Mazzone & Associates Advises Northfield Industries on the Acquisition of New Dimensions Precision Machining

03/29/2019  —  Mazzone & Associates is pleased to announce that it acted as the exclusive financial advisor to Northfield Industries Holding Corporation, a Trivest Partners portfolio company, in its acquisition of New Dimensions Precision Machining, Inc., a leading manufacturer of hydraulic cylinder blocks and other precision components for agricultural, industrial, construction and material handling equipment.

Charles Vogl, CEO of Northfield, expressed his thoughts stating, “We were delighted to acquire New Dimensions with its impressive operating history and strong manufacturing capabilities. Mazzone & Associates did an excellent job assisting us throughout the entire transaction process.”

Todd Jerles, Principal and COO of Trivest, added that “the New Dimensions transaction follows on the success of Northfield’s prior acquisition and significantly enhances the range of capabilities offered by the Company. The Mazzone team provided effective representation and quality advice to the Northfield management to help make this transaction a success.”

Maury Bell, the Managing Director who led the transaction, noted, “Trivest is one of the most experienced, knowledgeable sponsors we have worked with, and the Northfield team are superior operators with a track record of successful acquisitions. It was an honor to be able to provide assistance with respect to this transaction.”

Northfield Industries, LLC, headquartered in Schaumburg, Illinois, and founded in 2002, is a growing manufacturer of precision machined components for the agricultural, oil and gas, material handling and industrial equipment markets.

Trivest Partners, headquartered in Miami, Florida, is the oldest private equity firm in the southeastern U.S. Founded in 1981, Trivest is focused exclusively on investing in well-run family and founder owned companies.