North Country Wind Bells Sold to NCWB, LLC
Deal News | Nov 06, 2024 | Generational Equity
Generational Group, a prominent mergers and acquisitions advisory firm for privately held businesses, recently orchestrated the sale of North Country Wind Bells, Inc. to NCWB, LLC. The closing date for this acquisition was October 11, 2024. Founded in the early 1970s and based in Round Pond, Maine, North Country Wind Bells specializes in crafting wind bells influenced by the sounds of New England's coast, using recycled steel that highlights the company's dedication to sustainability. This family-run business has successfully marketed its bells across the United States. The acquiring entity, NCWB, LLC, was created by entrepreneurs Ron and Peggy Davis. Ryan Binkley, CEO of Generational Group, emphasized the preservation of the family's legacy while positioning the company for future growth. Generational Group's team, led by David Fergusson and executed by Jeff Carignan, effectively facilitated the transaction, supporting the new ownership's strategic positioning.
Sectors
- Manufacturing
- Mergers and Acquisitions (M&A)
Geography
- United States – North Country Wind Bells, Inc. is based in Round Pond, Maine, and its products are distributed across the United States.
Industry
- Manufacturing – North Country Wind Bells, Inc. manufactures wind bells, which places it in the manufacturing industry, emphasizing craftsmanship.
- Mergers and Acquisitions (M&A) – Generational Group operates within the M&A industry, specializing in advising privately held business transactions.
Financials
- Not Disclosed – The financial terms of the acquisition have not been disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| North Country Wind Bells, Inc. | Target Company | Company | Family-owned manufacturer of wind bells inspired by New England’s coastal sounds. |
| NCWB, LLC | Bidding Company | Company | Acquisition entity formed by Ron and Peggy Davis to purchase North Country Wind Bells. |
| Generational Group | M&A Advisory | Company | Mergers and acquisitions advisory firm for privately held businesses. |
| Ryan Binkley | CEO, Generational Group | Person | Highlighted the strategic value of the transaction. |
| David Fergusson | Executive Managing Director, M&A | Person | Led the team that facilitated the transaction. |
| Jeff Carignan | Generational Authorized Affiliate | Person | Led the execution of the deal on behalf of Generational Group. |
| Ron & Peggy Davis | Entrepreneurs | People | Formed NCWB, LLC to acquire North Country Wind Bells. |