Deal Details
Recapitalization by Kanders & Company, Inc.
Summary
Baird served as the exclusive financial advisor to DHS Technologies LLC and Kanders and Company, Inc.
About
Warren B. Kanders, through an affiliate of Kanders & Company, Inc. (“Kanders”), recently entered into a definitive agreement to acquire a controlling interest in DHS Technologies LLC (“DHS”). Kanders acquired its controlling interest by purchasing shares directly from selling management shareholders, primarily Jon Prusmack, DHS’ founder, and an investment fund affiliated with The Carlyle Group. Terms of the transaction were not disclosed.DHS is a manufacturer of mobile infrastructure systems under the Deployable Rapid Assembly Shelter (“DRASH”) brand. DRASH features the patented quick erect/strike soft-walled shelter. DHS offers 64 models in a variety of sizes including over 20 support trailer systems with multiple integrated utility packages, which provide power and environmental control, plus accessories to support the systems. DHS products provide applications in tactical operation centers, vehicle maintenance and workshops, medical and life support, unmanned aerial vehicle hangers and control centers, satellite support systems and mortuary units. DHS customers include the U.S. government and armed forces followed by the international market. DHS was founded in 1988 and is based in Orangeburg, New York.
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- Date
- December 2012
- Company
- DHS Technologies LLC
- Transaction
- M&A
- Sectors
- Industrial
- Target Geography
- North America
- Acquiror Geography
- North America
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