Cleary Gull Inc. is pleased to announce the sale of American Finishing Resources, LLC (“AFR”), a portfolio company of Brass Ring Capital, Inc., to DuBois Chemicals, Inc. Cleary Gull acted as exclusive financial advisor to AFR.

AFR (www.afrnow.com), located in Chilton, Wisconsin, is the largest provider of industrial coating (paint, powder, etc.) removal services and custom engineered paint line fixtures in the Midwest. For over 31 years, AFR has enabled industrial customers to maximize paint line transfer efficiency and throughput.