Le Sueur Incorporated Expands with Acquisition of Craft Pattern and Mold

Le Sueur Incorporated (LSI), a leading supplier of complex aluminum castings, machined castings, and plastic injection molded components, has recently completed the acquisition of Craft Pattern and Mold. Craft, a rapid prototyping and metal/plastics component manufacturer, brings over 30 years of industry experience to the table. This strategic acquisition will enable LSI to enhance its service offering and meet the growing demands of its customer base.

"We are thrilled to welcome the Craft team as we continue to develop and expand our company," said Greg Paolini, President & CEO at LSI. "Craft's expertise and capabilities perfectly align with our goals of providing top-quality products and services to our customers."

With Craft's addition, LSI will be able to offer an end-to-end service solution to its customers. The acquisition is seen as highly complementary and is expected to accelerate LSI's growth and success. Jordan Mondshine, Principal at Delos Capital, the portfolio company of LSI, expressed excitement about the partnership with Craft and the potential for future collaboration.

Tony Cremers, Craft's President and Owner, also shared his enthusiasm for the acquisition. "Craft Pattern is excited to partner with LSI and Delos Capital, as we believe it opens up new growth opportunities for both companies. This collaboration is a recipe for continued success."

The acquisition was supported by Silverfern, a global middle-market investment management firm, which provided an equity investment. Ironwood Capital and Genesis Park also contributed debt and equity investments to facilitate the transaction.

About Le Sueur Incorporated

LSI, headquartered in Le Sueur, MN, specializes in complex and pressure-tight aluminum castings and plastic injection molding components. The company utilizes various manufacturing processes, including permanent mold, sand casting, die casting, plastic injection molding, and precision machining. Their dedicated engineering team ensures the most efficient and cost-effective manufacturing methods for their customers. For more information, visit [https://www.lesueurinc.com/](https://www.lesueurinc.com/).

About Delos Capital

Delos Capital is a lower middle-market private equity firm that focuses on management buyouts, recapitalizations, and growth investments. Their expertise lies in partnering with companies to drive sustainable growth. To learn more, visit [www.deloscap.com](http://www.deloscap.com).

About the Silverfern Group

Silverfern is a global middle-market investment management firm that provides strategic capital to companies across various industries. Their goal is to help businesses achieve long-term success and maximize value. For additional information, visit [www.silfern.com](http://www.silfern.com).

In conclusion, Le Sueur Incorporated's acquisition of Craft Pattern and Mold marks an exciting milestone for both companies. Through this partnership, LSI aims to strengthen its capabilities, expand its service offering, and better serve its growing customer base. The support from Silverfern, Ironwood Capital, and Genesis Park further solidifies the potential for future success. As LSI and Craft join forces, they are poised to take the next step in their journey towards industry leadership and innovation.