M&A Deal Summary

Acorn Capital Management Acquires DIMO

On May 14, 2019, private equity firm Acorn Capital Management acquired distribution company DIMO

Acquisition Highlights
  • This is Acorn Capital Management’s 2nd transaction in the Distribution sector.
  • This is Acorn Capital Management’s 12th transaction in the United States.
  • This is Acorn Capital Management’s 1st transaction in Delaware.

M&A Deal Summary

Date 2019-05-14
Target DIMO
Sector Distribution
Buyer(s) Acorn Capital Management
Deal Type Buyout (LBO, MBO, MBI)

Target

DIMO

New Castle, Delaware, United States
DIMO is a value-added distributor of operationally critical parts and higher-level assemblies for power, electromechanical, life support, and mission-specific aircraft systems. DIMO was founded in 1994 and is based in New Castle, Delaware.

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Buyer(S) 1

DESCRIPTION

Acorn Capital Management is a private equity group focused on aerospace and defense opportunities. Acorn looks specifically for companies engaged in aerospace parts manufacturing, aircraft modification and upgrades, engineering services, logistics, procurement and maintenance, repair, and overhaul. Acorn Capital Management was established in 2005 and is headquartered in Oklahoma City, Oklahoma.


DEAL STATS #
Overall 13 of 20
Sector: Distribution M&A 2 of 2
Type: Buyout (LBO, MBO, MBI) M&A Deals 11 of 17
State: Delaware M&A 1 of 1
Country: United States M&A 12 of 16
Year: 2019 M&A 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-16 Berry Aviation

San Marcos, Texas, United States

Berry Aviation is an operator of an aviation company, with a portfolio of services that includes government, private charter, scheduled and on-demand freight, component maintenance repair and overhaul, and fixed base operations. Berry Aviation was founded in 1983 and is based in San Marcos, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-11 Black Sage

Boise, Idaho, United States

Black Sage is a defense technology integrator specialized in autonomous airspace protection solutions to take down small remote piloted aircraft systems. Black Sage employs a hardware-agnostic approach to integrating best-of-breed sensors with its proprietary artificial intelligence-enabled target tracking and defense automation systems to provide adaptable, end-to-end C-UAS systems. Black Sage was founded in 2014 and is based in Boise, Idaho.

Buy -