Acquiring Company
Golden Gate Capital
Acquired Company
DMC Power
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.
Quick answer
Golden Gate Capital is acquiring DMC Power, announced June 30, 2023.
- How much did Golden Gate Capital pay for DMC Power?
- The deal value was not disclosed.
- What does Golden Gate Capital do?
- Golden Gate Capital is a San Francisco-based private equity investment firm with over $19 billion in cumulative committed capital.
Source: Fundz verified event record.
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Who to call at Golden Gate Capital, and when
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Frequently asked
Who acquired DMC Power?
DMC Power was acquired by Golden Gate Capital. The deal was reported on June 30, 2023. Golden Gate Capital is a San Francisco-based private equity investment firm with over $19 billion in cumulative committed capital. Golden Gate Capital is privately held and operates in Financial Services.
When did Golden Gate Capital acquire DMC Power?
Golden Gate Capital's acquisition of DMC Power was reported on June 30, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does DMC Power do?
DMC Power designs and manufactures the highest quality connection systems for transmission, distribution, substation, and industrial projects. It is privately held, operating in Manufacturing.
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