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Business: Market leading manufacturer of highly engineered industrial polymer process, converting, and extrusion equipment.
Background: The modern Davis-Standard was created through the combination of the family-owned Black Clawson Converting Machinery business with the Davis-Standard subsidiary of Chemtura Corporation.
Structure: HRCP supplied the equity capital from funds under management and our co-investor partners.
Co-investors: HRCP sponsored partnership (Partnership IV)
HRCP Team: Scott Oakford (Lead), Phil Cagnassola, Chris Lund
HRCP Value-Add:
- Recapitalized the company allowing it to increase its penetration into emerging markets and develop new products
- Expanded its use of low cost sourcing and LEAN manufacturing
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Davis Standard, LLC
Pawcatuck, CT
davis-standard.com
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