Foley & Lardner LLP represent Dallas-based private equity firm Clavis Capital Partners in its acquisition of Seattle-based DCG ONE.
The transaction, which closed on January 2, 2020, represents Clavis’ fifth platform acquisition since its founding in 2013. Led by Clavis founder and managing partner, Todd Dauphinais, Clavis and its partners have deployed over $100 million in equity capital since its founding, investing in a variety of middle market businesses throughout the U.S. with an aggregate value exceeding $250 million. Clavis Capital Partners focuses on investments in under resourced, middle-market businesses with enterprise values been $25 million to $200 million.
Founded in 1965, DCG ONE is one of the largest marketing service providers on the West Coast, providing specialty print services, packaging, and integrated business solutions to major brands across a range of industries and end markets. While rooted in the specialty print production of marketing and branding collateral, DCG ONE has evolved into an outsourced strategic marketing and branding provider for major, Fortune 500 companies. Led by Brad Clarke, Tammy Peniston and Terry Storms, the company has over 300 employees in four production facilities with over 150,000 square feet of manufacturing space.
Partner Chris Converse led the Foley team representing Clavis, along with Foley senior counsel Chris Babcock and associates Arthur Vorbrodt and Nicole Smith.