Deal Announcement
by Taureau Group
The team at Taureau Group, LLC is pleased to announce that our client, R&B Grinding Co., Inc. (“R&B”), has been acquired by an affiliate of Willis & Smith Capital, a private equity firm focused on lower middle market companies with up to $200M in annual revenue.
R&B, headquartered in Racine, Wisconsin, is a leading manufacturer of machined components to a variety of industrial customers, including Fortune 500 original equipment manufacturer (OEM) companies.
Several key members of R&B’s management team will continue managing various operating divisions, including Barb Lange of the Biddle Family. Founded by the Biddle Family in 1958, R&B has been a community pillar employing over 100 team members in its manufacturing campus.
Taureau Group, LLC advised R&B Grinding Co., Inc. on the transaction.