ORIX Mezzanine & Private Equity is pleased to announce the recapitalization of United Enertech Corporation (“United Enertech”) with DalFort Capital Partners (“DalFort”). ORIX Mezzanine & Private Equity provided equity to support the transaction led by DalFort in partnership with the management team.
Based in Chattanooga, Tennessee, United Enertech designs, develops and manufactures mechanical and architectural air movement and control products, primarily for the commercial, industrial and power generation markets. Its products include dampers, louvers, roof curbs and rails, sunshades, grills/diffusers, access doors and ventilators. Since its founding in 1988, United Enertech has undergone significant growth, and ORIX Mezzanine & Private Equity is excited about the opportunity to partner with DalFort and the management team to continue to grow the business.
Andy Schwall, President of United Enertech, added, “DalFort and ORIX Mezzanine & Private Equity were able to deliver more than transactional capital, ensuring continuity of our team and family ownership. We are pleased to have secured such partners for our next phase of growth.”