October 2, 2009
New Haven, Connecticut – October 2, 2009 – Woodbridge is pleased to announce the sale of its client RO-An Manufacturing, a specialty manufacturer of industrial machinery to Thiele Technology a leading manufacturer of industrial technologies.
“The strategic buyer in this deal purchased our client’s company to increase market share and extend their product line,” said Robert Koenig, president of Woodbridge, who managed the transaction. “Our tenacity and resourcefulness in getting this deal done resulted in a positive outcome for our client who built a respected brand of machinery.”
The seller maintains a large installed base of its equipment worldwide, and its machines have applications for a range of industries.
Woodbridge provides sell-side, buy-side and distressed company mergers and acquisitions services and capital raising services to businesses with $5 million to $100 million in sales. The firm operates out of 13 locations: Connecticut, New York, New Jersey, California, Massachusetts, Illinois, Georgia, North Carolina, Texas, Washington, D.C., the Netherlands, Canada and Brazil.
Woodbridge, LLC., an international M&A firm, was founded in 1993 to provide divestiture and acquisition services to middle market companies.