Beacon Manufacturing Group Acquires Built-Rite Tool & Die

January 19, 2021

Beacon Manufacturing Group, backed by Akoya Capital and Trinity Private Equity Group, acquired Built-Rite Tool & Die from founder and CEO Craig Bovaird. NewSpring Capital provided subordinated debt and equity support and Fifth Third Bank provided senior debt financing; the acquisition expands Beacon's precision molded-products and medical-market platform.

Buyers
Beacon Manufacturing Group, Akoya Capital, LLC, Trinity Private Equity Group, NewSpring Capital
Targets
Built-Rite Tool & Die
Sellers
Craig Bovaird
Platforms
Beacon Manufacturing Group
Industry
Manufacturing
Location
Massachusetts, United States
Transaction Type
Addon

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