Press Release

AmesburyTruth Divests Assets of Schlegel Specialty Products to Right Lane Capital LLC

MINNEAPOLIS (March 21, 2019) – Baker Tilly Capital, LLC (Baker Tilly Capital), a boutique investment bank for middle-market businesses, announces the successful divestiture of Schlegel Specialty Products (Schlegel) for its client Amesbury Industries, Inc. (d/b/a AmesburyTruth) to Right Lane Capital LLC (Right Lane Capital).

Headquartered in Minneapolis, AmesburyTruth is a leading supplier of engineered components to the door and window industry with manufacturing facilities across the U.S. The company is a wholly-owned subsidiary of Tyman plc, a United Kingdom-based supplier of components in the fenestration industry.

Schlegel Specialty Products is a manufacturer of specialty woven and extruded plastic products for automotive, aerospace, office equipment, transportation and heavy industrial applications. Located in Rochester, New York, the company is a product line of AmesburyTruth.

Baker Tilly Capital served as the exclusive advisor to AmesburyTruth in connection with this non-core divestiture of its Schlegel business, developing and implementing a process to market the company to targeted strategic and financial buyers. Ultimately, Right Lane Capital was identified as a strategic buyer to acquire Schlegel due to its extensive experience acquiring non-core divestitures and expediency to close the transaction. Further, Right Lane Capital will keep operations in Rochester and retain nearly all employees.

“When we identified Schlegel to be non-core to our building aperture strategy, we decided it was necessary to proceed with a divestiture of the business,” Jeff Johnson, chief financial officer of AmesburyTruth, said. “Right Lane Capital was the right partner for this transaction, providing a renewed focus on growth for the Schlegel business while maintaining the business’s operations and employees in the Rochester area, which was important to us.”

“Our team’s deep understanding of the manufacturing industry uniquely positioned us to advise AmesburyTruth on the potential transaction up front and then mobilize quickly to bring the opportunity to market,” Lisa Van Lieshout, managing director with Baker Tilly Capital, said. “In Right Lane Capital, AmesburyTruth found the right buyer to enhance Schlegel’s growth trajectory, all while achieving the objectives they set out at the beginning of the sale process.”

To learn more about Baker Tilly Capital’s investment banking services, visit

Baker Tilly Capital, LLC disclosure >
Baker Tilly Capital, LLC privacy policy >
Baker Tilly Capital, LLC social media disclaimer >

About Baker Tilly US, LLP (

Baker Tilly US, LLP (Baker Tilly) is a leading advisory, tax and assurance firm whose specialized professionals guide clients through an ever-changing business world, helping them win now and anticipate tomorrow. Headquartered in Chicago, Baker Tilly, and its affiliated entities, have operations in North America, South America, Europe, Asia and Australia. Baker Tilly is an independent member of Baker Tilly International, a worldwide network of independent accounting and business advisory firms in 145 territories, with 34,700 professionals. The combined worldwide revenue of independent member firms is $3.6 billion. Visit or join the conversation on LinkedIn, Facebook and Twitter.