Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of Lockwood Manufacturing Co. to Brattle Technologies. The acquisition closed August 8, 2025.

Headquartered in Livonia, Michigan, Lockwood Manufacturing Co. designs and manufactures durable aluminum and steel-based equipment for foodservice, hospitality, healthcare, industrial and laboratory industries. Its products include racks, cabinets, carts, heat units and material handling equipment. Lockwood also serves as the OEM manufacturing partner for a variety of companies selling industrial and scientific appliances. With full in-house design and fabrication capabilities such as laser cutting, robotic welding, powder coating and electrical component assembly, Lockwood provides tailored solutions focused on quality, reliability, and long-term performance.

Prior to its sale to Brattle Technologies, the company was owned by Mr. David Lamson, CEO. Going forward, Mr. Matt Phillips has been promoted from President of Lockwood to CEO, while Mr. Lamson will join Lockwood’s Board of Directors.

Based in Cambridge, Massachusetts, Brattle Technologies is a family-owned holding company of specialty businesses. Brattle takes a long-term approach to building successful companies by providing its subsidiaries with world class support and resources as part of a larger organization while fostering an entrepreneurial, customer-centric culture. Brattle is led by Jordan Haviland, CEO; Greg Mailey, Associate; and Jake Berger, Analyst.

After the closing, David Lamson said, “The entire team at Lockwood Manufacturing is thrilled to join the Brattle Technologies family and looks forward to a future of shared growth and innovation. Don Ho and Brennon Dunbar did a great job putting the deal together.”

Jordan Haviland said, “We are excited to join Mr. Lamson, Mr. Phillips, and the talented team at Lockwood. The company’s commitment to quality, customer service, and manufacturing excellence will remain at the heart of everything we do.”

Generational Group Senior Managing Director, M&A, Don Ho, with the support of Vice President, M&A, Brennon Dunbar successfully closed the deal. Mr. Ho is also supported by Executive Managing Director, M&A – Central Region, Michael Goss and is a member of his transaction group. Senior Managing Director, Brian Ault, and Senior M&A Advisor, Michael Querard, established the initial relationship with Lockwood Manufacturing.

“I am so thrilled to be able to help David Lamson achieve his goals of finding the right steward for his business that was originally created by his father. David valued his employees and their culture so much that this was our number one priority when searching for the right buyer. Brattle Technologies stood out, checked all the boxes, and exceeded our hopes and expectations,” said Mr. Ho.

Don Ho added, “This acquisition will bring additional expertise and resources to better serve Lockwood Manufacturing’s customers, while also creating new opportunities and enhancing the working environment for the employees.”

Ryan Binkley, CEO of Generational Group, stated, “This transaction reflects our commitment to creating strategic partnerships that deliver lasting value. We’re proud to have brought together two organizations that share a common vision and are positioned for long-term success.”

About Generational Group

Generational Group, headquartered in Dallas, TX, is a leading, award winning full-service M&A advisory firm. Generational has over 300 professionals across 16 offices in North America. The firm empowers business owners to unlock the full value of their companies through a comprehensive suite of services—including strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A advisory, digital solutions, and wealth management.

Celebrating its 20^th year, Generational has successfully closed over 1,700 transactions and has ranked #1 or #2 in all LSEG league tables for deals valued between $25 million and $1 billion in 2022, 2023, and 2024.

The firm was named 2024 USA Investment Banking Firm of the Year by the Global M&A Network and recognized as Investment Banking Firm of the Year by The M&A Advisor in both 2024 and 2022.

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