Dart Casting: Achieving a Vision
Partnering with Family Business Owners to Mitigate Risk and Optimize Performance
Dart Casting is a high-pressure aluminum die casting company located in the heart of America and dedicated to making their customers successful. With a passionate commitment to quality, Dart Casting continuously works to ensure that each unit is produced with accuracy, consistency, and efficiency. In an industry where pennies and seconds per unit make all the difference, Dart Casting has invested heavily in technology, state-of-the-art machines, and manufacturing process to achieve each customer’s specified budget and deadline. A focus on the future technological advancements of the industry is balanced by Dart’s dedication to building a bond between the customer and the leadership team. Dart Casting partners with their customers to deliver premium products to the marketplace, and takes an incredible amount of pride in producing products that are beautiful, high quality, and intelligently manufactured. Regardless of whether the product is going into a high-performance automobile or hidden inside a complicated assembly — Dart Casting aims for perfection. When customers need to get their project done right, delivered fast, and executed with precision, Dart Casting is up for the challenge and does whatever it takes to make it happen.
Challenge
The second-generation owners of the business wanted to diversify risk while partnering with a group that could help the company achieve growth and thus its full potential.
Approach
The approach here was to purchase a majority of the business while allowing the two family members to maintain ownership. After the close, it was business as usual. We have provided input and advice but have largely let the two family members run the business.
Outcome
The company is doing very well. We have added new equipment and are adding square footage as well. This is a testament to the good work the family has done in creating a stable and healthy business, and one that is poised for even further growth.
Other Success Stories
Southwest Steel
Goal: A Fresh Perspective
Challenge: A mindset here was the common refrain, “that’s the way it’s always been done.” With a workforce that had been with the company for many years, in some cases decades, business processes and practices were not evaluated for improvement. The SOP was that if it has worked for all these years, no need to change it. While that was true in some cases, it was not true in all cases.
Eagle Precision
Goal: Trust Exemplified
Challenge: As a new owner, it is difficult to show the former ownership group, as well as the existing management team, that the new leader is the right one to guide and grow the business.
Nell Hill’s
Goal: Preserve a Legacy
Challenge: This iconic retail store was founded by a very dynamic lady that was/is revered within the industry. We sought to partner with an investment group with the goal of preserving what was so great about the business, but injecting new life.