RYE, N.Y., May 16, 2016 /PRNewswire/ — Industrial Group Holdings, LLC, a portfolio company of Dunes Point Capital, LLC has acquired MultiSource Manufacturing LLC (“MultiSource”). Located in Minnetonka, MN, MultiSource is a supply chain partner and end-to-end provider of precision machining and assembly solutions to leading original equipment manufacturers in the medical, aerospace, food and industrial end markets. MultiSource has eight manufacturing facilities in Minnesota and Colorado and employs approximately 330 people. For more information, please visit www.multisourcemfg.com.
Houlihan Lokey advised MultiSource through the sale.
About Dunes Point Capital, LLC (“DPC”)
Founded in 2013, DPC is a family office and private investment firm, pursuing control investments in companies operating in the general industrial and energy sectors. DPC targets companies with enterprise values of up to $500 million. For more information, please visit www.dunespointcapital.com.
About Industrial Group Holdings, LLC (“IGH”)
Located in Rye, NY, IGH is a holding company that oversees and manages nine industrial companies.
SOURCE Dunes Point Capital, LP. Copyright © 2016 PR Newswire. All rights reserved