NJBiz

Member News — DAK’s Ari Fuchs Honored in NJBIZ 2018 Forty Under 40 Awards Program

Ari Fuchs has been named a winner in the 2018 NJBIZ Forty Under 40 awards program – an awards program that honors men and women under the age of 40 who have been making headlines in their field and who share a commitment to business growth, professional excellence and the community.

Member News — DAK’s Ari Fuchs Honored in NJBIZ 2018 Forty Under 40 Awards Program Read More »

NJBiz 40 Under 40

NJBIZ Announces the Winners of New Jersey’s 2018 Forty Under 40 Awards Program

Ari Fuchs has been named a winner in the 2018 NJBIZ Forty Under 40 awards program. The Forty Under 40 awards program honors men and women under the age of 40 who have been making headlines in their field and who share a commitment to business growth, professional excellence and their community. To qualify, a

NJBIZ Announces the Winners of New Jersey’s 2018 Forty Under 40 Awards Program Read More »

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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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