O2 Investment Partners, LLC Acquires DuALL Precision, Inc.
May 1, 2014: DuAll Precision, Inc., a niche manufacturer of hydraulic cartridge valve components based in Addison, Illinois, announced today that O2 Investment Partners, LLC based in Bloomfield Hills, Michigan, has partnered with founders Michael Butler and Stanley Boksa to acquire a majority interest in DuAll Precision. DuAll is a leading manufacturer of components for hydraulic cartridge valves, including check valves, solenoid valves, sequence valves, directional valves, counter balance valves and pressure control valves. The Company primarily provides components for hydraulic systems in the transportation, agriculture and heavy equipment markets.
As part of its custom engineered valve and flow control strategy, O2 Investment Partners acquired DuAll Precision through O2 Specialty Mfg Holdings, which also owns its existing valve manufacturing business, Mercury Manufacturing Company, located in Wyandotte, MI. The two businesses will continue to operate out of their existing facilities and will be led by Kent Niederhofer, CEO of O2 Specialty Mfg Holdings.
Michael Butler, President of DuAll Precision, commented, “Our partnership with O2 – an organization which shares our values and strategic vision – provides access to the resources necessary for DuAll to continue its growth trajectory with existing core products and customers while allowing for expansion into additional targeted niche markets, products and technologies, including opportunities with our new sister company, Mercury Manufacturing.” Niederhofer added, “We are very excited about bringing DuAll into our family of custom engineered valve and flow control products. DuAll brings significant expertise in high precision machining and hydraulic valve components. The design, engineering and manufacturing capabilities of both DuAll and Mercury are very complementary and we believe that each will strengthen the other and present significant growth opportunities for each other.”
The Principals of True North, acting in the capacity of registered agents of Burch & Company, Inc. (“Burch”), were the lead strategic and financial advisors to DuAll on the sale of the business. In order to assist True North with securities related transactions, its principals are registered investment banking agents of Burch & Company, Inc, member FINRA/SiPC. Burch and True North are not affiliated entities.