January 27, 2023
Translink advised RE3DTECH, a portfolio company of CORE Industrial Partners, a manufacturing, industrial technology, and industrial services-focused private equity firm, on the acquisition of Stanfordville Machine and Manufacturing, a supplier of precision machined components and assemblies.
Founded in 1975, Stanfordville offers CNC machining and assembly services, from prototyping through full-scale production quantities, across a variety of materials, including aluminum, steel, stainless steel, brass, copper, and plastic. With an emphasis on high quality, lean manufacturing principles and innovative technologies, the company serves customers in the semiconductor, medical, aerospace & defense, electronics, instrumentation, and packaging end markets. Headquartered in Poughkeepsie, New York, Stanfordville operates an AS9100- and ISO 9001:2008-certified facility.
“The acquisition of Stanfordville is the latest example of CORE’s demonstrated track record of partnering with multi-generation family-owned businesses. We are excited to work with the Johnsen family to build upon the excellent reputation Stanfordville has garnered over decades of providing high-quality precision manufacturing services,” said Matthew Puglisi, Partner at CORE.
“Stanfordville brings highly complementary precision manufacturing technologies and geographic presence to the RE3DTECH platform that will enable us to better serve our existing customers. Furthermore, we look forward to offering more comprehensive manufacturing capabilities, including additive manufacturing, to Stanfordville’s customer base,” said Rock Lambert, Operating Partner at CORE and Chairman of RE3DTECH.
“Since Stanfordville’s inception nearly a half-century ago, we have differentiated ourselves by quickly and consistently delivering quality products for mission-critical applications. We’re excited to partner with CORE and continue to expand our family’s legacy in the next phase of Stanfordville’s growth as a part of the RE3DTECH platform,” concluded Neal Johnsen, President of Stanfordville.
Contact our Team Members advising in this transaction:
Dinan & Company, LLC is the partner firm of Translink Corporate Finance in the United States. It is a leading national M&A and merchant banking services company with over 32 years of advisory experience dedicated to middle-market transactions.