St. Louis, MO, January, 2012
Capital For Business, Inc.® (CFB) announced today that it recently completed the acquisition of Rochester, Minnesota based Domaille Engineering, LLC. (“Domaille” or the “Company”).
Domaille has historically been known throughout the telecommunications industry as the high quality manufacturer of fiber optic polishing machines and fixtures. Leveraging its engineering expertise in fiber optics, the Company has also expanded its operations into the engineering and manufacturing of precision machined components and complex sub assemblies that are used in fiber optic, energy, defense, aerospace, and medical products industries.
In addition to CFB, the investor group included Diamond State Ventures of Little Rock, Arkansas; B12 Capital Partners of Kansas City, Missouri; MidStates Capital Fund II of Overland Park, Kansas, as well as key members of the Company’s management. Senior financing of the deal was provided by St. Louis based Enterprise Bank & Trust. Sell side Investment Banking services were provided to the Company by Greene Holcomb & Fisher, LLC.