Press Releases

CONCORD, NH, April 2024 Business Transition Strategies (BTS), now a Touchstone Advisors Company, served as mergers and acquisition advisor for three-generation manufacturer Wasik Associates, a global market leader and producer of Electron Beam Processing Systems based in Dracut, Massachusetts. Wasik was founded in 1982 by Peter Wasik Sr., continued after…

January 2024 Hartford, CT.—Touchstone Advisors, a mergers and acquisition (M&A) advisory firm providing M&A and other transaction services to the lower middle market, is pleased to announce the merger with Business Transition Strategies (BTS). BTS, a regional M&A firm with offices in Concord, NH and Andover, MA provides advisory services…

Matt Moynihan has joined the Business Transition Strategies team as an M&A advisor and sales associate. Matt’s career has focused on the Electronic Materials market which develops and produces materials used in the semiconductor and electronics industry. He comes to the new role with over 25 years’ experience in various…

Dave Clough has joined BTS as a sales associate with the goal of helping to transition ownership of private companies within the lower mid-market. He brings to this role deep experience as a business growth and staff development consultant, most recently in an affiliation role with Business Transition Strategies. “We…

Concord, New Hampshire – Cornerstone International Alliance (C.I.A.) members completed 146 business transactions in 2021, setting a new record of more than $1.1 billion in value. The Alliance is comprised of 25 industry-leading M&A and investment banking firms in the U.S., and across the globe, focused exclusively on serving businesses…

BOW – PlasTech Machining Fabrication, Inc. has been acquired by DelCam Holdings and will become part of DelCam Manufacturing, a private group that includes a variety of New England-based manufacturing and fabrication companies. Ken Schaefer and John Howe of Business Transition Services, an M&A firm serving the lower mid-market based…

Cornerstone International Alliance Focused on Serving Lower Middle Market Business Transition Strategies has joined Cornerstone International Alliance (C.I.A.) as a founding partner. The new, international mergers and acquisition alliance is comprised of 17 industry-leading M&A and investment banking firms focused exclusively on the lower middle market. The Alliance is dedicated…

Many companies perform complex, highly technical work and require special treatment when it comes to a transition and sale. A good M&A process, managed by advisors who stay current with trends, participate in continuing education and remain involved in professional groups can make the difference. Such was the case for…

BTS welcomes Carl Vercollone to its team of advisors working with the owners of privately held companies in New England. Carl has over 30 years’ experience in the banking industry. Carl’s banking experience encompasses corporate finance, equipment finance, structured finance and project finance. Additionally, over the past ten years he…

BILLERICA, Mass. – Interstate Arms Corporation (IAC), a leading distributor to the law enforcement, corrections, security and public safety markets, has been purchased by Witmer Public Safety Group, based in Abbottstown, Pa. Business Transition Services, an M&A firm based in Pembroke, N.H. and Andover, Mass., identified the buyer and coordinated…

Allenstown, New Hampshire – Industrial Device Investments LLC (IDI), a Knoxville, Tennessee investment firm focused on industrial product companies, has completed its control investment in Materials Research Furnaces, Inc. (MRF). MRF is an internationally known authority in the manufacturing, design and repair of specialized high temperature furnaces. Peter Sanborn will…

NORTH WALPOLE – JH Dunning Company, a manufacturer of quality retail merchandising units and finely crafted wooden cases for precision tools and presentation since 1906 has acquired Vermont Custom Cabinetry, a manufacturer of custom kitchen cabinetry since 1984. Vermont Custom Cabinetry serves a blend of commercial and residential clients across…