The MAVA Group Acquires Dome
Mirus Capital Advisors, Inc., one of the largest independent middle-market investment banking firms in New England, is pleased to announce that it has advised The MAVA Group on a management-led buyout of Dome Publishing Company (“Dome”) and Data Binding, Inc. (“Data Binding”). The transaction closed on August 30, 2024 for an undisclosed value.
The MAVA Group, a newly formed entity, is a manufacturer of accounting and bookkeeping products, therapeutic compression wraps for people and pets, and support gloves for work or sports. Michael Karsay, Chief Executive Officer of Dome Publishing Company and Data Binding, Inc., will continue as CEO of The MAVA Group. He brings extensive knowledge and experience in the manufacturing industry and is committed to ensuring the legacy and continued growth of the businesses through this strategic acquisition.
Founded in 1945, Data Binding designs, produces and sells a variety of accounting and bookkeeping products, including bookkeeping, check, and deposit registers, corporate tax files, payroll products, home budgeting tools, personal tax files, property rental logs, vehicle mileage and expenses records, travel expenses logs, and notary public record books. Dome Publishing Company, founded in 1947, manufactures therapeutic compression wraps for people and pets under its “Healit” brand, as well as support gloves for work or sports. Its products are designed to prepare the body, prevent injury, protect against re-injury, and enhance performance across various activities and conditions.
“Throughout the long negotiation process of acquiring The Dome Companies, it was Mirus Capital Advisors that prepared and guided me through the financial road map on the way to successfully closing the deal,” said Michael Karsay, president and CEO of The MAVA Group. “Mirus was spot on with company valuation and capital needs. Mirus is a true partner and an invaluable asset to any acquisition process,” he concluded.
Stuart Rose, partner with Mirus Capital Advisors, stated, “Michael and his management team will leverage their combined strengths, driving innovation and market expansion. The MAVA Group is well positioned to become a leader in the health, fitness, and specialty printing markets. We are excited about the company’s future and wish them long-term success.”
About Mirus Capital Advisors, Inc.
Successful business owners have turned to Mirus Capital Advisors for more than 35 years to help them realize their ultimate accomplishment – the sale of their business. As a mid-market investment bank focused on mergers and acquisitions, Mirus drives successful deals for companies in the business services, technology, industrial, consumer products, and healthcare sectors. Mirus has proven time and again that its deep industry expertise, focus on relationships, thorough preparation, and unwavering commitment to every deal lead to meaningful accomplishments for business owners. For more, visit www.merger.com.
