D.A. Davidson Acts as Exclusive Financial Advisor to Sammons Warehouse Solutions on Its Strategic Partnership with Precision Warehouse Design
May 01 2024 - 3:30PM
Business Wire
D.A. Davidson & Co. announced today that it served as
exclusive financial advisor to Sammons Warehouse Solutions (SWS), a
provider of warehousing, racking, and storage solutions, on its
partnership with Precision Warehouse Design (PWD), a full-service
warehouse automation integrator. With the backing of SWS’s
expertise, capabilities, and resources, the strategic partnership
is expected to enhance PWD’s ability to provide innovative
solutions to its customers and further solidify its leadership
position in the mid-market segment of the North American warehouse
automation industry.
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D.A. Davidson Acts as Exclusive Financial
Advisor to Sammons Warehouse Solutions on Its Strategic Partnership
with Precision Warehouse Design (Graphic: Business Wire)
Headquartered in Carrollton, Texas, Precision Warehouse Design
is a leading industrial systems integrator and solutions provider
with extensive expertise in design, engineering, and implementation
of automated material handling and warehouse solutions. PWD’s
unique business model of speed to market, technical competency, and
employee empowerment has allowed the company to serve more than 300
clients delivering holistic systems including order fulfillment,
AS/RS, conveyance, pallet racking systems, conveyor sortation,
mezzanines, and after-market services. Through this strategic
partnership, Sammons Warehouse Solutions will bring its extensive
experience in scaling, innovating, and increasing efficiency as
well as a strong capital position to support PWD’s long-term growth
plans.
Headquartered in Dallas, Texas, Sammons Warehouse Solutions
offers a range of solutions for warehouse and distribution
facilities, including racking and storage solutions, dock and door
systems, safety equipment, and a diverse range of automated or
manual material handling systems. SWS is a wholly owned subsidiary
of Sammons Industrial, and part of the Sammons Enterprises, Inc.
family of employee-owned companies.
“We are excited to welcome PWD to the SWS family,” said Don
Keel, President of Sammons Warehouse Solutions. “This strategic
investment is a key tenant to our growth strategy in the warehouse
space. Alongside our other business, Sync Storage Solutions, we now
have a robust offering from design and racking to automation.”
This partnership represents a significant milestone for both
companies and reaffirms their dedication to deliver a
differentiated warehouse automation model. PWD will be led by
Co-founders Haynie Mayhew and Marc DeWall and continue to be
located in its Carrollton, Texas offices. The structure of the
partnership will allow PWD team members to become participants in
the Sammons Enterprises, Inc. ESOP.
D.A. Davidson Investment Banking is a leading full-service
investment bank that offers comprehensive financial advisory and
capital markets expertise. The group has extensive transaction
experience serving middle-market clients worldwide across four
industry verticals: Consumer, Diversified Industrials, Financial
Institutions, and Technology. Together with its European strategic
partner, MCF Corporate Finance, D.A. Davidson originates and
executes transatlantic M&A transactions under the common brand
of D.A. Davidson MCF International.
About D.A. Davidson Companies
D.A. Davidson Companies is an employee-owned financial services
firm offering a range of financial services and advice to
individuals, corporations, institutions, and municipalities
nationwide. Founded in 1935 with corporate headquarters in Great
Falls, Montana, and regional headquarters in Denver, Los Angeles,
New York, Omaha and Seattle, the company has approximately 1,600
employees and offices in 29 states.
Subsidiaries include: D.A. Davidson & Co., a full-service
investment firm providing wealth management, investment banking,
equity and fixed income capital markets services, and advice;
Davidson Investment Advisors, a professional asset management firm;
D.A. Davidson Trust Company, a trust and wealth management company;
and Davidson Fixed Income Management, a registered investment
advisor providing fixed income portfolio and advisory services.
For more information, visit dadavidson.com.
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Deal Team Contacts Chris Donegan, Managing Director | Boston |
cdonegan@dadco.com Zach Bohan, Associate | Denver |
zbohan@dadco.com
Media Contact Emily Roy Prosek for D.A. Davidson (646) 818-9232
eroy@prosek.com