SOURCE: Woodbridge Group

Woodbridge Group

December 20, 2010 13:44 ET

Woodbridge Group Closes Sale of Accudynamics

NEW HAVEN, CT--(Marketwire - December 20, 2010) - Woodbridge Group LLC is pleased to announce the sale of its client Accudynamics, Inc. to Halma plc, a leading U.K.-based provider of safety, health and sensor technology listed on the London Stock Exchange.

Lakeville, Massachusetts-based Accudynamics manufactures precision electro-mechanical components and assemblies for a premier customer base of medical instrumentation and device OEMs. Accudynamics will join Halma's Health and Analysis sector within the Fluid Technology group of businesses.

Woodbridge Group was able to complete the transaction within six months of bringing Accudynamics to market. The firm's European marketing capabilities played a key role in creating a strong pool of potential buyers and moving the deal to a timely close.

"It was a pleasure for us to represent George Ballou and his company in the sale to Halma plc," said Woodbridge dealmaker Brace Carpenter, who along with dealmaker Tom Hawke, is based in Woodbridge's Boston office. "The strategic fit is exceptional, and Accudynamics is one of the finest machining and assembly operations I've seen. Mr. Ballou and his team will continue to grow the business and satisfy their customers' needs for many years to come."

Woodbridge Group is a marketing-driven M&A firm headquartered in New Haven, CT with locations throughout the U.S. The firm also serves clients from its offices in the Netherlands, Mexico, Brazil, China, Honduras and Canada.

Woodbridge Group, LLC., an international M&A firm, was founded in 1993 to provide divestiture and acquisition services to middle market companies.

Contact Information

  • Contact:
    Robert Koenig
    President
    Woodbridge Group
    203-389-8400 ext. 202