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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