Snow Peak Capital has sold Dalco-GFT to Arvind Ltd

Dalco-GFT

Dalco-GFT Nonwovens (Dalco-GFT) is a leading manufacturer of needle-punched nonwoven specialty fabrics serving the automotive, furniture and bedding, geotextile and industrial end markets. With operations in Conover, North Carolina, and Union, South Carolina, Dalco-GFT produces a broad range of light- and heavyweight fabrics and value-added processing for a diverse customer base. The company is recognized for its customer-centric approach, robust product engineering capabilities and commitment to delivering high-quality solutions and exceptional service. For more information, please visit https://www.dalcononwovens.com/.

The Deal

Lincoln International acted as the exclusive investment banking advisor to Dalco-GFT’s management and ownership team for the transaction. Since Snow Peak’s investment in 2022, Dalco-GFT built on its strong foundation through investments in expanded manufacturing capacity, value-added processing, operational enhancements, additions to the management team and continued diversification of its customer base. Lincoln International’s buyer insights, global reach and execution expertise delivered high-quality options amid a dynamic market backdrop, culminating in a positive outcome for all parties.

Our Perspective

Adam Hunia and James Dailey, Lincoln International officers who co-led the transaction, commented, “It was an honor to partner with Joey Duncan, Snow Peak Capital and the entire Dalco-GFT executive team to find the right partner for all stakeholders. Dalco-GFT is an important provider of advanced material solutions to diverse end markets, and we are excited for its future partnership with Arvind.”

Snow Peak Capital

Snow Peak Capital is a Broomfield, Colorado-based private equity firm that invests in middle market businesses across the industrial, technology and business services sectors. Snow Peak Capital’s founders have more than 50 years of combined mergers and acquisitions (M&A) and operating experience, having led or been involved in more than 60 private equity transactions during their careers. Snow Peak seeks acquisition opportunities in which it can bring lasting improvements to its partner firms, either directly or through its network of operating relationships. For more information, please visit www.snowpeakcapital.com.

Arvind Ltd

Arvind Limited is a textile-to-retail conglomerate with a focus on textiles, apparel, advanced materials, environmental solutions, telecom and omnichannel commerce. Arvind Limited is an integrated solutions provider in textiles with strong fiber-to-fashion capabilities for a global customer base. It is also a design powerhouse implementing innovative concepts and generating intellectual property. It ranks amongst the top suppliers of fabric worldwide. The company strives every day to create opportunities beyond conventional boundaries and believes that the possibilities are endless. For more information, please visit www.arvind.com.

Arvind Advanced Materials Limited (AAML) is a wholly owned subsidiary of Arvind Limited. It operates a scaled advanced materials platform with leadership positions across critical sectors, including protective gear, renewable energy, mass mobility, industrial filters and belting. Backed by Arvind’s century-long manufacturing heritage, AAML has built an innovation-driven portfolio with deep vertical integration spanning materials, processing and finished products. The platform currently operates across three key verticals: human protection, composites and industrial applications.

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