Exclusive financial advisor to Dynamic Systems Inc.

KPMG Corporate Finance LLC acted as the exclusive financial advisor to Dynamic Systems Inc.

KPMG Corporate Finance LLC is pleased to announce the sale of Dynamic Systems Inc. (“DSI” or the “Company”), a portfolio company of HCI Equity Partners (“HCI”), a Washington, DC-based private equity firm, to Vishay Precision Group, Inc. (NYSE: VPG), a leading producer of precision sensors and sensor-based systems.

Headquartered in Poestenkill, NY, DSI designs and manufactures highly sophisticated, precise, and powerful equipment for the thermal-mechanical testing of materials and physical simulation of processes. Sold under the industry-leading Gleeble® brand, the Company’s proprietary systems accurately replicate processing and end-use environments and collect material property data in real-time, allowing customers to optimize materials, reduce costs, improve processes, and accelerate R&D. DSI’s products are utilized globally across a wide range of end markets, including aerospace, automotive, energy, general manufacturing, metal production, research laboratory, and university.

Vishay Precision Group, based in Malvern, PA, is an internationally recognized designer, manufacturer and marketer of: components based on its resistive foil technology; sensors; and sensor-based measurements systems specializing in the growing markets of stress, force, weight, pressure, and current measurements. VPG is a market leader of foil technology products, providing ongoing technology innovations in precision foil resistors and foil strain gages, which are the foundation of the company’s force sensors products and its weighing and control systems. The product portfolio consists of a variety of well-established brand names recognized for precision and quality in the marketplace.

VPG ‘s Chief Executive Officer, Ziv Shoshani commented on the transaction: “DSI is an established, high margin business, with a strong brand and has the largest installed base of products of its type in the world, according to market estimates. DSI expands our position in the steel market and offers opportunities for growth by leveraging our sales capabilities and market presence, and by expanding DSI’s product line to address new opportunities.”

The acquisition of DSI augments VPG’s existing product offering to customers in the steel sector currently served by VPG’s Kelk business and is expected to enable VPG to capitalize on favorable trends driving research & development activities in materials development, such as lightweighting and additive manufacturing. 

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The global Corporate Finance practices of KPMG International’s network of independent member firms was ranked #1 as the top M&A middle-market adviser globally by Refinitiv, based on number of completed transactions, for 2018.

KPMG Corporate Finance LLC

KPMG Corporate Finance LLC was recently named Transaction Advisory Firm of the Year by The Global M&A Network, and previously named Investment Bank of the Year by The M&A Advisor. KPMG Corporate Finance LLC provides a broad range of investment banking and advisory services to its domestic and international clients. Our professionals have the experience and depth of knowledge to advise clients on global mergers and acquisitions, sales and divestitures, buyouts, financings, debt restructurings, equity recapitalizations, infrastructure project finance, capital advisory, portfolio solutions, fairness opinions, and other advisory needs.

Chrisanne Corbett

Chrisanne Corbett

Managing Director, KPMG Corporate Finance LLC

+1 312-665-2779


DSI
 
 
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