trending Market Intelligence /marketintelligence/en/news-insights/trending/jXDuKFdwjFtoUtdfNwmO7g2 content esgSubNav
In This List

Luther King Capital's PE arm, affiliates to boost stake in Lawson Products

Blog

Banking Essentials Newsletter: July 10th Edition

Blog

Enabling Growth in the EMEA Loan Market

Podcast

Masters of Risk | Episode 12 - Women's Panel

Blog

Banking Essentials Newsletter: June 26th Edition


Luther King Capital's PE arm, affiliates to boost stake in Lawson Products

Luther King Capital Management Corp.'s private equity arm, LKCM Headwater Investments, and its other affiliates are increasing their stake in Lawson Products Inc. to about 48% from approximately 29%.

An affiliate of LKCM agreed to pay $32 per share to acquire the remaining 1,713,787 Lawson common shares owned by Ronald Port and James Errant, who are members of the company's founding family, as well as their affiliates and related parties.

Lawson will not receive any proceeds from the sale, scheduled to close early in the first quarter of 2019.

Chicago-based Lawson sells specialty products to the industrial, commercial, institutional and government maintenance, repair and operations markets.