Announced
Completed
Financials
Tags
Single Bidder
aftermarket products
Friendly
Majority
packaging solutions
United States
Private
Acquisition
Machinery: Industrial
Private Equity
Domestic
Completed
Synopsis
Gamut Capital, a New York-based middle market private equity firm, completed the acquisition of Davis-Standard, a supplier of extrusion and converting systems and related aftermarket products and services for the rigid packaging, flexible packaging and infrastructure end-markets, from ONEX, an investment manager, for $75m. "We are excited to partner with the Gamut team during this next phase of Davis-Standard’s long history as a provider of highly engineered solutions to an extensive base of industry-leading customers. The resources Gamut brings to this investment will enable us to not only accelerate growth within our markets but also transform Davis-Standard into a leading, value-added global process solutions business," Jim Murphy, Davis-Standard CEO.
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