Michael Richmond

Michael Richmond

Managing Director
201-478-5272

Michael Richmond works directly with middle-market business owners as they explore the sale of their companies or consider an acquisition. His keen understanding of the mergers and acquisitions marketplace, combined with his experience working with diverse businesses in a wide range of industries, allows him to provide his clients with extensive transactional and strategic expertise. He has the insight and adeptness to assist entrepreneurs in determining the most advantageous method and most profitable time to exit their company.

Michael has a strong history of successfully guiding his clients through mergers and acquisitions and joint ventures in a broad range of industries, including manufacturing, distribution, health care, pharma, retail, and technology. Michael’s clients have benefited from his strategic advisory services and transactional proficiency. He is a skilled negotiator and works closely with his clients to obtain the maximum value for their companies.

In addition to his M&A expertise, Michael also heads the DAK Financing Advisory Group, where he brings over 20 years of experience in the banking industry, much of which involved collaborating with strategic and financial buyers, to determine optimum financing solutions for leveraged buyout transactions. Michael’s diverse background provides a unique foundation for his advisory services and affords his M&A clients an additional edge during negotiations.

Michael recently completed his term as President of the Exit Planning Exchange, NJ Chapter, a multidisciplinary association of professional advisors who work collaboratively on exit planning for their business owner clients. Michael has been quoted in Forbes, Middle Market Growth, NJ BIZ, President & CEO Magazine, and Axial Forum. Prior to joining DAK, he held senior management positions with Bank of America, LaSalle Business Credit, Fleet Bank, and NatWest. Michael holds Series 7 and 79 licenses. He received an MBA from New York University and his BA from Brooklyn College.

Contact Michael Richmond

    Michael Richmond Thought Leadership

    Business Succession Planning

    https://youtu.be/0l3a690bMsI?si=3Fa5W6kGjfeQBwu4 DAK’s, CEO, Alan Scharfstein, and Managing Director, Michael Richmond, joins Tannenbaum Helpern Syracuse & Hirschtritt LLP on a recent webinar for Business Succession Planning. ...
    Read More →

    The DAK Group Announces Sale of Tryco to Connecticut Spring & Stamping

    Expanding The Power of Precision Manufacturing Rochelle Park, NJ – The DAK Group, a leading investment bank specializing in middle-market mergers and acquisitions worldwide, announces ...
    Read More →

    Selling a Family Business: Legal, Financial, & Estate Planning Considerations

    DAK’s, Managing Director, Michael Richmond, joins Shenkman Wealth Management’s President Jonathan I. Shenkman, as a panelist for their Fall Webinar Series. Michael, along side Bernadette ...
    Read More →

    Should I Sell My Company in 2023 or Wait? What Can I Do To Be Ready?

    Should I Sell My Company in 2023 or Wait? What Can I Do To Be Ready?
    Read More →

    Business Exit Stories Podcast featuring Michael Richmond

    Business Exit Stories Podcast featuring Michael Richmond
    Read More →

    Business Exit Stories Podcast: Why A Company That Was Growing Exponentially Couldn’t Get Sold Part 1

    Business Exit Stories Podcast: Why A Company That Was Growing Exponentially Couldn't Get Sold Pt 1 featuring Michael Richmond
    Read More →
    Scroll to Top

    VCI – Emergency Vehicle Specialists recapitalized by Tightrope Capital & NewSpring Capital

    VCI is the preeminent full lifecycle sales and service provider of emergency ambulance solutions to first aid squads, EMS organizations, fire departments, hospital organizations, municipalities, and private medical transport companies in the Mid-Atlantic Region. VCI was recapitalized by private equity firms Tightrope Capital Partners and NewSpring Capital.

    DAK led a competitive, sell-side process for VCI, generating multiple offers from a wide range of strategic buyers and financial sponsors. By positioning the combination of VCI’s market leadership position, comprehensive services offering, strong manufacturer relationships, and robust backlog, DAK achieved an outstanding outcome for the company’s shareholders.

    The acquisition provides the shareholders of VCI an opportunity to accelerate its growth strategy by expanding its core ambulance business, building out the value-added segments of conversions and remounts, implementing operational improvements, and pursuing acquisitions with the help of its new partners. Tightrope and NewSpring have an opportunity to leverage VCI’s strong management team and operating platform to build a multi-regional player in emergency ambulance solutions.

    Skip to content