Hamilton Robinson's Horizon Bradco Acquires Foley & Wallace Associates
January 22, 2014 - Schenectady, NY
Horizon Bradco, a portfolio company of Hamilton Robinson Capital Partners, is pleased to announce the acquisition of Foley & Wallace Associates. Foley & Wallace is a service provider and distributor of commercial and industrial food processing equipment. The acquisition supports Horizon Bradco's strategy of geographic expansion, significantly increasing the customer base and range of products while continuing to improve efficiency and best-in-class service. Foley & Wallace, located in Avon, MA will be integrated into Horizon Bradco's facility in Wilmington, MA.
Chris Lund, Partner at Hamilton Robinson stated, "We identified the acquisition of Foley & Wallace as a key component of our original value creation strategy and will continue to pursue additional acquisitions that exhibit a strategic fit with Horizon Bradco."
"We are very excited to be joining the Horizon Bradco team and are confident that existing and prospective customers will recognize the benefits brought about by combining our resources and talent. Looking at our evolution in recent years, we thought it was the perfect opportunity to expand with a company as highly respected as Horizon Bradco," said Joe Wallace, co-founder of Foley & Wallace.
ABOUT HORIZON BRADCO
Horizon Bradco is a leading food equipment solutions and service provider to the supermarket, meat processing and bakery markets. Founded in 1987, the company is headquartered in Schenectady, NY with additional office locations in Massachusetts, North Carolina and Florida. The company provides its automation-focused equipment solutions to the retail, wholesale and industrial food service markets.
ABOUT HAMILTON ROBINSON CAPITAL PARTNERS
Hamilton Robinson Capital Partners was founded in 1984 to invest directly in small, privately held manufacturing, distribution and service businesses. The firm has maintained its singular focus on this dynamic market to become a valued resource for equity capital and growth strategies for small businesses. Based in Stamford, CT, the firm has completed over $1.3 billion in transactions supporting 40 companies. Investors include leading financial institutions, funds, family offices, and individuals in the United States and Europe.
To discuss add-on acquisition opportunities please contact:
Chris Lund, Partner