Fort Dearborn Partners, Inc. is pleased to announce the successful sale of D&D Tooling and Manufacturing, Inc. (“D&D Manufacturing” or “D&D”) to MultiTech Industries, a portfolio company of Argonaut Private Equity. We received multiple offers and the owners selected what they believed was the best strategic fit. The transaction closed on December 5, 2025.

D&D Manufacturing is a world-class provider of highly engineered tooling, metal stamping, and assemblies serving the automotive, consumer goods, appliance, and electronics industries, with operations spanning its corporate headquarters and engineering center in Bolingbrook, Illinois, a manufacturing facility in El Paso, Texas, and a plant in Monterrey, Mexico. Facing a number of operational and financial headwinds, D&D required a solution that could deliver both immediate operational support and long-term capital resources. After a comprehensive marketing process, MultiTech emerged as the ideal partner, bringing deep sector expertise, a complementary platform, and Argonaut's backing to position the business for its next phase of growth.

This transaction underscores Fort Dearborn's ability to navigate complex, time-sensitive situations and deliver strategic outcomes for stakeholders. Our team's experience in distressed and special situations enabled us to run a competitive process and close a transaction that maximized value under challenging circumstances.