Hubbardton Forge sold to Boston-based investment firm

A Boston-based investment firm has bought Hubbardton Forge, a Castleton, Vt., company which creates hand-forged lighting fixtures.

Bunker Hill Capital announced last week that it had acquired the company from its private equity firm, Lineage Capital. The terms of the sale, including the price, were not released.

Bob Dillon, CEO of Hubbardton Forge, said he doesn’t expect any changes as a result of the change in ownership and that the company has no intention of moving out of Castleton.

In a statement released by Bunker Hill Capital, Mark DeBlois, Managing Partner of the investment firm, said, “Bunker Hill Capital is looking forward to partnering with management and building upon the strong foundation for growth that currently exists at Hubbardton Forge. The Company has a proven track record with over 20 years of consistent growth and is in a great position to take advantage of the opportunities within its residential, commercial, and international channels. We are very excited to work with this management team in scaling the business to its next level of growth.”

Hubbardton Forge was founded in 1974 by George Chandler and Reed Hampton. The company is a premier designer and manufacturer of hand-forged lighting fixtures. The company focuses on the premium segment of the lighting fixture industry with products sold both in the U.S. and internationally and is the oldest and largest commercial forge in country.

The company currently employs 215 people.

Comments

comments

Read more in this week's Sentinel in newsstands now or click here to read right now with our e-edition.

Poultney Earth Fair Wednesday, April 22

IMG_1984

7th graders choose Earth Fair theme By Joshua Bassett The eighth annual Poultney Earth Fair is going to be different […]

Northshire Freepress – 04/17/15

Lakes Classifieds – 04/17/15

North Country Freepress – 04/17/15

Weekender – 04/17/15

Classifieds 04/15/14

Golden Horde teams to grace hall of fame

1930 Football Team

By Derek Liebig A pair of fabled gridiron teams from Granville’s past will be enshrined in the Capital Region Football […]

Eleven petitions out for Whitehall Board of Education

Board of Ed 2014

By Dan King A tumultuous school year has prompted a record number of candidates to seek seats on the Whitehall […]

Fans fawn over Mick Foley

DSC_1051

By Dan King While his act in the ring may have been barbaric, the mood of Mick Foley’s meet-and-greet in […]

Hope Ludwig to have photo in Hyde Collection

Hope Ludwig Photo

By Derek Liebig An aspiring young photographer from Granville is among a select group of high school students who will […]

Granville tennis opens with win

Granville’s tennis team opened its season Monday afternoon with a win over Whitehall. The Horde swept both doubles matches and […]

New beverage store taking shape

Beverage Store Photo

By Joshua Bassett Lori Linendoll, a co-owner of The Beverage Warehouse, walked through the building, stepping around paint canisters and […]