Alan Scharfstein Honored by Jewish Family & Children’s Services of Northern New Jersey

Rochelle Park, NJ – DAK is pleased to announce that our founder and president, Alan Scharfstein, was honored by the Jewish Family & Children’s Services of Northern New Jersey at the Annual Gala on November 18 at the Edgewood Country Club.

Alan was honored for his devotion to helping JFCS create a stronger and healthier agency in very meaningful ways.

Scharfstein has held numerous leadership roles at the Jewish Federation of Northern NJ, including as its president from 2008-2011. During that time, he was responsible for a number of initiatives that changed the face of the Federation and its strategic direction.

In addition to Alan, Shira Feuerstein and Jayne Petak were both honored for their dedication and impact to the organization.

About Jewish Family & Children’s Services
Jewish Family & Children’s Services touches thousands of people who are struggling in innumerable ways. From Mental Health and Senior Services to Emergency Support Services to, Food Pantry, to Career and After-School Childcare Programs, JFCS continues to be the community safety net. With a highly skilled team that affords confidential, compassionate and highly effective services to people of all ages, JFCS provides professional social services of the highest caliber.


About DAK

DAK is a leading investment bank serving mid-market privately held businesses in the areas of mergers and acquisitions, business sale, financial restructuring, bankruptcy, capital advisory, valuations and fairness opinions. Since 1984, DAK has executed hundreds of transactions across a wide range of industries. The DAK Value Accelerator is the propriety process that allows clients to maximize the value of their business.  DAK is headquartered in Rochelle Park, NJ with an office in Philadelphia.

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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.

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