Mill Rock Capital, a growth and operations oriented private investment firm, has made a growth investment in DRT Holdings Inc., a manufacturer of specialized components, precision tools and container systems. The company operates 10 facilities across the U.S. and Europe.
“Our partnership with Mill Rock provides the strategic resources and financial strength necessary to meet our customers’ expanding needs,” said DRT’s CEO Gary Van Gundy.
Eric Byun, incoming vice chairman and senior partner at Mill Rock commented, “Within aerospace specifically, at a time when supply chain is challenged, we will also focus on growth and position DRT as the gold standard by supporting our customer base and expanding our suite of manufacturing and service capabilities.”
Credit Suisse Securities (USA) LLC, Alvarez & Marsal Transaction Advisory Group and Covington & Burling LLP advised Mill Rock Capital on the transaction. Deloitte Corporate Finance LLC and Coolidge Wall LLP advised DRT.