Cleary Gull Inc. is pleased to announce the sale of LBC Acquisitions, LLC d/b/a Lee Brass Company (“Lee Brass”), a portfolio company of Morris Capital Management, LLC, to an affiliate of The Reserve Group. Cleary Gull acted as exclusive financial advisor to Lee Brass in this transaction.

Lee Brass, located in Anniston, Alabama, is one of North America’s oldest and largest brass and copper based alloy foundries. Customers include distributors and original equipment manufacturers serving residential, industrial, naval, municipal water, and steam system markets.