Gamut Capital Management Acquires Davis-Standard from ONCAP
November 9, 2021
Gamut Capital Management has signed a definitive agreement to acquire Davis-Standard, LLC from ONCAP (the middle-market private equity platform of Onex). Davis-Standard, a Pawcatuck, Connecticut–headquartered designer and manufacturer of extrusion and converting systems with more than 1,400 employees worldwide, will be positioned for accelerated growth and expanded aftermarket and process-solutions capabilities under Gamut's ownership. Financial terms were not disclosed; the deal was expected to close in Q4 2021.
- Targets
- Davis-Standard, LLC
- Sellers
- ONCAP, Onex Corporation
- Industry
- Manufacturing
- Location
- Connecticut, United States
- Transaction Type
- Buyout
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