Company News


March 7, 2018

Transaction:

The Capital Corporation is pleased to announce the sale of THG Corporation ("THG", headquartered in Northborough, Massachusetts) to KLX, Inc. ("KLX", headquartered in Wellington, Florida).  THG is one of the premier "Tri-Technology" Parker Hannifin motion and controls solutions provider that serves the Massachusetts, Connecticut, New Hampshire, Vermont, Maine, and Rhode Island markets.  KLX is the world's leading independent distributor of aerospace fasteners, consumables, and logistics services.

For the last sixty years, THG has established itself as New England's market leader in providing value-add, motion and control components and system solutions to a diversified mix of end markets.  THG's time-tested strategy of staffing its sales team with highly technical specialists, customizing components and systems for the vast majority of its OEM relationships, offering a highly robust product offering, providing industry-leading customer service, and using its systems design/engineering solutions capabilities to fuel its growing customer base have created an ecosystem of thousands of highly loyal customers, many of which are Fortune 1,000 companies, with an equal balance between original equipment manufacturers ("OEM's") and aftermarket ("MRO") customers. 

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May 8, 2017 

Transaction:

The Capital Corporation is pleased to announce the sale of SolBright Renewable Energy ("SolBright", headquartered in Charleston, South Carolina) to Arkados Group ("Arkados", headquartered in Newark, New Jersey).  SolBright is an award-winning, vertically integrated service provider of turnkey solar photovoltaic solutions to the commercial, industrial, and military markets.  Arkados is a public company (OTC: AKDS) that provides unique software and systems that enable the Internet of Things (IoT) applications for both commercial and industrial customers. 

Since SolBright's inception, roughly eight years ago, the company has been one of the more active super-regional designers and installers of solar systems primarily along the East Coast but as far reaching as California, by completing approximately 30 MW of projects during that time.  SolBright's strong track record yielded industry leading win rates and a loyal, blue chip customer base...

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