Transaction Overview
- Represented Dexter Magnetic Technologies (“Dexter” or the “Company”), a portfolio company of Levine Leichtman Capital Partners, in its sale to Robert Family Holdings, Inc.(“RFH”).
- Dexter is the leading designer, manufacturer and provider of mission-critical, customized, highly engineered magnetic solutions for a variety of end-markets including industrial, medical, aerospace & defense, semiconductor/data, oil & gas and security.
- Dexter’s complex, often proprietary magnetic products and assemblies, are used in applications and products that cannot fail (i.e. missile guidance systems, deep sea drilling and inspection, radar systems, medical devices, lithography machines, etc.).
- RFH is a diversified industrial manufacturer of highly engineered, value-added products serving customers in the semiconductor and process industries. The company’s origins reach back to 1946 and is a privately held, family business.
Drivers of Interest
- Strong margin profile, highly visible cash flow and long-term customer relationships.
- Leading, highly defensible position with deep engineering expertise and knowledge of magnetic sciences.
- Diverse, growing magnetic applications and sales pipeline across a variety of end-markets.