Bundy Group Advises Dorsett Technologies on its Sale to Midwest Mezzanine Funds
May 20, 2019 (Charlotte, NC)
Bundy Group, a boutique investment bank focused on the advisory needs of clients for over 30 years, announces that it has advised Dorsett Technologies (Dorsett) in connection with its sale to an investment entity backed by Midwest Mezzanine Funds (MMF) and MC Controls, an infrastructure company owned by Mason Miller, an operating executive with experience in the energy and infrastructure markets. Dorsett Technologies provides industry-leading Supervisory Control and Data Acquisition (“SCADA”) technology systems used to monitor water, wastewater, stormwater, energy management, air quality, security, and intelligent business controls. Clint Bundy, Managing Director with Bundy Group, led the transaction.
With more than 40 years of experience in providing controls and automation solutions, Dorsett’s offerings and services allow clients to more effectively monitor their assets, improve productivity, and protect facilities against outside threats.
Tom Dorsett, President of Dorsett Technologies, stated, “Dorsett Technologies is a premier name in the Controls & Automation sector, as our team has worked diligently to build a customer-centric organization with leading technology systems.” He added, “We believe the partnership with MMF and MC Controls will only help Dorsett Technologies to further accelerate its growth and brand in the coming years.”
“The Dorsett transaction is another in a series of recent transactions in the Controls & Automation sector,” commented Clint Bundy. “The Dorsett team has done an outstanding job of building a leading industrial technology organization, and, with Mason Miller added to the senior management team, should realize tremendous growth in the future.”