Banner

< Return to Press Releases

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.

< 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 >