Quad Innovations of Brentwood, Tennessee has acquired Bristol-based Stoutco.
Founded in 1959, Stoutco specializes in the fabrication of metal parts for customers in the bus and cargo trailer industries. Its services include shearing, punching, laser cutting, forming, welding and assembly.
The company was founded by Dick Stout and a few investors. Brian Conwell, chief financial officer, and Ron Mason, president, partnered to purchase Stoutco in 2016. Mason and Conwell engaged Calder Capital’s Sell-Side team to move into retirement.
“I'm excited about the transaction and feel confident that the Quad team will take Stoutco to the next level of employee, customer and product growth,” said Mason, in a press release. “The Quad organization clearly shares the same values as me, Brian and our founder, Dick Stout. Dick would be proud. We truly believe employees and customers are in good hands and Stoutco will continue to be an employer and supplier of choice.”
Quad Innovations has over 70 years of experience in manufacturing, sales and operations, finance, real estate, M&A and legal strategy. The firm targets small to mid-size manufacturing companies with robust financial performance, strong management and growth potential.
Through the transaction, Stoutco gains increased geographic coverage and operational capacity, broader service and product capabilities and greater opportunities to recruit and retain talented employees.
“Our priority has always been to preserve Stoutco’s legacy of quality and customer service while ensuring a smooth transition for our employees,” Mason said in a press release.
Jason Welch, Quad Innovations co-founder and principal, expressed excitement about continuing Stoutco’s legacy and growing with the company.
