This past summer was a busy time for DAK. We completed six sell side transactions that spanned a variety of industries, from transportation and technology to materials, industrials, health care and consumer goods.
The DAK Team celebrated with a luncheon at headquarters in Rochelle Park, NJ.
Alan Scharfstein, President, complimented the group for their hard work and noted,
It is not just that we closed deals, it is that we have changed clients’ lives. We have made a real difference in how they will live and move forward with what they have earned from these transactions”
In reviewing what drove the closing of so many deals in such a short period of time we saw a few trends, owners were motivated by a variety of reasons, some liked the strong valuations they were offered, others were ready to move on to do something else, and some stayed on, but simply cashed out. There are still many active buyers both strategic and PE looking for solid middle market companies and willing to pay for the value – we anticipate this appetite to continue well into 2023.
Congratulations to every member of the Deal Team!
To learn more about any of the transactions please click on them below
VCI
Michael Richmond
Melvyn Threatt-Peters II
Mark LaVilla
TEquipment
Alan Scharfstein
Ari Fuchs
Mark LaVilla
National Electronic Alloys
Milton Kahn
Leonard LaPorta
Josh Andermarch
Cambridge Silversmiths, Ltd., Inc.
Alan Scharfstein
Ari Fuchs
Derek Zacarias
Alexander Slawinski
Focus Forward Skilled Care, LLC
Alan Scharfstein
Melvyn Threatt-Peters II
Alexander Slawinski
Machinery Services Corp. & Rapid Pump & Meter Service Co., Inc.
Leonard LaPorta
Melvyn Threatt-Peters II
Alexander Slawinski
Jesse Del Buono
