Cleveland, Ohio (April 11, 2008) Emprise Partners announces that its client, DCM Manufacturing, Inc., a Dreison International Company, has successfully completed the acquisition of the Mobile Products division of Revcor Molded Products Company, Haltom City, Texas. Emprise Partners initiated this transaction and acted as the exclusive financial advisor to DCM Manufacturing, Inc. and Dreison International, Inc.
John Berger, President of Dreison said, “Emprise Partners played a key role in helping us accomplish our acquisition objective—acquiring DCM Manufacturing’s largest United States based competitor. Mathew Hanson of Emprise Partners, initiated contact with Revcor several years ago, and has worked along with our management team since then to complete this strategically important acquisition.”
Dreison International, Inc. is a private holding company based in Cleveland, Ohio whose operating subsidiaries include DCM Manufacturing, and Maradyne Corporation. Dreison manufactures proprietary component products that are marketed to both original equipment manufacturers and the aftermarket in the non-automotive transportation industry. Dreison’s component products are used on mobile equipment such as heavy-duty trucks, buses, off-road vehicles, construction equipment, mining equipment, agricultural equipment, and industrial equipment. For more information, visit the Dreison International website at www.dreison.com.
DCM Manufacturing, Inc. is a manufacturer of component products for heating, ventilating and air conditioning for mobile equipment such as heavy-duty trucks, buses, off-road vehicles, construction equipment, mining equipment, and agricultural equipment. DCM’s products include fractional horsepower wound field and permanent magnet DC motors, axial fans, radial blowers, heaters and dash fans. For more information, visit the DCM Manufacturing website at www.dcm-mfg.com.
The Mobile Products Division of Revcor Molded Products Company is a manufacturer of axial fans, blowers, air movement plastics, motors and louver products. The parent company, Revcor, Inc. is an industry leader in the design and manufacture of air moving solutions for Original Equipment Manufacturers (OEM’s) of Heating, Ventilating and Air Conditioning equipment worldwide. For more information, visit the Revcor website at www.revcor.com.
Emprise Partners is a merchant-banking firm that provides buy-side representation to corporations, private equity groups, and industry specific management teams in the middle market. The Emprise Partners Advisory Board is comprised of seven operating executives with executive level responsibility, experience, and equity ownership. Emprise Partners and its Advisory Board make control equity investments in companies where financial performance can be enhanced through operational oversight. As a business and financial partner, we provide both advice and capital for acquisition and growth. Our primary interest is in manufacturing and value added distribution businesses with proprietary products or defensible niche positions. For more information, visit www.emprisepartners.us.