Principals of True North Advise Schnipke in Sale
Schnipke Precision Molding acquired by Atalys
RYE, NY, April 8, 2024 -- Dunes Point Capital announced that Atalys, LLC ("Atalys") has acquired Schnipke Engraving Co., LLC d/b/a Schnipke Precision Molding ("Schnipke").
Schnipke is a contract manufacturer and market leader in precision and micro medical molding. Located in Ottoville, Ohio, Schnipke has two manufacturing facilities in Ohio and Arizona and employs approximately 150 people. Schnipke's capabilities include injection molding, tooling, and component assembly.
Headquartered in Rochester, NY, Atalys is a manufacturer of complex, high precision parts primarily for the medical device industry.
Dunes Point Capital is a family office and private investment firm, pursuing control investments in companies operating in the general industrial and business services sectors. DPC targets companies with enterprise values of up to $1 billion.
The Principals of True North, acting in their capacity as registered agents of Burch & Company, Inc. (“Burch”), were the lead strategic and financial advisors to Schnipke Engraving Company in this transaction. 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.
