Baird's Investment Banking Group is pleased to announce the following transaction:

Date:
November 2021
Company:
Seaga Manufacturing, Inc.
Description:
Sale to Dominus Capital, L.P.
Sector(s):
Industrial
Baird served as the exclusive financial advisor to Seaga Manufacturing, Inc. on this transaction

Seaga Manufacturing, Inc. (“Seaga” or the “Company”), a portfolio company of CID Capital, Inc. (“CID”), was recently acquired by Dominus Capital, L.P. (“Dominus”). Terms of the transaction were not disclosed.

With over three decades of expertise, Seaga is one of the world's leaders in the manufacturing, design, engineering and sale of vending technologies and accessories. The Company’s inventory vending and dispensing solutions serve the industrial, water filtration, healthcare laundry and food & beverage markets. Seaga's intelligent, customized solutions enable customers to improve inventory management, demand planning, inventory costs and shrinkage, all while providing safer product access. Seaga is headquartered in Freeport, Illinois, with a global presence in the United States and India.

Founded in 1981, CID Capital is a private equity group that makes majority investments in high-quality lower-middle-market companies that have shown a consistent track record of success. For companies that have reached a performance level that finds them transitioning beyond being an entrepreneurial business CID delivers the planning experience, resources and capital to overcome critical constraints and build long-term value. CID is headquartered in Indianapolis, Indiana.

Dominus Capital is a leading middle-market private equity investment firm that focuses on management-led buyouts and growth capital investments in companies in the business services, light manufacturing and consumer sectors. Drawing on the experience, knowledge and network of its founders and a team of in-house operating executives, Dominus Capital works hand-in-hand with exceptional management teams to unlock the untapped potential of its portfolio companies. Dominus takes a long-term approach to investing and has a consistent and highly successful track record of achieving significant growth at its portfolio companies. Dominus is headquartered in New York, New York.

For additional information about this transaction, please contact:

Mike Barina +1-414-298-1885
Mike Lindemann +1-414-298-7408
Jon Fitzsimmons +1-414-298-2460
Doug Henry +1-312-609-7016
Matt Schultz +1-713-973-3885
Thomas Fetzer +49-69-1301-4920