Boulder’s Snow Peak Capital buys textile firms
BOULDER — Private equity investor Snow Peak Capital LLC has purchased a controlling stake in Dalco Nonwovens LLC and Global Felt Technologies Inc., textile manufacturers in North and South Carolina, respectively.
Terms of the deal were not disclosed, but SPC did say that Joey Duncan, CEO of both acquired companies, will maintain significant ownership.
“The investment in Dalco and GFT will realize meaningful synergies and allow the firms to better serve their customers. We have great confidence in the abilities of Joey Duncan and his team to lead the businesses and look forward to partnering with him,” Snow Peak managing partner Steve Yager said in a prepared statement.
SPONSORED CONTENT
BOULDER — Private equity investor Snow Peak Capital LLC has purchased a controlling stake in Dalco Nonwovens LLC and Global Felt Technologies Inc., textile manufacturers in North and South Carolina, respectively.
Terms of the deal were not disclosed, but SPC did say that Joey Duncan, CEO of both acquired companies, will maintain significant ownership.
“The investment in Dalco and GFT will realize meaningful synergies and allow the firms to better serve their customers. We have great confidence in the abilities of Joey Duncan and his team to lead the businesses and look forward to partnering with him,” Snow Peak managing partner Steve…
Related Posts
-
Boulder’s Human Relations Fund, which supports community-initiated activities that focus on civil rights, human rights…
-
Kuhl, a Salt Lake City-based outdoor-apparel brand, will open its first Colorado retail location in…
-
Downtown Boulder’s Business Improvement District is recruiting two at-large board members.
-
Private equity investor Snow Peak Capital LLC recently acquired TurbineAero Inc., a Phoenix-based provider of…
