Quantum Ventures of Michigan Completes Successful Divestment in Manufacturer of User Interface Components
AUBURN HILLS, Mich., April 20, 2011 /PRNewswire/ -- Quantum Ventures of Michigan, LLC (www.qvmllc.com), a corporate development and private investment company specializing in middle-market opportunities across a broad set of industries, today announced its divestment in Miller Dial, LLC. The California-based manufacturer, which was acquired by Quantum in 2004, is internationally recognized as a leader in user interface component and graphic product identification solutions.
"We are pleased with the value creation achieved at Miller Dial as result of the collaboration between Quantum and that company's management team during the last six-and-a-half years," commented Scott Kania, Chief Financial Officer of Quantum. "As we continue to strengthen the position of our portfolio operating assets in their respective markets, Quantum will continue to pursue opportunities within the middle market that align strategically with our long-term operating goals."
About Quantum
Quantum Ventures of Michigan is a corporate development and private investment company based in Auburn Hills, Mich. The Company considers opportunities across a broad set of industries, but has particular interest in industrial parts manufacturing, distribution, industrial equipment, interactive technologies, and financial services. Quantum is differentiated from other corporate development firms by its unique approach to middle-market management, which is guided by a carefully assembled executive team with a blend of strategic, operational and financial expertise.
Quantum's leadership team consists of professionals that have served as CEOs, CFOs, COOs, and senior legal advisors to public and private companies with revenues ranging from $5 million to over $1 billion. As a result, it has proven track record of acquiring, operating, growing, and harvesting middle-market businesses. To learn more about Quantum, visit www.qvmllc.com.
About Miller Dial
Based in El Monte, Calif., Miller Dial is an internationally-recognized manufacturer of user interface components and graphic product identification solutions, including: metal and plastic nameplates, domed labels, decals, graphic overlays, membrane switches, rubber keypads, touch screens and LCDs. Visit www.millerdial.com for more information on Miller Dial.
Contact:
Mike Brinich, Director of Communications
Office: 248.292.0879; Mobile: 586.703.6966
SOURCE Quantum Ventures of Michigan, LLC
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