Ehrhardt Tool and Machine, LLC, dba Ehrhardt Automation Systems ("EAS"), a portfolio company of Dunes Point Capital, LP ("DPC") acquires SAF Drives Inc ("SAF Drives")
Located in New Hamburg, ON, SAF Drives is a provider of automation and controls solutions for customers in the steel, printing, paper and other process industries. EAS, headquartered in Granite City, IL, is a turnkey provider of custom, design-build automation systems and precision machined components for customers in the HVAC, white goods, automotive, energy and other industrial end markets.
DPC was represented by HMB’s Private Equity Team, inclduing Corporate Associates Raymond J. Jacobi III and Payal J. Patel.
Read the full press release on PR Newswire and Dunes Point Capital.