# TGP Investments acquires DSI Dynamatic

TGP Investments II, LLC has acquired Omnidrive Holdings, LLC (DSI Dynamatic), a supplier of Eddy Current variable speed drives, brakes, and controls. Gary Cavey was named CEO concurrent with the acquisition.

- Type: Acquisition
- Announced: 2016-11-23
- Where: Sturtevant, Wisconsin, United States
- Status: completed
- Products: Eddy Current variable speed drives, brakes, controls
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [TGP Investments](https://endata.com/companies/12359.md) (acquirer)
- [DSI Dynamatic](https://endata.com/companies/19747.md) (target)

## Sources

- [tgpinvestments.com](https://tgpinvestments.com/tgp-investments-announces-the-acquisition-of-dsi-dynamatic/), 2016-11-23: "TGP Investments II, LLC, the manager of private equity investment fund TGP Capital Partners II, LLC, is pleased to announce that the fund has acquired Omnidrive Holdings, LLC in partnership with its management team."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.