May 01. 2012 9:00AM - Last modified: May 01. 2012 9:43AM

Promontory Point advises in QuickCable transaction

Promontory Point Capital, a Milwaukee investment banking boutique, has served as financial advisor for QuickCable, which was recently acquired by Tonka Bay.

QuickCable, based in Franksville, Wis., makes and distributes battery connectors, cable, cable assemblies and tools that connect energy sources to energy needs.
Promontory Point was able to gather several interested parties while assisting QuickCable with the ownership transition. Tonka Bay Equity Partners proved to be the best choice, and plans to keep the management team in place while growing QuickCable.