Cleary Gull Inc. is pleased to announce the sale of Pacific Steel Casting Company to Speyside Equity. Cleary Gull acted as exclusive financial advisor to Pacific Steel.

Pacific Steel, founded in 1934 and based in Berkeley, California, makes carbon, low-alloy and stainless steel castings for U.S. and international customers, mainly for heavy-duty trucks, oil drilling construction equipment and other heavy industrial end markets. The company currently employs 430 employees and generates close to US $100 million in revenue in three plants at its Berkeley site.