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Golden Gate Capital To Acquire Dmc Power From Bridgepoint

PRIVATEJun 30, 2023

Acquiring Company

Golden Gate Capital

Acquired Company

DMC Power

Financial ServicesFinanceVenture CapitalAngel InvestmentManufacturing

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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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.

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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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.