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.

Excitement continues at the Washington County Fair

fair go round

By Dan King and Krystle S. Morey Holy smokes! The final days of the fair are here already! The Washington […]

Shoppers’ ‘points’ can help schools get tools

art sci dog fish cut up web

By Krystle S. Morey Granville residents can earn free supplies, musical instruments and playground equipment for their school simply by […]

Fundraiser for boy injured in ATV accident Saturday

Logan Pease

By Dan King Since 11-year-old Logan Pease was struck by a vehicle while riding his ATV in May, the community […]

Dirty water plagues users

The Orchard in North Granville

By Krystle S. Morey Several North Granville residents were plagued with dirty tap water last week after a local nursing […]

Classifieds 08/24/16

Lakes Region Freepress – 08/19/16

Weekender – 08/19/16

North Country Freepress – 08/19/16

Northshire Freepress – 08/19/16

Lakes Classifieds – 08/19/16

Washington County Fair Aug. 22-28

Jaxon Beebe, of Granville (2)

By Dan King and Krystle S. Morey Holy smokes! It’s fair time! With an attendance of 120,000 annually, the Washington […]

County seeks PILOT for new solar projects

county board of supervisors

By Dan King The Washington County Board of Supervisors wants Borrego Solar to pay some money for its solar project […]