Milwaukee-based Klement’s Sausage Co. is for sale and could be sold as soon as today.
Sources familiar with the pending transaction said multiple parties are interested in acquiring the company, which is based on the city’s near south side at 207 E. Lincoln Ave.
Klement’s is being marketed for sale by a Minneapolis investment bank, sources said.
The potential interested buyers include Altamont Capital Partners, a Palo Alto, Calif.-based private equity firm, and a group of local investors led by veteran entrepreneur Andy Nunemaker, chief executive officer of West Allis-based Dynamis Software Corp. Nunemaker, who will receive a BizTimes I.Q. Award for innovation in business at the BizExpo on May 21, could not be reached for comment.
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