Fairfield County Millwork acquired by private holding company

BETHANY, Conn. — Fairfield County Millwork Inc., a custom architectural millwork and wood fabrication services company, has been acquired by Ashford Sato, a private holding company.

Touchstone Advisors acted as the exclusive financial advisor to Fairfield County Millwork in connection with the transaction. Details of the transaction were not released.

The seller, New England Capital Partners (NECP), is a private equity investment firm focused on lower middle-market operating companies. NECP targets companies with annual revenues of $3 million to $30 million, primarily in manufacturing, distribution, and service industries across the Northeast.

The buyer, Ashford Sato is a private holding company that acquires and develops high-end manufacturing and design-oriented businesses centered on craftsmanship and quality.

“Over 44 years, Fairfield County Millwork has built an outstanding reputation for complex custom fabrication, refined detailing, and close collaboration with architects and contractors,” said Everett Schulz, president of Ashford Sato. “We look forward to continuing that legacy of excellence.”

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Larry Adams | Editor

Larry Adams is a Chicago-based writer and editor who writes about how things get done. A former wire service and community newspaper reporter, Larry is an award-winning writer with more than three decades of experience. In addition to writing about woodworking, he has covered science, metrology, metalworking, industrial design, quality control, imaging, Swiss and micromanufacturing . He was previously a Tabbie Award winner for his coverage of nano-based coatings technology for the automotive industry. Larry volunteers for the historic preservation group, the Kalo Foundation/Ianelli Studios, and the science-based group, Chicago Council on Science and Technology (C2ST).