BOCA RATON, Fla.: Palm Peak Capital (“Palm Peak”), a private equity firm investing in lower-middle market industrial and services companies across North America, today announced that it has completed its second platform investment this year with the corporate carve-out acquisition of Domaille Engineering (“Domaille” or the “Company”), a leading provider of highly advanced equipment and related accessories used to manufacture pre-terminated fiber optic cables.

Founded in 1990 and headquartered in Rochester, Minnesota, Domaille was previously a division of ADDMAN Engineering. The Company produces innovative equipment and tools used to manufacture advanced high bandwidth fiber optic cables. The company’s diverse customer base includes leading cable assembly houses and commercial clients serving data centers, telecommunications providers, and other enterprise end markets. Domaille is led by an experienced leadership team with deep technical expertise and extensive industry experience, and capacity to support future growth.

The fiber optics industry is experiencing robust growth, underpinned by accelerating demand from data centers, telecom networks, and the ever-increasing internet-of-things. Data center expansion—driven by generative AI, continued cloud migration, and surging traffic—is expected to fuel double-digit annual growth in fiber demand through the end of the decade. In parallel, robust telecom investment is expected to continue through deployment of more fiber-based networks, large-scale fiber-to-the-home subsidies, and rising global bandwidth needs as more products and services become digital.

“With significant intellectual property and technical manufacturing expertise, Domaille Engineering is a clear leader in fiber optic manufacturing solutions, serving customers in some of the fastest-growing areas of the digital economy,” said Dante Pavone, Vice President at Palm Peak. “We are excited to partner with Domaille’s CEO Michael Utley and the rest of the team in an effort to accelerate their product innovation and growth.”

“The Domaille team is thrilled to partner with Palm Peak,” said Utley, “as their commitment to investing in technology-driven manufacturing aligns well with our vision to meet the growing demands of the global digital infrastructure buildout. Together, we are well positioned to enhance our capabilities and continue delivering best-in-class solutions for our customers.”

Lynn Skillen, Senior Managing Director of Operations at Palm Peak, added, “We are excited to partner with a team that has led the way in fiber optic equipment innovation to support an acceleration of their product development, capacity expansion, and overall capabilities.”

Lincoln International served as the exclusive financial advisor to Domaille.

About Palm Peak Capital

Palm Peak Capital, LLC is a private equity firm that invests in lower-middle market industrial and services companies across North America. Palm Peak targets control buyouts of fundamentally sound businesses with tangible opportunities for operational improvement and growth. The Firm provides integrated and comprehensive resources to company management teams seeking to achieve their "Peak Performance." For more information, please visit www.palmpeakcapital.com.

Palm Peak Capital was established in 2024 by Steven Liff, Daniel Florian, and Jeremy Stone (together, the “Managing Partners” or “Co-Founders”), who bring over 17 years of experience working together in acquiring and enhancing companies within Palm Peak's focus in the industrial and services sectors. The Co-Founders have direct experience with similar sized specialty manufacturers operating in niche markets, where they oversaw significant operational improvements that led to increased market share and revenue growth.

About Domaille Engineering

Domaille Engineering is a leading provider of advanced equipment and accessories for the production of high bandwidth, pre-terminated, fiber optic cables. Domaille customers serve critical digital infrastructure end markets including data centers, telecommunications, and enterprise requirements worldwide. Headquartered in Rochester, MN, Domaille operates a state-of-the-art manufacturing facility with capacity to support sustained growth. For more information, please visit www.domailleengineering.com.

Fonte: Business Wire