35 Capital to Acquire Dove Tail Bat, LLC.

Thirty-5 Capital is proud to announce its acquisition of 49% of Dove Tail Bat, LLC.  Dove Tail Bat is a manufacturer and supplier of premium quality baseball bats, bat billets and merchandise, and has earned a loyal and growing customer base throughout all levels of the sport including many professional baseball players. Majority owners Paul and Theresa Lancisi were excited to meet Ron Saslow and learn about Thirty-5 Capital.  “We interviewed many potential investors but chose Thirty-Five Capital due to Ron’s 30 years of experience in acquiring, leading, growing and selling start-up and family businesses” said Paul Lancisi, Dove Tail’s CEO.  Theresa Lancisi, Dove Tail’s COO added, “Ron not only has great experience in what we are trying to accomplish with our family business, but also shares our passion for our products and the cultural values we have incorporated at DTB.”  “Paul and Thresa have done an amazing job building the foundation of DTB through hiring a talented team of professionals, creating truly differentiated products, and earning a loyal following of customers,” said Ron Saslow.  “I’m excited to help them expand operations and capacity, add products and services, strengthen their brand, and expand their global reach.”

About Thirty-5 Capital: Founded by Ron Saslow, Thirty-5 Capital (www.35capital.com) is a private equity firm with the mission of helping start-up, early stage, and family businesses grow through the strategic infusion of capital and hands-on leadership participation.  For over 30 years Ron held many roles within his family business, Hu-Friedy Mfg. Company, including 20 years as President, Chairman & CEO. During his tenure, the company enjoyed tremendous growth both organically and through the acquisition of 8 family businesses.  By 2019 Hu-Friedy earned sales in excess of $220,000,000 and sold products in more than 70 countries.  After an extremely successful 30 year run, Ron sold the corporation for a record setting multiple for a manufacturing company in the dental industry.

About Dove Tail Bats: Founded by Master Woodworker Paul Lancisi and his wife Theresa, Dove Tail Bats (dovetailbat.com) evolved from a successful 24 year-old furniture business into a premium baseball bat manufacturer and bat billet wholesaler.  The company is located in Shirley Maine and purchases unique high quality hard wood from local sources.  Their bats are exclusively MADE IN AMERICA.  When Paul and Theresa’s son was playing high school baseball he used many different brands of bats but couldn’t find ones with consistently high quality. They broke too easily, were inconsistent in size and shape and/or didn’t seem to have enough “pop” when he would barrel up a ball.    Using his 24 years of woodworking experience Paul embarked on a journey to design and manufacture bats that perform better and last longer than the ones currently on the market.  After months of experimenting with different woods, designs, manufacturing processes and proprietary finishing techniques, he created his first collection of prototypes.  His son and his teammates immediately realized the high quality and uniqueness of the newly designed bats, and Dove Tail Bat was born.  DTB now manufactures the preferred bats of many players, from professionals to little leaguers, and everyone between.