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

Date:
December 2021
Company:
Davis-Standard, LLC
Description:
Sale to Gamut Capital Management, L.P.
Sector(s):
Industrial
Baird served as financial advisor to Davis-Standard, LLC on this transaction

Davis-Standard, LLC (“Davis-Standard” or the “Company”), a portfolio company of ONCAP, has recently agreed to be acquired by Gamut Capital Management, L.P. (“Gamut”). The transaction closed in December 2021. Terms of the transaction were not disclosed.

Davis-Standard is a leading supplier of extrusion and converting systems and related aftermarket products and services for the rigid packaging, flexible packaging and infrastructure end-markets with an installed base of approximately $7.5 billion of equipment globally. Founded in 1848, Davis-Standard’s systems encompass over 11 product lines to support manufacturing applications and customers in a wide variety of industries, including automotive, building & construction, consumer products, medical and packaging. Davis-Standard is headquartered in Pawcatuck, Connecticut.

ONCAP is the mid-market private equity platform of Onex. In partnership with operating company management teams, ONCAP invests in and builds value in North American headquartered small- and medium-sized businesses that are market leaders and possess meaningful growth potential.

Gamut is a private investment firm managing $1.5 billion in assets focused on the middle market. Founded in 2015, Gamut’s senior deal professionals have executed investments in over 50 companies in North America and Europe. Gamut is headquartered in New York, New York.

For additional information about this transaction, please contact:

Trish Renner +1-303-270-6347
Mike Lindemann +1-414-298-7408
Tom Lacy +1-414-298-7648
Mike Barina +1-414-298-1885
Thomas Fetzer +49-69-1301-4920
Satoshi Matsumoto +1-646-557-3201