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 Strategies, a merger and acquisition firm based in Pembroke, NH and Andover, Mass.
Founded in 2004 by Robert and Sharon Chadwick, Endur manufactures and distributes wristband products and identification solutions for Veterans Administration hospitals, non VA hospital systems, long term care and mental health facilities, and correction/detention, immigration and customs enforcement agencies.
Endur’s core product is a line of durable wristbands that can be customized with a patient’s personal medical information and printed on site off virtually any laser or ink-jet printer in the market today. The Company pioneered the addition of color-coding alerts on its wristbands to improve patient safety and reduce caregiver error.
Endur has established relationships with third-party software vendors that allow the end user to customize and print wristbands from a local computer workstation. The Company also recently introduced a patented clasp to the correctional market that prevents users from removing or damaging personalized wristbands.
Robert Chadwick will remain actively involved with Endur post-closing.
CRP invests in companies with proven business models and strong positions in attractive and, often times, niche markets. CRP is comfortable with either partnering with existing management and ownership or bringing in new leadership. CRP has completed more than 80 acquisitions in a range of sectors including healthcare services, industrial products, software and IT, and business services.
Business Transition Strategies is a New England-focused M&A firm with offices in New Hampshire and Massachusetts that works with owners of private companies who want to sell or are considering a sale down the road. The firm has sold manufacturing, distribution, machining, coatings, assisted living, welding and gas supply, business services and other companies in New Hampshire, Massachusetts and New York.
Securities Transactions are conducted through StillPoint Capital, located in Tampa, FL, member FINRA and SIPC.
"The entire process went smoothly and professionally. The BTS team kept me fully informed at every step. They worked hard and were effective in bringing the deal home."
"Skip and I continue to be grateful for all you have done to make the sale of Pure Flow come to fruition."
"BTS’s level of expertise in the process and close attention to detail enabled us to successfully navigate the deal."
"These types of transactions are often long and complicated and I doubt it could have been successfully completed without your close ongoing involvement."
"The outside objective point of view that you have brought us has been invaluable as we prepare for the rapid growth."
"John then found the right buyer and coordinated a seamless transition—he doesn’t miss a single detail."
"John immediately identified our strengths and experiences and discussed a business that ultimately was more in line with our goals."
"The BTS team came in, evaluated everything in a professional and thankfully non-threatening manner."
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The call came out of the blue. It was a group interested in buying the business. They needed information. Your company was a perfect fit. Just send us some details and we will be in touch.
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