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.”
Bundy Group Expands Team and Opens New York Office; Stewart Carlin Hired as Director
January 1, 2019 (New York, NY)
Bundy Group, a 30-year-old boutique investment bank, has announced the addition of Stewart Carlin as a Director with the firm. Stewart brings more than a decade of experience in financial operations and investment banking advisory to the team at Bundy Group.
Stewart will be leading Bundy Group’s New York office, where he will focus on technology and cybersecurity, complementing Bundy Group’s existing Controls & Automation and Industrial Technology sector coverage, while also expanding the team’s existing area of expertise in Healthcare.
“We have had a relationship with Stewart for a number of years, and we are excited to have him on the Bundy Group team,” says Clint Bundy, Managing Director with Bundy Group. “Our launch of a New York office, led by Stewart, further demonstrates our company’s commitment to growth, industry coverage, and quality client service.”
Prior to joining Bundy Group, Stewart served as Chief Financial Officer of Impesa, where he was an influential leader in driving the financial strategy and capitalizing the company for expansion throughout the United States and Latin America. Over the course of his career, Stewart has fulfilled key strategy roles for growth companies and Fortune 500 companies alike, with corporate finance experience at Johnson & Johnson Innovation, Coty, and Neal Communities. He has also worked with Houlihan Lokey’s Mergers & Acquisitions group advising both public and private clients on strategic M&A transactions.
Stewart graduated from the University of Notre Dame, where he was a member of the Division I ice hockey team. He received a Bachelor of Business Administration in Finance with a minor in political science. Stewart is a CFA® Charterholder, holds the Series 65 securities registration, and is a graduate of the Johnson & Johnson Finance Leadership Development Program.