Strait Lane has sold Griswold to Rogers Corporation
Lincoln International (“Lincoln”), a leading global mid-market investment bank, is pleased to announce that it has represented Strait Lane Capital Partners (“Strait Lane”) in the sale of Griswold LLC (“Griswold” or the “Company”) to Rogers Corporation (NYSE:ROG). Terms of the transaction were not disclosed.
Headquartered in Moosup, Connecticut, Griswold is a leading manufacturer of a wide range of high-performance engineered cellular elastomer and microcellular polyurethane products and solutions. For over 65 years, Griswold has built its business by collaborating with its customers to fabricate customized solutions to meet their most intricate design requirements. The Company’s engineers help create effective solutions to meet unique functional requirements for a wide range of applications, including gasketing, sealing and cushioning. Griswold develops, formulates and manufactures continuous rolls of high-performance specialty polymers for a diverse group of end markets, including consumer products, electronics, automotive and general industrial. For more information, please visit www.griswoldllc.com.
Lincoln acted as the exclusive financial advisor to Griswold and Strait Lane, working closely with its shareholders and management team throughout the sale process. This included providing advisory expertise and managing the preparatory, marketing, negotiation and due diligence phases of the transaction.
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