Concord Ventures Sells RG Machine

Bellevue, WA, April 2012 Concord Ventures is pleased to announce the sale of the assets and location of RG Machine, Lynnwood, WA, to Polaris Machining, Marysville, WA.

Concord Ventures represented the seller and negotiated the sale.

After nearly thirty years of manufacturing, RG Machine’s owner wanted to retire. Polaris Machining was purchased by its current owner through Concord Ventures in 2005. Since the acquisition, the company had grown to a point where it needed more capacity. The acquisition of RG Machine supports Polaris Machining’s continued expansion.

Concord Ventures is a Bellevue-based boutique investment-banking firm specializing in mergers, acquisitions, re-capitalizations, and valuations of established companies. The primary focus of the firm is companies with valuations between $750,000 to $50,000,000 in manufacturing, service, distribution, and technology.