Palm Peak Capital Acquires Domaille Engineering

October 7, 2025

Palm Peak Capital, a lower‑middle market private equity firm, has acquired Domaille Engineering, a Rochester, Minnesota–based maker of advanced equipment and accessories for producing pre‑terminated fiber optic cables, in a corporate carve‑out from ADDMAN Engineering. Stellus Capital Management provided senior unitranche financing and an equity co‑investment to support the transaction; D.A. Davidson served as Palm Peak's financial advisor and Lincoln International advised Domaille.

Buyers
Palm Peak Capital, LLC, Stellus Capital Management, LLC
Targets
Domaille Engineering
Sellers
ADDMAN Engineering
Industry
Manufacturing
Location
Minnesota, United States
Transaction Type
Buyout

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