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The DAK Group Welcomes Lou Monari

Ridgewood, NJ – The DAK Group, a boutique investment bank specializing in serving the M&A needs of middle market companies, announced that Lou Monari has joined the firm as Principal.

Mr. Monari is a trusted advisor to business owners and executives. With decades of experience spanning entrepreneurship, corporate leadership, business development, and turnaround strategies, he brings a practical, solutions-oriented approach to business. He most recently led business development efforts at Aon Risk Solutions where he worked with middle market, startup, and Fortune 500 clients. Lou is also a founding member of ACG New Jersey.

“I’ve known Lou for years and have consistently seen his talent for turning complex challenges into smart, strategic action for his clients. We are excited that he has joined the DAK team as we enable business owners to maximize and realize the value of their companies “said Alan Scharfstein, CEO and President of The DAK Group.

“I’ve long respected The DAK Group and am thrilled to join such a dedicated and experienced team,” said Lou Monari. “I’m eager to bring my expertise to work with business owners, guiding them through pivotal transitions and helping them achieve the strongest possible outcome for their business.

Click here to learn more about Lou Monari!

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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.