In a highly strategic transaction, DAK Announces the acquisition of Beacon Looms by 1888 Mills. The third-generation family owned manufacturer of home textiles, including window treatments, faced an issue of family succession. The DAK Group led a competitive process to identify an appropriate corporate buyer. The resulting sale to 1888 Mills, a manufacturer of towels, bedding […]
Beacon Looms acquired by 1888Mills Read More »
The DAK Group is pleased to announce the strategic acquisition of its client Retrotech, Inc., a privately held leading engineering services firm specializing in warehouse automated storage and retrieval systems (AS/RS). Retrotech was acquired in its entirety by Savoye, a subsidiary of Groupe Legris, a $500 million diversified industrial company based in Rennes, France. The DAK Group
French Suitor Invests to Strengthen U.S. Foothold Read More »
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.
