24.12.2018 12:01:00
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Generational Equity Advises K-Fab in Sale to DPMS
DALLAS, Dec. 24, 2018 /PRNewswire/ -- , a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, K-Fab Inc., to DPMS. The acquisition closed November 29, 2018.
Founded in 1980, operates a 22,000-square-foot precision machine shop making parts for a variety of end markets including military, semiconductor, and aerospace industries. The company is certified to ISO 9001:2015 and has a committed focus to high quality and on-time delivery. Services provided include finishing and coating, welding and bonding, honing, grinding, lapping, heat treating, chemical cleaning, and NDT and destructive testing.
For over 30 years has provided the highest level of service and product quality to its customers by providing a wide range of precision machining solutions. DPMS is well equipped to deliver complex machine tooling projects, design for manufacturability assignments, assembly services, and precision machining projects on time. DPMS is a portfolio company of Gladstone Investment Corporation.
("Gladstone") is a publicly traded business development company focused on acquiring mature, lower middle market companies with $20 to $100 million in revenue, attractive fundamentals, and strong management teams. Investing alongside both management teams and independent sponsors, Gladstone typically provides most, if not all, of the equity and debt capital required to close a transaction, which greatly increases certainty and speed of closing. Additionally, as a publicly traded fund, it differs from other private equity funds in that it has no partnership end-of-life deadlines and can provide truly patient, long-term capital.
Senior M&A Advisor Jim Hermann, supported by Managing Director Mike Meredith, carried the deal to a successful close. Senior Managing Director Tom Braun established the initial relationship with K-Fab.
"This transaction had a lot of moving parts, which caused it to take longer than normal to close," said Hermann. "However, due to the cooperation of all the parties it ended with a positive result for everyone."
About Generational Equity
, (member FINRA/SIPC), and are part of the , which is headquartered in Dallas and is one of the leading M&A advisory firms in North America.
With over 250 professionals located throughout North America, the companies help business owners release the wealth of their business by providing merger, acquisition, and strategic growth advisory services. Their four-step approach features exit planning education, business valuation, value enhancement strategies, and M&A transactional services.
The M&A Advisor named the company the 2016, 2017 and 2018 Investment Banking Firm of the Year. For more, visit the or the .
For more information:
Carl Doerksen
972-232-1125
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SOURCE Generational Equity
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