D.A. Davidson Advises Douglas Dynamics in Acquisition of Venco Venturo Industries

In a significant move within the manufacturing sector, D.A. Davidson has announced its role as the financial advisor to Douglas Dynamics, Inc. for the acquisition of Venco Venturo Industries LLC. This strategic purchase enhances Douglas Dynamics’ standing as a premier North American manufacturer of work truck attachments and equipment.

Overview of the Acquisition

Douglas Dynamics is renowned for providing innovative work truck solutions. Venco Venturo, known for its expertise in truck-mounted cranes and dump hoists, complements Douglas Dynamics’ existing portfolio. The acquisition is an essential step as Douglas Dynamics aims to strengthen its offerings in the work truck industry.

Venco Venturo’s Legacy

With over 70 years of experience, Venco Venturo has built a reputation for delivering a comprehensive range of electric light-duty cranes and hydraulic solutions tailored for the work truck market. Their products are trusted by customers across the United States, making them a valuable asset for Douglas Dynamics.

Insights from D.A. Davidson

Eric Stetler, Managing Director and Head of Diversified Industrials and M&A at D.A. Davidson, remarked, “Venco is a great business. We appreciated the opportunity to work with Douglas throughout the process and share our industry insights.” Stetler expressed enthusiasm for how Venco Venturo will enhance Douglas’s market leadership in work truck attachments.

Vision from Douglas Dynamics’ Leadership

Mark Van Genderen, President and CEO of Douglas Dynamics, stated, “This acquisition represents a meaningful first step in the execution of our Activate strategic pillar, which focuses on acquiring complex attachments to enhance our portfolio.” He also acknowledged D.A. Davidson’s expertise in helping analyze this strategic opportunity.

Continued Growth for D.A. Davidson

The successful transaction underscores the strength of D.A. Davidson’s Machinery & Equipment practice and highlights the ongoing momentum in its Diversified Industrials Investment Banking Group. This acquisition is a testament to the firm’s commitment to serving clients in the middle market across various sectors.

About D.A. Davidson

Founded in 1935, D.A. Davidson is an employee-owned financial services firm offering a wide array of services, including investment banking, capital markets, and wealth management. With approximately 1,600 employees and offices across 30 states, the firm is recognized for its extensive transaction experience in four primary sectors: consumer, diversified industrials, financial institutions, and technology.

Subsidiaries of D.A. Davidson

• D.A. Davidson & Co.: A full-service investment firm providing a wide range of financial services.
• Davidson Investment Advisors: A professional asset management firm.
• D.A. Davidson Trust Company: Focuses on trust and wealth management services.
• Davidson Fixed Income Management: Offers fixed income advisory and portfolio services.

For more detailed insights and updates, visit D.A. Davidson’s official website.

Contact Information for Deal Team

For inquiries related to this acquisition:

• Eric Stetler
  Managing Director & Head of Diversified Industrials and M&A
  Email: estetler@dadco.com

• Dylan Fodel
  Vice President
  Email: dfodel@dadco.com

• Tayler Pettit
  Associate
  Email: taylerpettit@dadco.com

Media Contact

• Emily Roy
  Prosek for D.A. Davidson
  Phone: (646) 818-9232
  Email: eroy@prosek.com

For additional information, you can access the full release on Business Wire.

By focusing on the strategic implications of this acquisition and D.A. Davidson’s advisory role, this article serves to clarify the importance of the transaction for both companies and highlights the expertise of D.A. Davidson in navigating such complex deals in the diversified industrials sector.