Lutz M&A Advises Midwest Door & Hardware on Recent Sale
BRAD LEHL, MERGERS & ACQUISITIONS MANAGER
Lutz M&A announced that it served as the exclusive financial advisor to Midwest Door & Hardware in connection with its recent sale to a private investment group. The transaction closed on Nov. 30, 2015. Lincoln-based Midwest Door & Hardware is a fabricator and distributor of steel doors, wood doors and hardware used in various commercial, industrial and institutional industries.
Richard Selig, president of Midwest Door & Hardware, stated, “We are extremely excited about our sale, as the new owners represent an excellent fit with our employees in terms of culture and capabilities. They bring a new vision to our business that is full of exciting opportunities.” The acquisition is not expected to materially change the business. “Midwest Door is known for high-quality products and unsurpassed customer service,” said a representative from the ownership group. “We will continue to deliver what Midwest Door customers have come to expect.”
Commenting on the transaction for Lutz M&A, Bill Kenedy said, “We are proud to have represented Midwest Door & Hardware on its recent sale transaction. The company’s products and relationships make it exceptionally well-positioned within its markets. We welcomed the opportunity to represent them and wish them and their employees continued success with their new opportunities ahead.” On working with Lutz M&A, Richard Selig of Midwest Door noted, “We’re very pleased with the guidance, insights and professionalism that Lutz M&A provided throughout the course of this deal, as well as the outcome of their efforts.”
About Lutz M&A, LLC: Lutz M&A is a Nebraska-based mergers and acquisitions advisory firm, serving lower middle-market businesses in the Midwest across a range of industries. Lutz M&A is committed to providing its clients with a comprehensive, skilled and professional marketing process not typically available to smaller market companies.
About Midwest Door & Hardware, LLC (MDH): Lincoln-based MDH is a fabricator and distributor of steel doors, wood doors and hardware used in the commercial, industrial and institutional industries. The company markets its products and services through a network of architects and commercial construction contractors throughout the Midwest.
ABOUT THE AUTHOR
BRAD LEHL + MERGERS & ACQUISITIONS MANAGER
Brad Lehl is a Merger & Acquisitions Manager at Lutz with over 20 years of related experience. He specializes in M&A advisory services, primarily seller representation, from engagement to close.
AREAS OF FOCUS
- Mergers & Acquisitions
- Seller Representation
- Advisory Services
AFFILIATIONS AND CREDENTIALS
- Association for Corporate Growth – Nebraska Chapter, Member
- Alliance of Merger & Acquisition Advisors, Member
- Certified Merger & Acquisition Advisor
- BS in Finance, University of Nebraska, Lincoln, NE
- MBA in Finance, University of Chicago Booth School of Business, Chicago, IL
- Certificate in Private Capital Markets, Pepperdine University, Malibu, CA
- Youth Sports Coach
- Junior Achievement Volunteer
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