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Heritage Completes Sale of Portfolio Company, EPTAM Precision SolutionsNew Heritage Capital ("Heritage") is pleased to announce the successful completion of the sale of EPTAM Precision Solutions ("EPTAM" or the "Company") to Frazier Healthcare Partners. Founded in 1981 and headquartered in Northfield, New Hampshire, EPTAM is a leading high-precision machining and injection molding company targeting demanding applications with a highly trained workforce of over 370 employees. EPTAM provides its comprehensive suite of machining and injection molding solutions through three manufacturing centers of excellence in Colorado, New Jersey, and New Hampshire. Heritage worked closely with the EPTAM management team to execute a comprehensive growth plan to expand the business organically and through add-on acquisitions. Heritage assisted EPTAM in building an enviable sales pipeline and identifying, executing and integrating two highly strategic add-on investments, broadening the Company's capabilities and expanding its geographic footprint. "The guidance and support we eceived from Heritage was instrumental in our ability to transform the EPTAM platform to where it is today," said Russell Nadeau, Chief Operating Officer of EPTAM. "Heritage was an outstanding thought partner over the last five years." "The Company has done an exceptional job creating a leading outsourced precision component manufacturing platform with a strong track record of success," said Judson Samuels, a partner at Heritage. "It has been a pleasure working with them and we are excited to follow the continued growth of the business." William Blair & Co. served as financial adviser and Choate, Hall & Stewart L.P. served as legal adviser to EPTAM.
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