Transaction Overview
- Represented Nevco, Inc. (“Nevco” or the “Company”) in its sale to Dominus Capital, L.P. (“Dominus”).
- Nevco is a leading designer, manufacturer, and marketer of customized sports scoreboards, integrated LED video boards, electronic display signs, scoring, sound systems, and related accessories sold primarily to high schools, colleges and universities; stadiums and arenas; recreational facilities; and commercial properties.
Key Observations
- Nevco was seeking a partner to provide the owners with partial liquidity and support future growth.
Drivers of Interest
- Nevco has a long-established brand and leadership position in the market that has been enhanced in recent years through the development of proprietary technologies and a full line of LED displays.
- Nevco was experiencing strong revenue and margin growth across all products, markets and customers with opportunities to further accelerate growth through sports marketing initiatives, technology enhancements, and acquisitions.