Author name: Joan McGeough

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The DAK Group Announces Sale of Mayflower Sales to Gen Cap America

Rochelle Park, NJ – The DAK Group, a leading investment bank specializing in middle-market mergers and acquisitions worldwide, announces the sale of its client Mayflower Sales to Gen Cap America.  The DAK Group served as the exclusive investment banker and financial advisor to Mayflower Sales, initiating and managing the process. “Mayflower has formed a strategic

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DAK Announces Sale of Fortbrand Services, Inc. to Wincove Private Holdings

Rochelle Park, NJ – DAK, a leading investment bank specializing in middle-market mergers and acquisitions worldwide, announces the sale of its client Fortbrand Services Inc., headquartered in Plainview, New York, to Wincove Private Holdings, LP. DAK served as the exclusive investment banker and financial advisor to Fortbrand initiating and managing the process. Fortbrand’s owners have

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The DAK Group Announces Sale of Fortbrand Services, Inc. to Wincove Private Holdings

Rochelle Park, NJ – The DAK Group, a leading investment bank specializing in middle-market mergers and acquisitions worldwide, announces the sale of its client Fortbrand Services Inc., headquartered in Plainview, New York, to Wincove Private Holdings, LP. The DAK Group served as the exclusive investment banker and financial advisor to Fortbrand initiating and managing the

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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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