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Woodbridge Group Closes Sale of Manufacturer of Industrial Machinery
Friday, October 2, 2009

New Haven, Connecticut – October 2, 2009 – Woodbridge Group is pleased to announce the sale of its client, a specialty manufacturer of industrial machinery to a leading manufacturer of industrial technologies. Due to the confidential nature of the transaction, names of the parties are not being disclosed.

"The strategic buyer in this deal purchased our client’s company to increase market share and extend their product line," said Robert Koenig, president of Woodbridge Group, who managed the transaction. "Our tenacity and resourcefulness in getting this deal done resulted in a positive outcome for our client who built a respected brand of machinery."

The seller maintains a large installed base of its equipment worldwide, and its machines have applications for a range of industries.

Woodbridge Group provides sell-side, buy-side and distressed company mergers and acquisitions services and capital raising services to businesses with $5 million to $100 million in sales. The firm operates out of 13 locations: Connecticut, New York, New Jersey, California, Massachusetts, Illinois, Georgia, North Carolina, Texas, Washington, D.C., the Netherlands, Canada and Brazil.