MacDiarmid Machine Corp. acquired by Potentia Holdings, LLC

NEWBURYPORT, Mass. – MacDiarmid Machine Corporation has been acquired by Potentia Holdings, LLC to join its group of metal products manufacturing companies.

The transaction was coordinated by Ken Schaefer, deputy director, and John Howe, director, of Business Transition Strategies.

MacDiarmid Machine provides high quality machining services, from prototype to short production runs, to a wide range of sectors, largely within the Northeast.  Using state-of-the-art CNC equipment and integrated manufacturing software, its customers receive top quality products designed to their exact specifications.

The company was formed by Scott MacDiarmid in 1988 and grew steadily through the years. Through that period it developed a reputation for rapid turnaround of projects and quality workmanship.

MacDiarmid will remain with the company through a transition period after which he plans to retire.

David Slutz is managing director of Potentia Holdings, LLC, which is based in Lakeville, and will be working along with partners to preserve the company and grow its market reach. Potentia focuses on growth-oriented industrial companies looking to grow in a long-term, value creating environment.

Business Transition Strategies is a New England-focused M&A firm with offices in Andover, Mass. and Pembroke, N.H. It works with owners of private companies who want to sell. It has sold manufacturing, distribution, machining and coating companies in New Hampshire and Massachusetts.

What our clients are saying...

“It is a privilege to write a letter of recommendation on behalf of Business Transition Strategies. …As with any family business, negotiations need to be handled delicately and, as with any sale, both parties need to be satisfied with the end result. Quite frankly, without their help, this could not have been achieved. John Howe and Ken Schaefer skillfully analyzed the books and were able to bridge the gap between the sellers’ belief of what the company was worth and its actual worth. Their style is objective, straightforward, thorough and kind in the delivery of their assessment. After the sale was achieved to both parties’ satisfaction, John and Ken were hired to help with the adjustment of the acquisition and the financial health of the company moving forward. I can highly recommend this talented group of experienced business advisors to any company in need of clear and thoughtful company planning and adjustments.”

- Jane Longden

Decora