Performance Stamping Co., Inc. (“PSC”) provides metal stamping solutions for appliance, automotive, industrial, oil & gas, water treatment, utility, and other select markets. PSC services these industries through numerous capabilities including custom progressive die stamping, compound and blanking die stamping, as well as complimentary value-added engineering services. Based in suburban Chicago, the Company is well respected for its leading quality control measures and strong relationship management practices which have fostered many long-tenured customer relationships.
As this second-generation family-held business began to contemplate ownership’s future goals and objectives, the Company’s law firm recommended an introduction to Promontory. Promontory was engaged as the Company’s investment banker to first prepare the materials to market the business, followed by leading a confidential outreach process targeting both strategic acquirers and private equity buyers. After soliciting interest from multiple parties, Promontory helped negotiate a Letter of Intent between Promontory and Willis & Smith Capital, a Texas-based private equity firm. Promontory provided oversight throughout the buyer’s entire due diligence process expediting the overall closing timetable.


By Christopher Riegg
Christopher Riegg, CFA, CPA is the Founding Partner of Promontory Strategy Group (PSG), providing strategic and financial advisory support to privately held and family-owned businesses. He also co-leads Promontory Point Capital (PPC), the investment banking firm he co-founded in 2004, and is the creator of RieggInsights.com, a platform focused on strategic growth, value creation, and successful transaction outcomes.

