February 14, 2025
Translink in the US, Dinan & Company, initiated the partnership of NW Boiler, Inc. with Waypoint Acquisitions
Translink Corporate Finance in the United States, Dinan & Company, initiated the partnership of NW Boiler (NWB), a leading boiler services and equipment provider operating across Washington, Oregon, Alaska, and Idaho, with Waypoint Acquisitions, a family office investment group.
NW Boiler’s industry expertise and services
NWB offers a comprehensive suite of services, including maintenance, repair, new equipment sales, installation, retrofits, parts supply, and rental boiler solutions for industrial and commercial clients across diverse sectors such as manufacturing, healthcare, pharmaceuticals, education, government, and utilities.
Investment to drive growth and expansion
Waypoint’s investment, alongside Northcreek Mezzanine, will support NWB’s growth strategy by expanding its technical services team, increasing operational facilities, and enhancing inventory and distribution capabilities for new and rental boiler equipment. Founders Chris Scott (CEO) and Joe Weber (CTO) will continue in their leadership roles, ensuring continuity in NWB’s commitment to excellence and customer service.
Leadership comments on the partnership
Chris Scott, President of NW Boiler, stated, “This partnership allows us to scale our operations and continue delivering exceptional service while aligning with investment partners who share our core values of integrity, dependability, and customer commitment. With Waypoint’s support, we are well-positioned to enhance our service offerings and further establish NWB as a trusted partner in the commercial and industrial sectors.”
Jim Mills, Managing Partner at Waypoint, commented, “We are excited to support NW Boiler’s next phase of growth under Chris and Joe’s leadership. NWB’s technical expertise, strong customer relationships, and dedication to innovation make it an ideal partner. Our investment will enable the company to expand its service capabilities and distribution reach, ensuring it remains a leader in mechanical room solutions. We are proud to back such a dynamic and forward-thinking company.”
Contact our Team:
Translink Corporate Finance is a world leader in cross-border mid-market M&A advisory services, specialising in transactions ranging from €10M to €250M. Established in 1972, with over five decades of experience, we get the deal done. We are a trusted global group with over 400 experts worldwide, and a proven track record with long-standing clients and deep sector specific knowledge. At Translink Corporate Finance, we are easy to approach, and our core ethos revolves around the pursuit of sustainable value creation for our clients – whose best interests always come first.
Dinan is the partner firm of Translink Corporate Finance in the United States. It is a leading diversified financial services company with over 35 years of advisory and merchant banking experience dedicated to middle-market transactions.
TRANSLINK INTERNATIONAL AG
