Monomoy Capital Management, L.P. entered into a definitive agreement to acquire Waupaca Foundry, Inc. from Proterial, Ltd. on December 21, 2023. As part of the transaction Waupaca Foundry will continue to operate under its current management team, led by President, CEO, and COO Michael Nikolai. The transaction is subject to customary closing conditions and is expected to close in early 2024. BMO Capital Markets Corp. provided debt financing for the transaction. BMO Capital Markets Corp. acted as a exclusive financial advisor and Kirkland & Ellis LLP acted as a legal counsel to Monomoy. JPMorgan Securities LLC and Moelis & Company LLC acted as a financial advisors, and Ropes & Gray LLP acted as a legal counsel to Waupaca Foundry.

Monomoy Capital Management, L.P. completed the acquisition of Waupaca Foundry, Inc. from Proterial, Ltd. on March 5, 2024. Waupaca Foundry will continue to operate under its current management team, led by President, Chief executive officer, and Chief Operating Officer Michael Nikolai. The Monomoy team looks forward to collaborating with the Waupaca Foundry team to foster the ongoing expansion of this longstanding industry leader.