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Golden Gate Capital To Acquire Dmc Power From Bridgepoint

Jun 30, 2023•over 2 years ago

Acquiring Company

Golden Gate Capital

Acquired Company

DMC Power

Angel InvestmentVenture CapitalFinanceFinancial ServicesManufacturing

Description

Golden Gate Capital, a leading private equity investment firm, today announced that it has entered into a definitive agreement to acquire a majority equity stake in DMC Power (“DMC” or the “Company”), a leading designer and manufacturer of proprietary connector technology systems for high voltage power infrastructure. Tony Ward will continue to lead the Company as Chief Executive Officer and will remain a significant shareholder. Financial terms of the transaction were not disclosed.

Company Information

Company

Golden Gate Capital

About

Golden Gate Capital is a San Francisco-based private equity investment firm with over $19 billion in cumulative committed capital. With a long-term investment philosophy, the principals of Golden Gate Capital have a long and successful 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. For more information, visit www.goldengatecap.com.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed