DPC Holdings (Doncasters Group), a specialist manufacturer of complex engine products for aerospace and defense, filed on Tuesday with the SEC for an initial public offering we estimate could raise up to $150 million.
Doncasters Group manufactures precision cast components and nickel- and cobalt-based superalloys for the hot sections of aerospace engines and industrial gas turbines, including turbine blades, vanes, structural castings, and turbocharger wheels. Operating across 14 facilities globally, the company serves leading OEMs under long-term agreements. Its products operate in extreme temperature and pressure environments, requiring specialized metallurgical expertise and large-scale casting equipment. The company serves both the OEM and aftermarket channels across the commercial aerospace, defense, and industrial gas turbine end markets.
The Derbyshire, United Kingdom-based company was founded in 1778 and booked $886 million in revenue for the 12 months ended March 31, 2026. It plans to list on the NYSE under the symbol DPC. DPC Holdings filed confidentially on April 15, 2026. Jefferies, Morgan Stanley, Barclays, Moelis & Company, RBC Capital Markets, and Rothschild are the joint bookrunners on the deal.
