RatPac Dimmers Announces Equity Investment from Vopne Capital
Leading manufacturer of lighting control and power distribution products for the motion picture and television industry receives growth equity investment from Vopne Capital
VAN NUYS, Calif., March 7, 2018 /PRNewswire/ -- RatPac Dimmers announced today an investment in the company by Vopne Capital, a Bay Area-based private equity firm. Vopne is partnering with the company's founding team to provide growth capital as RatPac expands its operations.
RatPac Dimmers is the leading manufacturer of lighting control and power distribution products for the motion picture and entertainment industry. The Company's products—manufactured at its Van Nuys, CA headquarters—include portable dimmers, wireless controls, and power distribution devices, and are used on the sets of blockbuster movies and Emmy-award winning TV series around the world.
Craig Brink, CEO and founder of RatPac Dimmers, stated, "We sought a growth-oriented partner to support our company as we expand our manufacturing footprint, our geographic reach, and our product lines. Vopne's focus on operational excellence and investing in growth is an ideal fit for RatPac." Craig continued, "Since founding RatPac in 2011, our sole focus has been creating innovative, easy-to-use products that solve our customer's problems. We come from the motion picture and television industries, so we understand the challenges our customers face. We are excited to have Vopne join as our partner; they share our vision of producing the highest-quality products and maintaining our position at the forefront of innovation."
"We are thrilled to partner with Craig and the impressive team he has built at RatPac," added Jim Bloom, Managing Partner at Vopne, who joins RatPac's Board of Directors. "We look forward to continuing the company's growth and success as the highest quality provider of innovative solutions for the television and motion picture industry."
Metropolitan Capital Investment Banc, Inc. served as advisor to RatPac Dimmers for the transaction.
About RatPac Dimmers
Founded in 2011 and headquartered in Van Nuys, CA, RatPac Dimmers designs and manufactures lighting control and power distribution equipment for use in the motion picture industry. The company provides a wide-range of products designed for performance enhancement and aesthetic appeal. For more information, visit www.ratpacdimmers.com.
About Vopne Capital
Vopne Capital is a Bay Area-based private equity firm investing in growing, profitable companies in the lower middle market. Vopne undertakes investments, recapitalizations and acquisitions of manufacturing companies with experienced management teams, engineered and differentiated products, and a focus on quality and customer service. Vopne is currently investing its second fund, launched in 2018, Vopne Fund II, LP. For more information, visit www.vopne.com.
About Metropolitan Capital
Metropolitan Capital is a universal bank serving entrepreneurs, high net worth individuals, family offices and the small-to-medium-sized businesses they own. Metropolitan Capital creates customized solutions utilizing the firm's full suite of private banking, commercial banking, investment banking, wealth consulting and trust management expertise. Commercial and Private Banking services are provided by Metropolitan Capital Bank & Trust, an FDIC insured corporation. Investment Banking services are provided by Metropolitan Capital Investment Banc, Inc., a registered member of FINRA and SIPC. For more information, visit www.metcapbank.com.
SOURCE RatPac Dimmers
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