NEW YORK, Oct. 20, 2016 /PRNewswire/ -- Hudson Ferry Capital is pleased to announce that it made an investment in Laguna Tools, Inc. ("Laguna Tools") on March 31, 2016. Founded in 1983, Laguna Tools (www.lagunatools.com) is an Irvine, California-based manufacturer of CNC machinery and award-winning band saws, table saws, edge banders, lathes, dust collectors and other woodworking equipment. Laguna Tools is led by President Torben Helshoj, Chief Operating Officer Stephen Stoppenbrink and Vice President Catherine Helshoj. 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 executing our growth plans and partnering with Hudson Ferry Capital," 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."
"Laguna Tools has built a great portfolio of CNC machinery and woodworking equipment," 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."
About Hudson Ferry Capital
Hudson Ferry Capital (www.hudsonferry.com) is a New York-based private equity firm that specializes in investing in lower middle market companies. The firm partners with entrepreneurial owners and managers of established privately-owned companies that are differentiated through product or process innovation. The principals of Hudson Ferry Capital have invested in dozens of niche manufacturers, business services companies and outsourcing providers over the last several decades. As a trusted financial partner, Hudson Ferry Capital can provide liquidity to current owners, provide capital to execute a growth strategy, and assist in transitioning an organization from a smaller or regional family-owned business into a larger, integrated enterprise.
SOURCE Hudson Ferry Capital
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