Westbourne Capital Companions LLC, in partnership with Monroe Capital LLC and different non-public buyers, has acquired a majority fairness stake in Harvey Vogel Manufacturing Co., a producer of complicated steel stampings and fabrications. Bob Verhey, Harvey Vogel Mfg.’s proprietor, stays as the corporate’s CEO and retains a big fairness stake within the enterprise.
Based in 1942 and headquartered in Woodbury, Minn., Harvey Vogel Mfg. employs almost 250 folks. The corporate focuses on hard-to-produce, tight-tolerance, appearance-focused elements for the aerospace, protection, medical, and industrial markets.
“Harvey Vogel represents an thrilling new chapter for Westbourne as we search to assemble the preeminent steel fabrication enterprise within the nation,” stated Rob Crisp, managing associate of Westbourne. “We sit up for aggressively buying and integrating companies with complementary capabilities and geographic areas to higher serve new and present prospects.”
