Venture 7 Orchestrates Sale of Starksboro’s Energy Smart Building.
Venture 7 Advisors, a Burlington, Vermont-based merger and acquisition advisory firm, announced the recent sale of manufacturing and construction company Energy Smart Building of Starksboro, Vermont to private investor Kevin Moyer. Venture 7 served as the exclusive advisor to the sellers in the transaction. The details of the transaction were not disclosed.
Former owner Jim Giroux said, “We knew how to run the business, but we didn’t know how to sell the business, which takes a very different set of skills and experience. Venture 7 helped us to get it done.” And former owner Mark Driscoll added, “I was ready to move on to other interests, and the Venture 7 team made that a reality. Everything is going according to plan!”
The two former owners will stay on to assist with the transition.
Energy Smart Building represents the very best of traditional, honest New England craftsmanship. Their Vermont Frames division is one of the very few (and the largest) hand-cut timber frame makers in the U.S. All the parts of their structures - the frame, roof trusses, posts, and beams - fit together precisely using no nails, screws, or metal brackets. They have produced more than 3,000 buildings including family homes, single floor retirement homes, barns for workshops or studios, and large commercial buildings.
Energy Smart Building's Foam Laminates of Vermont division manufactures custom Structural Insulated Panels (SIPs). SIPS are stronger and more energy-efficient than conventional framing, with significant load-carrying, insulating and rapid installation characteristics.
The new owner, Kevin Moyer, is a private individual from a family of woodworkers. After a career in business and the military, he has realized his desire to own a high-quality manufacturing business. He understands and respects what the company stands for and the hand-crafted way they work.
About Venture 7 Advisors:
Venture 7 Advisors is a merger and acquisition advisory group that assists the owners of small and mid-sized companies to plan and complete the sale of their business. We find the best buyer to meet each owner’s financial and legacy goals. The company represents clients in consumer products, distribution, manufacturing, B2B services, construction, telecommunications, and eCommerce. Venture 7 maintains offices in Burlington, Vermont, the Hudson Valley, New York, and Western Massachusetts.