BOSTON, MA & JACKSONVILLE BEACH, FL – Oct 1, 2021 – Dubin Clark, a private equity firm focused on building niche market leaders in the lower middle market, announced the following acquisitions by current portfolio companies: CE Rental’s acquisition of Ooh Events; United Safety & Survivability Corporation’s (“USSC”) acquisition of Fireboy; Affordable Water Heaters & Plumbing, Inc.’s (“AWHAP”) acquisition of Thousand Oaks Plumbing; and DPI Off-Road Brands’ (“DPI”) acquisition of Toytec. Financial terms of the transactions were not disclosed. Additionally, the firm is pleased to announce several promotions reflecting its ongoing emphasis on growth and people development.
Tom Caracciolo, Dubin Clark Managing Partner, commented, “We are excited to announce all of the aforementioned add-on acquisitions to our portfolio companies. These four strong businesses support our strategy of expanding our portfolio companies’ footprints, product offerings and customer bases. In light of the COVID pandemic, we are pleased that as a team, we have been able to successfully identify and execute such attractive strategic transactions. We look forward to continuing this momentum.”
Human Capital Update
Dubin Clark is also pleased to announce and celebrate two internal promotions, Matthew Broullire to Principal and Brooke DelPiccolo to Senior Associate. Additionally, Dubin Clark Managing Partner, Brent Paris, has been selected as Chairman of the Board for Beaches Habitat for Humanity.
Matthew joined Dubin Clark in 2016 and focuses on business development, deal execution, and portfolio company monitoring and support. Brooke joined Dubin Clark in 2019 and is responsible for business development and investor relations. Brent has served on the Beaches Habitat for Humanity Board of Directors since 2019 and is looking forward to this new leadership position.
About Dubin Clark
Dubin Clark is a private equity firm with offices in Boston, MA and Jacksonville Beach, FL. The Dubin Clark team is led by experienced private equity professionals who bring decades of success in lower middle- market investing. Dubin Clark targets lead or control investments in branded niche manufacturing and specialty services segments with at least $5 million in sales (less for add-ons). The firm’s mission is to create value by helping portfolio companies grow through a coordinated approach that includes providing the capital necessary to support internal growth, completing complementary add-on acquisitions to build market position, and helping to develop new strategies for the future while protecting the independence, culture and values that made the company successful. For additional information, visit www.dubinclark.com.