Balmoral Funds Affiliate Acquires DWFritz Automation from Sandvik AB
September 30, 2024
An affiliate of Balmoral Funds LLC has acquired DWFritz Automation, LLC from Sandvik AB. Balmoral will partner with industry veterans Michael Pacione, Paul Cihak, Tyler McCoy, and Jason Darley to operate DWF as an independent precision automation and metrology company and invest in technology, commercial expansion, and growth.
- Buyers
- Balmoral Funds LLC (affiliate), Michael Pacione, Paul Cihak, Tyler McCoy, Jason Darley
- Targets
- DWFritz Automation, LLC
- Sellers
- Sandvik AB
- Industry
- Manufacturing
- Location
- Oregon, United States
- Transaction Type
- Buyout
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