Boston Centerless, Inc. (“Boston Centerless” or “the Company”) along with the leadership team, announced it has partnered with May River Capital (“May River”). Boston Centerless is a leading manufacturer of ultra-high-precision round bar. May River is a private equity firm focused on helping high-caliber industrial businesses grow and prosper. This transaction is the successful culmination of an initiative led by Bigelow LLC.
Founded in 1958 by Len Tamasi, Boston Centerless has established itself as a proven and trusted manufacturer and distributor of precision materials for customers nationally and internationally. Headquartered in Woburn, MA, Boston Centerless serves as an integral extension of their customers’ supply chain in the medical, aerospace, defense, and other mission-critical end markets. Their unique combination of operational excellence and culture embodied in the “BC Way” has built Boston Centerless’ reputation for unmatched quality and service. This distinct foundation and expertise have made Boston Centerless the industry leader. Under the leadership of owner and CEO, Steve Tamasi, the Company has grown to approximately 135 employees serving over 650 customers globally across two manufacturing locations in Woburn, Massachusetts and Fort Wayne, Indiana. Tamasi will continue as CEO and lead the existing management team and employee base as they expand their geographic footprint and capabilities.
“After careful evaluation of our growth objectives, our team is thrilled to team up with a partner in May River that is like-minded and aligned with us on both our strategic path forward and, equally as important, our cultural values. This partnership will enable us to accelerate our growth initiatives and ultimately better serve our customers’ needs. Customers should expect the same great service and quality products from us going forward.” Steve Tamasi, Owner & CEO Boston Centerless, Inc.
May River Capital is a Chicago-based private equity firm focused on investing in industrial growth companies. May River invests exclusively in high-quality, culture oriented, industrial growth businesses, including manufacturing, engineered products and instrumentation, specialized industrial services, and value-added industrial distribution services. They bring experience and resources to help companies accelerate their growth, to the benefit of management, employees, and customers.
“May River is very pleased to be selected to partner with Steve Tamasi and the broader Boston Centerless leadership team. We were immediately impressed by the level of talent and operational excellence that resides within the organization. The Tamasi family has built a stellar operation, and we look forward to assisting the team in realizing Boston Centerless’ full potential in the years to come.” Pat St. John, Principal May River Capital
Originally established in 1935, Bigelow LLC is widely known as the M+A Advisory Boutique that deals exclusively with private Entrepreneur Owner-Managers. Bigelow has a reputation for having a unique understanding of the special requirements of the owner-managed, entrepreneurial operating company in building and ultimately capturing Enterprise Value.
