Skip to main content

Bridgepoint Announces Majority Recapitalization of DBI, Inc. to Spire Capital

Written by Customer Service on . Posted in Mergers And Acquisitions.

Lenexa, KS, Aug. 05, 2020 (GLOBE NEWSWIRE) — Principals of Bridgepoint Investment Banking (“Bridgepoint”) acted as the sole sell-side financial advisor to DBI, Inc. (“DBI”) on their majority recapitalization to Spire Capital (“Spire”). DBI is an industry-leading nondestructive testing and inspection services company that has been providing timely and quality services to the oil & gas pipelines, power generation, and infrastructure industries throughout the Midwest for 28 years. Bridgepoint Managing Director Mike Anderson commented, “We are proud to work with DBI, a company with a reputation for excellence. Our team ran a great process during an extremely difficult time dealing with COVID-19 and we were able to deliver a terrific outcome for DBI’s shareholders. It is a pleasure to help partner another Kansas City based business with a capital provider that brings both capital and experience to help them take their business to the next level.” Jeff Hilfiker, President & CEO of DBI, stated “Bridgepoint ran a tailored, best-in-class process that partnered us with a premier private equity group, Spire Capital. During these unprecedented times with the pandemic, Bridgepoint still showed great trust, leadership and perseverance to ensure our company and shareholders received the optimal transaction for this next stage of growth.” About Bridgepoint Investment BankingBridgepoint Investment Banking, a division of Bridgepoint Holdings, LLC, is a market-leading boutique investment bank. The Bridgepoint team, through their broker dealer relationship with M&A Securities Group, Inc., an unaffiliated entity, serves clients over their corporate lifecycles by providing capital raising and M&A advisory solutions. Bridgepoint serves clients globally across a range of focus sectors including trucking and transportation.To learn more about Bridgepoint Investment Banking, please visit bridgepointib.com About DBI, Inc.Founded in 1992, DBI, Inc. is a leader in providing nondestructive testing, special inspections, mechanical integrity inspections, industry training and consulting services throughout the United States.AttachmentDBI Acquired by Spire CapitalMike Anderson
Bridgepoint Investment Banking
402.817.7902
manderson@bridgepointib.com

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Cookie Notice

We use cookies to improve your experience on our website

Information we collect about your use of Goldea Capital website

Goldea Capital website collects personal data about visitors to its website.

When someone visits our websites, we use a third party service, Google Analytics, to collect standard internet log information (such as IP address and type of browser they’re using) and details of visitor behavior patterns. We do this to allow us to keep track of the number of visitors to the various parts of the sites and understand how our website is used. We do not make any attempt to find out the identities or nature of those visiting our websites. We won’t share your information with any other organizations for marketing, market research or commercial purposes and we don’t pass on your details to other websites.

Use of cookies
Cookies are small text files that are placed on your computer or other device by websites that you visit. They are widely used to make websites work, or work more efficiently, as well as to provide information to the owners of the site.