IRVINE, Calif. – Laguna Tools, Inc. has announced that it received an investment from Hudson Ferry Capital, a New York-based private equity firm, on March 31, 2016. Hudson Ferry Capital partners with entrepreneurial owners and managers to make investments in established privately-owned lower middle market companies. The management team of Laguna Tools has retained a significant equity ownership in the company. Terms of the transaction were not disclosed.
"We are excited to be partnering with Hudson Ferry Capital and working with them to execute our growth plans," said Torben Helshoj. "They are experienced investors and we look forward to working with them as we continue to expand our product lines and grow our customer base. No changes are planned with regard to our approach to the business."
"Laguna Tools has built a great portfolio of CNC machinery and woodworking equipment and tools," said Bruce Robertson, partner at Hudson Ferry Capital. "We believe Torben, Catherine, Stephen and their team have done an excellent job building a company with a premier brand name. We look forward to working with Laguna to continue the company's success."
Laguna Tools is a manufacturer of advanced CNC machinery and bandsaws, table saws, edgebanders, and other woodworking equipment. See http://lagunatools.com.
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