We are pleased to announce the sale of our client, Modern Woodcrafts LLC, to a Private Investor. The deal closed March 3, 2023.
Modern Woodcrafts, located in Plainville, Connecticut, is a leading architectural millwork manufacturer that provides unique, intricate woodwork designs to contractors remodeling a myriad of commercial buildings. In operation for over 60 years, the Company has developed a broad set of capabilities and has completed work on many stunning projects that can be seen in numerous skyscrapers across New York City.
Modern Woodcrafts manufactures state-of-the-art, finely crafted millwork for the interiors of high-end commercial buildings. The Company’s finishing capabilities are unmatched in its operating region, which allows Modern Woodcrafts to stand out as a provider of the most visually elegant millwork in New York City.
The Company offers its customers end-to-end project management, from engineering and design to installation. The Company’s complete oversight of the project from start to finish and its highly experienced staff allow Modern Woodcrafts to offer a level of quality unmatched in the industry.
Generational Equity Executive Managing Director, M&A-Technology Practice Leader, David Fergusson, Jeff Carignan, a Generational Group Authorized Affiliate, with the support of Managing Director, M&A, Corey Painter, successfully closed the transaction. Senior Managing Director, Ashok Tandon, established the initial relationship with Modern Woodcrafts.
“A truly great match and welcome deal for both parties. Modern Woodcraft has a sterling reputation and a modern manufacturing plant with experienced employees. The buyer is highly motivated to enter the industry and add Modern Woodcrafts to vertically integrate its capabilities,” said Carignan.
If you would like to explore other transactions our associates have supported in this industry, visit our dedicated Industrials M&A Deals page.
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