Exclusive financial advisor to Lockmasters, Inc.
KPMG Corporate Finance is pleased to announce the sale of Lockmasters, Inc. (“Lockmasters” or the “Company”) to Dominus Capital, L.P. (“Dominus Capital”).
Headquartered in Nicholasville, KY, Lockmasters is a leading provider of proprietary physical security products and tools, educational training, and distribution of third party locks, tools, and hardware to the government, industrial, and security professional markets. The Company is recognized across the industry for its innovative products and tools, deep technical expertise, and world-class training, which collectively deliver a highly unique value proposition to customers. 2020 marked the 65th anniversary of this third generation family-owned business, cementing the Miller family's long history in the security industry.
"This next chapter for Lockmasters comes with renewed energy and optimism. The industry knows us for our innovative products, technical expertise, hands-on training and customer service. We are excited for the immense growth opportunities our Dominus partnership affords our team and customers. In our 65th year, we are happy to celebrate a new beginning," said Mark Miller, Lockmasters' CEO.
Bob Haswell, Founding Partner at Dominus Capital, added, "We are looking forward to partnering with the Miller family and Lockmasters' team to support the Company's continued growth. The family founders have built a differentiated model with a focus on innovative products, customer service, and technical expertise. We are excited about the opportunities ahead for the Company, both organically and through add-on acquisitions."
Stephanie Miller, Consultant and Board Member to Lockmasters, commented on the transaction, “I can’t express my appreciation enough for the KPMG team. Their consultative approach, resources and 100% availability were key to guiding us through a successful and smooth transaction.”
About Dominus Capital
Based in New York, Dominus Capital is a leading middle-market private equity investment firm that focuses on management-led buyouts and growth capital investments in the business services, light manufacturing and consumer sectors.
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KPMG Corporate Finance LLC
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