CHARLOTTE, N.C., Jan. 30, 2015 /PRNewswire/ -- Partners Group, the global private markets manager, and Dynacast International announced on Friday, January 30th that the acquisition of a controlling stake in Dynacast by Partners Group on behalf of its clients has been completed.
Dynacast International produces custom, high-volume metal components. Headquartered in Charlotte, N.C., Dynacast has 23 facilities in 16 countries and has customers from many industries including automotive, telecommunications, and healthcare. They utilize both die casting and metal injection molding (MIM) to deliver high-quality, precision engineered metal components on a global scale.
Partners Group acquired Dynacast from exiting financial investors and was joined in the acquisition by Kenner & Company and the company's management team, which both rolled over significant equity stakes with the finalized transaction. Partners Group and Kenner & Company will work closely with Dynacast's management team to support the company during its next phase of global growth.
If you would like to know more about this acquisition please refer to the original announcement made on December 17, 2014.
About Dynacast International Inc.
Dynacast is a global manufacturer of precision, engineered metal components. Utilizing proprietary die cast and metal injection molding technologies, we offer robust solutions to many industries including automotive, consumer electronics, and healthcare. Every organization we work with benefits from over 80 years of experience, innovation, and techniques that have redefined the manufacturing industry. Dynacast operates 23 manufacturing facilities in 16 countries, and consistently delivers value through engineering expertise, efficient operations, and Advanced Quality Planning systems. Please visit www.dynacast.com to learn more.
About Partners Group
Partners Group is a global private markets investment management firm with over EUR 37 billion (over USD 40 billion) in investment programs under management in private equity, private real estate, private infrastructure and private debt. The firm manages a broad range of customized portfolios for an international clientele of institutional investors. Partners Group is headquartered in Zug, Switzerland and has offices in San Francisco, Houston, New York, Sao Paulo, London, Guernsey, Paris, Luxembourg, Milan, Munich, Dubai, Mumbai, Singapore, Shanghai, Seoul, Tokyo and Sydney. The firm employs over 700 people and is listed on the SIX Swiss Exchange (symbol: PGHN) with a major ownership by its partners and employees.
About Kenner & Company
Based in New York, Kenner & Company, Inc. is a private equity firm founded in 1986 that specializes in acquiring middle-market industrial and manufacturing businesses. Having worked together for over 20 years, the firm's principals have significant investing and operating experience, enabling them to provide strategic direction to generate long-term value. Kenner has been instrumental in assisting Dynacast management to accomplish its objectives.
Investor relations contact:
Adrian Murphy, Executive Vice President, CFO
Phone: +1 704.927.2790
Email: [email protected]
SOURCE Dynacast International Inc.