- Stanfordville was founded in 1975
- Winston & Strawn LLP provided legal representation to CORE in the transaction
- CORE Industrial Partners invests in North American lower middle-market manufacturing, industrial technology, and industrial services businesses
RE3DTECH, a portfolio company of CORE Industrial Partners, has acquired Poughkeepsie, New York-based Stanfordville, a provider of precision machined components and assemblies. No financial terms were disclosed.
Stanfordville was founded in 1975.
On the deal, Matthew Puglisi, a partner at CORE, said in a statement, “The acquisition of Stanfordville is the latest example of CORE’s demonstrated track record of partnering with multi-generation family-owned businesses. We are excited to work with the Johnsen family to build upon the excellent reputation Stanfordville has garnered over decades of providing high-quality precision manufacturing services.”
Winston & Strawn LLP provided legal representation to CORE in the transaction.
CORE Industrial Partners invests in North American lower middle-market manufacturing, industrial technology, and industrial services businesses.
Based in Illinois and California, RE3DTECH is a provider of custom manufacturing services.