Industrials | Mergers & Acquisitions

Howard P. Fairfield Completes Sale

  • Howard P. Fairfield, Inc. is a privately-held, Skowhegan, ME based manufacturer and distributor of customized purpose-built heavy equipment units such as snow plows, dump bodies and streetsweepers
  • The Company’s customers include over 1,500 municipalities, state departments of transportation and airports throughout northern New England
  • Howard P. Fairfield retained TM Capital to pursue a recapitalization or sale of the Company
  • TM Capital structured and negotiated the sale of H.P. Fairfield to Specialized Industries, LP, a portfolio company of FB Capital Partners, L.P., a Philadelphia based private investment partnership

Client Testimonial

“Despite being located in northern Maine, we chose to work with TM Capital over several New England based firms because we were impressed with TM’s experience in helping family owned businesses create liquidity and their relationships with the types of firms which can provide that liquidity. Throughout the process, I was impressed with TM’s attention to detail and commitment to considering all possible alternatives. The results we achieved in this transaction are the best endorsement I can offer.”
 Howard Sevey, President, Howard P. Fairfield, Inc.