FOCUS Investment Banking Advises CapstanAG in its Acquisition by Nordson Corporation
Washington, DC, (March 23, 2026) – FOCUS Investment Banking (“FOCUS”), a national middle market investment bank providing merger, acquisition, divestiture, and corporate finance services, is pleased to announce that it has advised the shareholders of Capstan Ag Systems, Inc. (“CapstanAG”) on its sale to Nordson Corporation (NASDAQ: NDSN) in an all-cash transaction. FOCUS served as exclusive financial advisor to CapstanAG in connection with the transaction.
The acquisition enhances Nordson’s capabilities in precision agriculture and broadens its reach across North America, further advancing its Industrial Precision Solutions segment following the acquisition of the ARAG Group in June 2023.
“The combination of CapstanAG and ARAG will be beneficial to our customers and employees by having access to global infrastructure,” said Jeff Grimm, Director of Operations at CapstanAG. “In addition, access to world-class components and manufacturing capabilities will allow us to better serve our customers.”
The transaction supports Nordson’s strategy to expand its precision agriculture platform in North America and realize synergies with its ARAG acquisition, while driving incremental growth through new customer acquisition and cross-selling opportunities supported by CapstanAG’s strong market position and long-standing OEM relationships.
“The acquisition of CapstanAG represents a strategic step in our growth journey,” added Daniel Neves, Vice President of Nordson Precision Agriculture. “CapstanAG strengthens our portfolio of fluid-management solutions and increases our presence in the North American market, further expanding our ability to support customers with cutting-edge technologies.”
CapstanAG’s established customer base and recurring revenue streams across both product and aftermarket sales complement Nordson’s precision agriculture capabilities and align with its strategy of investing in technology-driven, advanced manufacturing businesses serving attractive, high-growth end markets.
Stan Gowisnock, Managing Director at FOCUS Investment Banking, said, “CapstanAG has built an exceptional reputation through innovation and customer-focused engineering. We are proud to have advised the shareholders on this successful transaction and believe Nordson provides a strong strategic platform for the company’s continued growth.”
*These testimonials may not be representative of the experience of all clients; testimonials are not a guarantee of future performance or success.
Mr. Gowisnock has helped businesses thrive through industry ups and downs by continuously challenging what’s expected and by identifying opportunities to stand out in a crowded marketplace. He helps companies create customer experiences, digital strategies, and rapid innovations by combining design methods and emerging technologies and data that excite and retain Fortune 100 clients. In addition, he is highly skilled in cross border transactions both on the buy and sell sides.
He also helps deliver marquis customer acquisition and retention solutions by connecting and unifying disciplines, diverse mindsets, and organizational functions in pursuit of customer satisfaction and corporate values.
Before joining FOCUS, Mr. Gowisnock was President and CEO of Cardone Industries, a leading global automotive manufacturer with more than 45,000 products and 6,000 employees in the U.S., China, Canada and Mexico. He helped engineer the sale of Cardone to Brookfield Asset Management, a private equity group with more than $500 million in assets. Prior to Cardone, Mr. Gowisnock was President and CEO of DST Inc., where he directed the digitalization of the company’s automotive supply chain prior to its sale to Solera Holdings, Inc.
Mr. Gowisnock earned a degree in Computer Engineering from the University of Bridgeport.
