Boston, MA – Capstone Partners LLC, a leading investment banking firm, announced that it has successfully advised Arnold Industries, Inc. (Arnold) on its acquisition by Swiss-based public company The Bossard Group (Bossard). The terms of the deal were not disclosed.
Arnold is a premier value-added distributor of electromechanical and fastener products. The Company delivers integrated purchasing, quality control, engineering and inventory management solutions to its customers on a fully outsourced basis. Founded in 1968 in Canton, Massachusetts, Arnold has established a strong foothold in the Northeast and has a growing presence in Europe and Asia via its Cork, Ireland and Shanghai, China facilities.
Bossard offers consumer logistic solutions, application engineering and consulting, and a comprehensive product line of more than one million items. Headquartered in Zug, Switzerland, the Company has over 70 offices located across Europe, North and South America, and Asia-Pacific. Bossard’s acquisition of Arnold Industries will expand its US presence in the Northeast and reinforce its position in the electronics and medical technologies markets.
“We have worked with Arnold for a number of years in a strategic advisory role to prepare the Company for a transaction and are pleased to have such a successful outcome for the shareholders, management team and employees,” commented John Ferrara, Capstone’s Founder and President. Sophea Chau, Director at Capstone, added, “Bossard is the perfect partner for Arnold. Arnold’s reputation for outstanding customer service and product portfolio of premium fastening solutions fit perfectly with Bossard’s corporate strategy.”