Hamilton Robinson Capital Partners announced Tuesday that it had sold portfolio company Davis-Standard to ONCAP. Terms of the deal were not released. Davis-Standard is a designer and manufacturer of extrusion systems and process equipment for the web converting and plastics processing industries.
Hamilton Robinson Capital Partners is pleased to announce the sale of its portfolio company Davis-Standard to ONCAP, the middle market investing platform of Onex Corporation. Davis-Standard is a global leader in the design, development and manufacture of extrusion systems and process equipment for the web converting and plastics processing industries. Davis-Standard’s highly engineered systems are sold under a family of marquis brands providing critical solutions to the operations of global customers serving diverse end markets including packaging, infrastructure, medical and automotive.
This transaction exemplifies Hamilton Robinson’s value creation investment strategy through strong partnership with management. Hamilton Robinson has been an investor in the company since 2003 and since that time revenue has grown from $30 million to over $300 million. This revenue growth was accomplished through management’s execution on strategic acquisitions, LEAN manufacturing, global sourcing, enhanced technical capabilities and penetration of new markets. Hamilton Robinson fostered this growth under a conservative capital structure. The Blackstone Group acted as exclusive financial advisor to Davis-Standard in connection with the transaction.
Hamilton Robinson Capital Partners is a private equity firm founded in 1984 to invest directly in small, privately held manufacturing, distribution and service businesses. Over the course of the last 25 years, Hamilton Robinson has maintained its singular focus on this dynamic market to become a leading resource for equity capital and growth strategies for small businesses.
Our disciplined approach to investing has helped many small, private companies improve their operations and achieve new levels of earnings growth.