Press Releases

BTS Facilitates Sale of Highland Park Market

Coventry, CT – Business Transition Strategies (BTS), a Touchstone Advisors company, is proud to announce the successful sale of Highland Park Market to Harsh Patel. BTS represented Matt Miner, the former owner, in the transaction. Highland Park Market, a beloved, full-service upscale grocery store located in Coventry, CT, has been…

BTS Advises on Wasik Associates Transition

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…

Touchstone Advisors Announces Merger with Business Transition Strategies (BTS)

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…

Dave Clough Joins BTS Team

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…

$1.1 Billion Set New Record for C.I.A. Members

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…

PlasTech Acquired by DelCam Manufacturing

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…

BTS is Founding Partner of New Global M&A Alliance

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…

Manufacturing Company Sale Named Deal of the Year

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…

IDI makes control investment in NH research furnace Co.

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…

JH Dunning acquires Vermont Custom Cabinetry

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…

CAI Technologies Acquires GIS Mapping & Analysis

CAI Technologies (CAI), a municipal mapping and GIS services company located in Littleton, New Hampshire, is pleased to announce its acquisition of GIS Mapping & Analysis (GISM&A), a Geographic Information Systems (GIS) company located in Portland, Maine. The acquisition is an important part of CAI’s strategic growth and service expansion…

Endur ID acquired by Capital Resource Partners

Hampton, NH – Endur ID (“Endur” or the “Company”), a designer of identification wristbands, cards and accessories, has been acquired by Capital Resource Partners, a private investment firm based in Boston. The company was advised through the process by John Howe, Director, and Ken Schaefer, Deputy Director, of Business Transition…

What our clients are saying...

“New Image Coatings, owners of Seal-Once, retained Business Transition Strategies in April of 2015 to locate a strategic buyer for the company. This was successfully completed during April of 2016 when we were acquired by UC Coatings of Buffalo, New York. Working at our side throughout this process were John Howe director, and Ken Schaefer, deputy director, of Business Transition Strategies. From the start of the project, where the information memorandum was developed, to helping us create the management presentation to acquirers, through negotiating the letter of intent and then the definitive agreement, they were there with me and our professional team every step of the way. It took nearly one year to the day to complete the project, but they never lost focus on my best interests and helped me keep my eye on business. This sale was very complex. It included transfer of trade secrets from the product developer, …as well as the transfer of a manufacturing and licensing agreement we had with the core compound producer… John and Ken marketed the company to a range of strategic acquirers, including a number of private equity groups and their platform companies, which ultimately resulted in an agreement with United Coatings… BTS’s level of expertise in the process and close attention to detail enabled us to successfully navigate the deal. I would recommend John Howe and Ken Schaefer to any company owner considering selling.”

- Hank Croteau

New Image Coatings