Company Description

Daboosh Investments LLC is a private equity firm headquartered in Cleveland, Ohio and has been active since 2009. Daboosh acquires lower middle-market Midwest companies, often founder-led, in various industries. The sectors that are the main focus are business services, distribution, energy services & equipment, information services and manufacturing.

Services Provided

MelCap Partners served as the exclusive investment banker and financial advisor in identifying this acquisition for its robust portfolio of business.

The Result

After evaluating several potential acquisition targets, Daboosh made the strategic decision to acquire GS Industries of Bassett, Ltd. GSIB, located in Bassett, VA, specializes in custom injection molding and produces high-margin components for crucial infrastructure. Under new ownership, GSIB is expected to grow their customer base, market presence, and manufacturing capacity.