Investment Summary

Mill Rock Capital Invests In DRT Holdings

On January 26, 2021, private equity firm Mill Rock Capital invested in manufacturer DRT Holdings

Investment Highlights
  • This is Mill Rock Capital’s 1st transaction in the Manufacturing sector.
  • This is Mill Rock Capital’s 5th transaction in the United States.
  • This is Mill Rock Capital’s 1st transaction in Ohio.

Investment Summary

Date 2021-01-26
Target DRT Holdings
Sector Manufacturing
Investor(s) Mill Rock Capital
Deal Type Growth Capital
Advisor(s) Deloitte (Financial)
Coolidge Wall (Legal)

Target

DRT Holdings

Dayton, Ohio, United States
DRT Holdings is a manufacturer and supplier of precision tools and specialized components to a wide variety of end markets organized in three business segments: Container, Aerospace, and Precision. Container is the original developer of easy-open ends principally used in food and beverage cans and continues to be a leading provider of equipment, aftermarket parts, and services utilized in can production. Aerospace is a manufacturer of precision-machined parts for commercial and military aircraft, commercial space, and land-based industrial gas turbine engines. Precision machines components for various industries, including medical imaging equipment, plastic injection molding, and building products. DRT provides value-added services to supplement its core precision machining capabilities, including extensive engineering resources and design-for-manufacturability capabilities, go-to-market support, and systems integration. DRT Holdings was founded in 1949 and is based in Dayton, Ohio.

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Investor(S) 1

DESCRIPTION

Mill Rock is a growth and operations oriented private investment firm that invests in middle-market industrial businesses in North America. Mill Rock invests in family-owned businesses, owner-operators and founder-led companies the chemicals, materials, industrial distribution, services, metals, transportation, logistics and specialty manufacturing sectors. Mill Rock Capital was established in 2018 and is headquartered in New York City.


DEAL STATS #
Overall 5 of 7
Sector (Manufacturing) 1 of 1
Type (Growth Capital) 3 of 3
State (Ohio) 1 of 1
Country (United States) 5 of 7
Year (2021) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-01 Mill Rock Packaging Partners

New York, New York, United States

Mill Rock Packaging Partners is a specialty packaging growth platform. Mill Rock Packaging Partners was founded in 2020 and is based in New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-06 Tandym Group

New York, New York, United States

Tandym Group is a recruitment firm focused on serving accounting firms, boutique hedge funds, and private equity funds. Tandym Group was founded in 1985 and is based in New York.

Buy -