Industry Press Releases

Dominus Capital Invests in Nevco Sports

Friday, Jul 07, 2017
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Nevco Sports, LLC is a leading designer, manufacturer, and marketer of customized sports scoreboards, integrated LED video boards, electronic display signs, sound systems, and related accessories. The company primarily sells its products to high schools, colleges, universities, stadiums, arenas, recreational facilities, and commercial properties. The company has a long established brand name that is recognized for quality, service, and reliability. In addition, the company has become a clear market leader in innovation and new product development. Nevco's traditional sports scoreboard and message center line provides stability while the dynamic LED video board line serves as the engine for significant growth. An ever-improving line of products and a large installed base build customer loyalty.

"We are excited about the investment from Dominus Capital, which brings both collegiate experience as well as the ability to execute on many initiatives at the Company," said Michael Lane, CEO of Nevco Sports.

Ashish Rughwani, Partner at Dominus Capital, added "We are looking forward to partnering with the management team as well as with Gayla and Scott Moore, the former owners of Nevco Sports who will continue to be meaningful shareholders and will remain involved with the business. We will support the company's strong growth in the LED video space and continue to expand their industry leading, high-quality scoreboard and related products portfolio. In addition to making a substantial financial commitment to Nevco Sports, we look forward to utilizing our previous experience in both the collegiate and manufacturing spaces. We will also bring our network of industry executives and operating partners to assist management in achieving their growth plans."

For more information on Nevco Sports and Dominus Capital, please visit www.nevco.com and www.dominuscap.com.

 

Source:prnewswire.com

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