Blog

Hubbell Electric Heater Holdings LLC Acquires RECO USA

Carter Morse & Goodrich (“CMG”) is pleased to announce that it served as the exclusive financial advisor to Hubbell Electric Heater Holdings LLC (“HEH Holdings”) on its acquisition of RECO USA(“RECO”), a manufacturer of high-volume pressure vessels and commercial water heaters located in Cayce, South Carolina. The terms of the deal which closed on December […]

CMG Continues Growth, Seeks To Hire a VP-level Professional

Carter Morse & Goodrich is finishing another record year and is seeking to expand its investment banking team with the addition of a Vice President-level hire in our Southport CT office. Given our focus on mergers and acquisition advisory for family-held and founder-led businesses, we are seeking a truly unique person that can balance the […]

Carling Technologies acquired by Littelfuse (NASDAQ: LFUS)

Southport, CT Carter Morse & Goodrich (“CMG”) is pleased to announce that it served as the exclusive financial advisor to Carling Technologies, Inc. (“Carling” or the “Company”) in its sale to Littelfuse, Inc. (“Littelfuse”) for $315 million. Having just celebrated its 100th anniversary, Carling is a fourth-generation family-owned provider of high-quality switching and circuit protection […]

CMG Wins 2021 Private Equity Deal of the Year

Carter Morse & Goodrich (“CMG”)is proud to announce that the recapitalization of the Barrier Companies by Lincolnshire Management, Inc. and VSS Capital Partners has won the prestigious 2021 M&A Deal of the Year at the 20th Annual M&A Advisor Awards. ‍ “Given the backdrop of uncertainty, and the tremendous activity over the past year, these […]

Responding to a Knock on Your Door

Unsolicited offers to acquire your business can come as a surprise. Active professional acquirers (both strategic buyers and private equity investors) use M&A as a driver of growth and proactively reach out to targeted businesses regularly to evaluate potential acquisitions. Before opening the door, it is important to evaluate the opportunity and respond accordingly.   […]

Matthew Book joins CMG as an Analyst

‍Southport, CT  Carter Morse & Goodrich is excited to announce that Matthew Book has joined the firm as an Analyst. Matt will be focused on industry research, financial modeling and transaction execution for our family-held and founder-led clients.  “We are thrilled to have Matt join our team,” said Michael Carter, Managing Partner at Carter Morse & […]

Ward Leonard Energy Acquired by Industry Veteran

Carter Morse & Goodrich (“CMG”) is pleased to announce that it served as the exclusive financial advisor to Ward Leonard Energy and it’s owners in the sale of its motor maintenance, service and repair operations (“Ward Leonard Energy” or “WLE”), to Mark Welch, an industry veteran. Transaction terms were not disclosed.   Following the strategic sale […]

Analyst Role – Job Description

Carter Morse & Goodrich is seeking to hire an Analyst-level professional for our expanding team.    The position is structured initially as a 10-week paid internship with the expectation of full-time employment thereafter.   Responsibilities:  Initial responsibilities will include, but are not limited to the following, and are subject to change on an as-needed basis. […]

Should Taxes Be the Tail That Wags the Dog?

In his first address to a joint session of Congress on April 28th, President Biden proposed sweeping changes to the tax code that could alter the after-tax economics of selling a business. Deciding whether and when to sell a company is already an emotionally fraught decision for most owners. It becomes even more so in […]