Translink is pleased to announce that Peakstone, its partner firm in the United States, served as advisor to Lamination Specialties Corporation (“LSC” or the “Company”) in connection with its sale to Union Partners. Founded in 1956 in Chicago, IL, LSC is a leading value-added North American manufacturer of electrical steel laminations for a variety of industries and applications. The Company’s state-of-the-art manufacturing facilities and broad product portfolio serve a wide range of domestic and international customers.
Union Partners is a hands-on, full-service metals and logistics company with integrated facilities located throughout the United States providing steel service centers and distribution, metals processing and logistics services. Founded by families with multi-generational experience in steel, real estate, and logistics, Union Partners prides itself on combining the integrity of family-owned businesses with the innovation of entrepreneurial ventures.
“Peakstone’s thoughtful guidance and dedication throughout the entire process were critical to achieving a very successful outcome that met all of our transaction objectives,” noted Mike Gibney, CEO of LSC. “We are excited about our new partnership with Union Partners and look forward to continuing to execute LSC’s strategic growth initiatives.”
Terms of the transaction were not disclosed.