< Return to Press Releases

PlasTech Acquired by DelCam Manufacturing

BOW - PlasTech Machining Fabrication, Inc. has been acquired by DelCam Holdings and will become part of DelCam Manufacturing, a private group that includes a variety of New England-based manufacturing and fabrication companies.

Ken Schaefer and John Howe of Business Transition Services, an M&A firm serving the lower mid-market based in Pembroke, New Hampshire and Andover, Massachusetts, coordinated the transaction and represented the sellers, Lou and Claire Ferriero.

The transaction closed on November 6. Terms are private.

The company was started in 1997 by the Ferrieros, and it has steadily expanded operations through the years.

DelCam has acquired the manufacturing site in Bow at 25 Dunklee Road and is committed to keeping the company in its current location.

PlasTech is known for providing world-class plastics machining and fabrication services to the medical, high tech, and other industries. The company applies the latest techniques and equipment. Its commitment to continuous improvement and high-quality standards has earned it loyalty and repeat business.

“Our intention is to continue this relentless focus and enhance it with further investment,” commented Stephen Trotta on behalf of DelCam Manufacturing.

“We really appreciate the approach the buyers are taking to preserve our legacy, keep operations in New Hampshire, preserve the jobs, and with plans to expand,” said Lou Ferriero.

He also offered praise for assistance provided by BTS in helping him and Claire prepare for the transition and sale. “It took about a year, but the BTS team – Ken Schaefer and John Howe - were with us at every step of the way, including the COVID period which prevented plant visits by prospective buyers,” he said.

The sellers were represented by the Concord law firm Orr & Reno, including attorneys Brad Melson and Peter Burger. The buyers were represented by the Laconia law firm Normandin, Cheney & O’Neil, including attorneys Kaitlin O’Neil and Robert Dietz.

< Return to Press Releases

BTS News

  • NH-Based Techinical Manufacturing Company Sold

    NH-Based Techinical Manufacturing Company Sold

    Hampshire Controls has a bright future with new ownership. The company was recently sold by Diane Rush, owner and president, to Pillar Imaging and its leader Dr. Michael Pilon.

    Read more >

  • Be Ready When You Are Ready

    Be Ready When You Are Ready

    When a business owner says it’s time to sell, I ask, “How fast do you want to be out?” The answer I hear most is, “Yesterday.” But sellers underestimate how long the process takes.

    Read more >

  • Looking at a Sale Through the Right Lens

    Looking at a Sale Through the Right Lens

    Sometimes our vision about the future is blurry because we aren’t considering the whole picture but only parts of it.

    Read more >

  • 5 Deal Points from the Trenches

    5 Deal Points from the Trenches

    Today I work with clients of Business Transition Strategies who are implementing Growth Through Acquisition strategies. Here are a few observations from working on a wide variety of projects.

    Read more >

  • Tax Changes Could Hurt Net Proceeds

    Tax Changes Could Hurt Net Proceeds

    Changes proposed to the capital gains tax suggest they may need to get 30% more in a transaction in the future just to net the same value they would get today.

    Read more >

  • Good Ideas From Shark Tank Deal

    Good Ideas From Shark Tank Deal

    One of my colleagues in Cornerstone Alliance was front and center in a recent Shark Tank exercise. A business that had been sold was put in front of four potential buyer groups.

    Read more >

  • Buyer Trends in Lower Mid-Market

    Buyer Trends in Lower Mid-Market

    Other businesses are a significant market for companies being sold within the lower mid-market.

    Read more >

  • Things to Consider in Transition Thinking

    Things to Consider in Transition Thinking

    As a business owner, you have to consider the role you want to play in the business in the immediate future following a sale and how that could impact the sale.

    Read more >

  • Spring Cleaning is Good for Business

    Spring Cleaning is Good for Business

    May is a good time for spring cleaning, especially at your business. It is a good time to look at your business as though you were in the throes of due diligence. Here are a few areas to consider.

    Read more >

  • Planning Ahead for a Sale

    Planning Ahead for a Sale

    As you start thinking about selling your business, it is important to engage with someone who can coach you. There’s a lot of value you can create over the final years before you sell.

    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 >