Hamilton Robinson Acquires Davis-Standard
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The new ownership structure will continue to be led by the existing Davis-Standard management team and the company’s financial strength will be preserved under the new capital structure. “Not only will the existing management team remain in place, it will also have plenty of skin in the game, owning more than 20 percent of the common equity,” said Buckley. “This is a very important ingredient for the future success of the company. A management team thinking and acting as owners is an empowered leadership team,” he added. The management ownership ranks are not limited to a few senior executives but include dozens of managers, and the company intends to offer the rewards of ownership to even more managers in the near future.
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- Companies:
- Davis-Standard, LLC Converting Systems
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