Deal Details
Golden Gate Capital Acquires DMC
Summary
Golden Gate Capital recently completed its acquisition of a majority stake in DMC Power (“DMC” or the “Company”) from Bridgepoint, a global private equity firm. Financial terms of the transaction were not disclosed.
Baird served as exclusive financial advisor to Golden Gate Capital on this transaction
About
Golden Gate Capital is a San Francisco-based private equity firm with over $19 billion in cumulative committed capital. With a long-term investment philosophy, the principals of Golden Gate Capital have a long history of investing across a wide range of industries and transaction types, including going-privates, corporate divestitures, and recapitalizations, as well as debt and public equity investments.DMC is a leading designer and manufacturer of a high-quality proprietary Swage Connector System for high voltage power infrastructure, including transmission, distribution, substation, and industrial applications. DMC’s unique Swage system, comprised of custom designed Power Connectors and a patented 360° Radial Swage Tool, has helped utilities around the world finish their projects with just the push of a button.
The Company operates two manufacturing facilities in Carson, California and Olive Branch, Mississippi, along with multiple distribution facilities strategically located across North America. With a team of over 250 employees, DMC is also a category leader in employee health and safety and environmental sustainability. DMC is headquartered in Carson, California.
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- Date
- July 2023
- Company
- Golden Gate Capital
- Transaction
- M&A - Buyside
- Sectors
- Industrial
- Verticals
-
Machinery & Equipment
- Target Geography
- North America
- Acquiror Geography
- North America
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