standard Co. has acquired American Iron & Alloys, LLC (AIA), a Waukesha, Wisconsin-based processor and distributor of continuous cast iron and bronze bar stock sold under the Versa-Bar brand. The purchase adds distribution and metal-processing capabilities to Lawton Standard’s foundry-focused platform and is intended to support growth of both AIA’s Versa-Bar business and Lawton’s foundry operations.

The C.A. Lawton Co. (Oakland Standard) Acquires Penn‑Mar Castings

February 4, 2021

Manufacturing

Oakland Standard Co.’s specialty metals platform, The C.A. Lawton Co., has acquired Penn‑Mar Castings, an iron foundry in Hanover, Pennsylvania. The acquisition adds a third iron foundry location to Lawton’s iron group, expanding capacity and broadening its castings capabilities for HVAC, pump/compressor and motor/generator end markets.

LFM Capital Acquires IronCraft, LLC; Northstar Provides Junior Capital

August 25, 2022

Manufacturing

LFM Capital completed a control investment in IronCraft, LLC (formerly Titan Implement) in November 2021, acquiring the East Tennessee manufacturer of agricultural implements and skid-steer attachments. Northstar Capital provided junior debt and an equity co-investment to help finance the transaction; founders Mike Turner and Baily Turner are stepping away from day-to-day roles.

Oakland Standard Company Acquires Damascus Steel Casting Company

April 1, 2020

Manufacturing

Oakland Standard Company, a private equity firm, has added Damascus Steel Casting Company to its specialty metals platform alongside Temperform and The C.A. Lawton Co. The add-on expands the platform's capabilities in steel and engineered castings (low- to medium-volume shell-mold production) and will be integrated under a new platform leadership team led by Alex Lawton.

Standard Iron Acquires Helgesen Industries

August 5, 2024

Manufacturing

Standard Iron, a heavy metal fabricator majority-owned by Owner Resource Group, has acquired Helgesen Industries, a manufacturer of fluid conditioning tanks and other engineered fabrications. The deal — an add-on to Standard Iron's platform — expands manufacturing capabilities and geographic footprint (Helgesen operates in Wisconsin, Poland and Brazil) and closed on August 2, 2024.