Generational Group Advises Modern Woodcrafts LLC in its Sale to Private Investor

By Generational Group

03/28/2023

Generational, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Modern Woodcrafts LLC, to a Private Investor. The deal closed March 3, 2023.

Modern Woodcrafts, located in Plainville, Connecticut, is a leading architectural millwork manufacturer that provides unique, intricate woodwork designs to contractors remodeling a myriad of commercial buildings. In operation for over 60 years, the Company has developed a broad set of capabilities and has completed work on many stunning projects that can be seen in numerous skyscrapers across New York City.

Modern Woodcrafts manufactures state-of-the-art, finely crafted millwork for the interiors of high-end commercial buildings. The Company’s finishing capabilities are unmatched in its operating region, which allows Modern Woodcrafts to stand out as a provider of the most visually elegant millwork in New York City.

The Company offers its customers end-to-end project management, from engineering and design to installation. The Company’s complete oversight of the project from start to finish and its highly experienced staff allow Modern Woodcrafts to offer a level of quality unmatched in the industry.

Generational Group Executive Managing Director, M&A-Technology Practice Leader, David Fergusson, Jeff Carignan, a Generational Group Authorized Affiliate, with the support of Managing Director, M&A, Corey Painter, successfully closed the transaction. Senior Managing Director, Ashok Tandon, established the initial relationship with Modern Woodcrafts.

“A truly great match and welcome deal for both parties. Modern Woodcraft has a sterling reputation and a modern manufacturing plant with experienced employees. The buyer is highly motivated to enter the industry and add Modern Woodcrafts to vertically integrate its capabilities,” said Carignan.


About Generational

Generational Group, headquartered in Dallas, TX, is a leading, award winning full-service M&A advisory firm. Generational has over 300 professionals across 16 offices in North America. The firm empowers business owners to unlock the full value of their companies through a comprehensive suite of services—including strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A advisory, digital solutions, and wealth management.

Celebrating its 20th year, Generational has successfully closed over 1,700 transactions and has ranked #1 or #2 in all LSEG league tables for deals valued between $25 million and $500 million in 2022, 2023, and 2024.

The firm was named 2024 USA Investment Banking Firm of the Year by the Global M&A Network and recognized as Investment Banking Firm of the Year by The M&A Advisor in both 2024 and 2022.