< Return to Press Releases

BTS coordinates welding company sale in New York

ALBANY, N.Y. – Haun Welding Supply, Inc., a 4th generation welding supply company based in Syracuse has acquired the Albany division of Cryo Weld, Inc., itself a family owned business based in Poughkeepsie.

The sale was coordinated by Business Transition Strategies of Pembroke, N.H. and its associate, Mark Lagasse.

The acquisition enhances Haun’s footprint in the Northeast which includes 20 locations in upstate New York, Vermont, Northern Pennsylvania and western New Hampshire.

Haun supplies the welding industry with general supplies, gases and specialized welding training programs. Its customers range from manufacturing and fabrication to medical and education fields.

Cryo Weld will continue as an independent welding supply business under family ownership and its current management, through its offices in Poughkeepsie and Lake Katrine, N.Y.  The company was founded in 1993 by Tom Dyal, who plans to retire following the sale of the Albany operations.

Cryo Weld serves the Hudson Valley, Western Connecticut and parts of Massachusetts with a full line of wire and apparatus, welding equipment, welding machines, among other things.

The transaction plan was coordinated by Mark Lagasse, an associate of Business Transition Strategies, a New England based M&A advisory firm that specializes in private companies within the lower mid-market.

Lagasse draws on 30 years of experience in the gas industry as well as work within the private equity search sector before joining the firm, which has offices in Pembroke, N.H. and Andover, Mass.

“It is great to help two family run companies remain in business with a plan that is a win-win for both,” said John Howe, director of Business Transition Strategies.

Business Transition Strategies works with owners of private companies who want to sell or prepare for a transfer down the road. It has sold manufacturing, distribution, machining and coating companies in New Hampshire, Massachusetts and New York.

< Return to Press Releases

BTS News

  • Transition to Freedom explores business transition experiences

    Transition to Freedom explores business transition experiences

    Hats off to MJ Schoer for sharing his fascinating multi-level business transition story to a well attended meeting jointly presented by Business Transition Strategies and mPower Advisors.

    Read more >

  • Four buyers, three values, one winner

    Four buyers, three values, one winner

    Businesses we sell typically go to market without a preset asking price. Why? Value is really in the eye of the buyer. And that can vary widely, depending on who they are and what they have in mind.

    Read more >

  • Strategies for growth or time to sell?

    Strategies for growth or time to sell?

    Has your business gotten to the point where it could grow but you’re not certain about taking the risk?

    Read more >

  • Timing is Everything-Capitalize on Opportunies

    Timing is Everything-Capitalize on Opportunies

    Timing and value are both important An old proverb comes to mind this time of year. “Make hay while the sun shines.” Take advantage of clear weather. Capitalize on opportunities. Avoid the rain.

    Read more >

  • M&A Trend Impacts Smaller Companies Too

    M&A Trend Impacts Smaller Companies Too

    Lower mid-market company sales are often influenced by larger M&A deal flow. A recent article on the Forbes website illustrates this point. Here’s why.

    Read more >

  • New Chapter for Polartec

    New Chapter for Polartec

    Many in New England will remember December 11, 1995 the day that Malden Mills, the maker of PolarFleece® and the employer of thousands, burned to the ground. The company made headlines again June 12.

    Read more >

  • A Good Process Gets Results

    A Good Process Gets Results

    Companies in the lower mid-market often are surprised when they attract attention from larger entities, even those whose balance sheets dwarf the target. Why do small companies attract this kind of in

    Read more >

  • M&A Tip- Make Sure We Know Your Goals

    M&A Tip- Make Sure We Know Your Goals

    It’s a good idea for owners to be clear about their goals when discussing the sale of their company with the M&A advisor.

    Read more >

  • M&A Advisor Tip: Intangibles Matter

    M&A Advisor Tip: Intangibles Matter

    Intangible assets can play a significant role in your business value. While these may not take physical form, they can be legally identified and transferred. It can be a hard exercise, especially w

    Read more >

  • Selling Your Business? Get Clear About Why

    Selling Your Business? Get Clear About Why

    We regularly have conversations with owners about selling. As part of these discussions we take time to talk about the ‘why’. This almost always leads to one of ten core factors, each of which req

    Read more >

Case Studies

  • Precision Machining Company

    Initially, liquidation was a serious consideration. It would offer a quick exit but would hurt loyal employees and disrupt the customers who had come to rely on its quality production.

    Read more >

  • Green Product Company

    Our client owners could dig in for the long haul…However, this would take five years or more. Owners simply lacked the horsepower to do it.

    Read more >

  • Water Purification Company and Young Buyers

    Owners decided they wanted to retire. They also wanted to be fair to the staff who had been loyal to them. Could the company be sold, the staff retained and the facility remain in use?

    Read more >

  • Magnetics Company with High Profile Customers

    (T)he manufacturer would need to focus on growing EBITDA to capture interest from major strategic buyers and achieve a higher multiple of earnings.

    Read more >