About the Deal
HELGESEN INDUSTRIES, headquartered in Hartford, Wisconsin, designs and manufactures highly-engineered metal fabrications, with specialized expertise in hydraulic fluid conditioning and filtration devices for diverse mobile equipment applications. With nearly 400 skilled employees, Helgesen operates globally through its presence in North America, Poland, and Brazil.
STANDARD IRON, headquartered in Monticello, Minnesota, is a heavy metal fabricator with a core focus on complex and heavy-duty parts and assemblies. With five strategically located manufacturing facilities across the Midwest, Southeast, and Mexico, its products and capabilities serve leading OEMs in a variety of end markets, including agriculture, power generation, construction, and HVAC, among others.
OWNER RESOURCE GROUP, based in Austin, Texas, is a private equity firm that invests in manufacturing, distribution, and business service companies in support of future growth. The combination of Helgesen and Standard Iron expands the company’s operating footprint, diversifies the product offering, and adds talent and innovation.
BRIDGEWOOD ADVISORS initiated this transaction, assisted in negotiations, and acted as exclusive financial advisor to Helgesen Industries.