Cleveland, Ohio (April 28, 2016) - Emprise Partners announces that its client, DCM Manufacturing, a Dreison International company, has completed the acquisition of Faz Elektrik Motor Makina Sanayi ve Ticaret A.Ş. of Izmir, Turkey. Faz is a premium manufacturer of direct current (DC) motors, centrifugal blowers and axial fans used in heating, ventilating and air conditioning (HVAC) of mobile equipment such as buses, off-road equipment, trucks, and military vehicles. Emprise Partners was the exclusive financial advisor to DCM Manufacturing and Dreison International in the negotiation and execution of this transaction.
John Berger, President of DCM Manufacturing said, "Emprise Partners played a key role in negotiating this strategic acquisition which will strengthen and expand DCM's position as a global supplier of mobile HVAC air movement components. Together DCM and Faz will produce the high-quality products our customers have come to expect while continuing to bring to the market innovative new products that solve the challenges of the industries we serve."
DCM Manufacturing (www.dcm-mfg.com) is a recognized leader in the manufacturing, sales and service of OEM products for the mobile HVAC and industrial heat transfer markets in the United States. DCM's product line includes wire wound and permanent magnet DC motors, dash fans, axial fans, centrifugal blowers, heaters, plastic louvers, grills and accessories. DCM's products are used on mobile equipment such as construction, mining and agricultural equipment, heavy duty trucks, buses, marine, and in high performance markets. It has operations in Mexico, China and the United States.
Dreison International, Inc. (www.dreison.com) manufactures proprietary component products that are marketed to both original equipment manufacturers and the aftermarket in the non-automotive transportation industry. Dreison's operating subsidiaries include DCM Manufacturing, Maradyne Corporation, and Von Weise LLC.
Emprise Partners (www.emprisepartners.us) is a merchant-banking firm that provides buy-side representation to corporations, private-equity groups, and industry specific management teams in the lower middle market. As a financial partner, it provides both advice and capital for the acquisition and growth of manufacturing businesses with proprietary products or defensible niche positions. Emprise Partners has completed over 50 buy-side transactions.