Fox Three Partners to acquire National Electronic Alloys from The DAK Group.

Fox Three Partners, an investment firm, agreed to acquire National Electronic Alloys, an operator of a specialty metal service center distributor company, from The DAK Group, an investment bank specializing in middle-market mergers and acquisitions worldwide. Financial terms were not disclosed. "The owner and management of National Electronic Alloys have monetized on an exceptional company founded and run by the family for three generations. By joining forces with Fox Three Partners this acquisition propels NEA to enter into the next growth phase for their internationally recognized brand," Len LaPorta, The DAK Group Managing Director.