2018 – MCRC Launches New Web Site

MCRC is pleased to announce the launch of its new website, www.masscapital.com. For more than 40 years, MCRC has been a trusted source of mezzanine capital, late-stage venture capital and long term debt for Massachusetts-based businesses. With a $100 million evergreen fund, MCRC has a long term investment horizon and can offer financing terms not typically available from other funding sources. ABOUT MCRC Established in 1977, Massachusetts Capital Resource Company is a private limited partnership owned and funded by Massachusetts-based [...]

By |2019-03-12T14:07:31+00:00March 12th, 2019|Newsletters|Comments Off on 2018 – MCRC Launches New Web Site

2018 – MCRC celebrates its 40th anniversary and $700 million investment mark

Massachusetts Capital Resource Company celebrated two milestones in December 2017: Its 40th anniversary in business and passing the $700 million investment mark. Since 1977, MCRC has financed over 330 Massachusetts-based businesses, creating or maintaining 20,000 jobs in the Commonwealth. We would like to thank you, our clients, business contacts and friends, for your trust and support over the years. Thank you to our life insurance partners, John Hancock, MassMutual, MetLife, UNUM, Guardian, and Boston Mutual for your steadfast financial support. To [...]

By |2019-03-12T14:06:31+00:00March 12th, 2019|Newsletters|Comments Off on 2018 – MCRC celebrates its 40th anniversary and $700 million investment mark

October 2017 – MCRC Announces a New Investment in Pure Incubation

Pure Incubation MCRC is pleased to announce a growth capital investment in Pure Incubation, a Topsfield, MA-based company. Through its subsidiaries, PureB2B, MedData Group, Prospect One and Demand Science, Pure Incubation develops marketing technology that drives sales growth for some of the world's leading businesses with a focus on the software and healthcare industries. For four consecutive years, Pure Incubation has been recognized on the Inc. 5000 list for fastest-growing small and mid-size companies in the US. Pure Incubation was [...]

By |2018-06-13T17:54:15+00:00October 1st, 2017|Newsletters|0 Comments

September 2017 – MCRC Announces a New Investment in Marshall Paper Tube

Marshall Paper Tube MCRC is pleased to announce a new investment in Marshall Paper Tube, a privately held company. MCRC's capital was used to support working capital and the purchase of the company by a private investor. Founded in 1948, Marshall Paper Tube manufactures and distributes paper packaging materials throughout the Northeast. The company sells to various industries including roofing, automotive and textile. The company has manufacturing facilities located in Canton and Fall River. ABOUT MCRC Massachusetts Capital Resource Company [...]

By |2018-01-03T21:00:41+00:00September 1st, 2017|Newsletters|0 Comments

June 2017 – MCRC Announces a New Investment in Network Allies

Network Allies MCRC is pleased to announce its mezzanine investment in Network Allies to support their acquisition of Adtech Hardware. Founded in 2002, Network Allies is a leader in providing application-specific computing solutions, including system integration, design and engineering, logistics and support, and program management services enabling Original Equipment Manufacturers (OEMs) and Independent Software Vendors (ISVs) to focus on their core competencies. The acquisition of Adtech Hardware will allow customers to benefit from an expanded engineering and technical team as [...]

By |2018-01-03T21:03:06+00:00June 1st, 2017|Newsletters|0 Comments

May 2017 – MCRC Announces a New Investment in Rypos, Inc.

Rypos, Inc. Based in Franklin, Massachusetts, Rypos, Inc. designs, manufactures, and markets emissions' reduction solutions for diesel engines. The company's patented products, electrically charged filters and catalytic technologies, provide customers with key solutions in the transportation, electric generation, and marine industries. MCRC's subordinated debt investment provided additional capital to support growth with new and existing customers. For more information, please visit www.rypos.com. ABOUT MCRC Massachusetts Capital Resource Company invests in established emerging growth and middle market companies in Massachusetts. Our [...]

By |2018-01-03T21:04:12+00:00May 1st, 2017|Newsletters|0 Comments

April 2017 – MCRC Announces a New Investment in Baynes Electric Supply

Baynes Electric Supply MCRC is pleased to announce a new investment in Baynes Electric Supply, located in West Bridgewater, MA. Family owned and operated for over 60 years, Baynes Electric is a leading, independent wholesale distributor of electrical and lighting products, serving local and regional electrical contractors as well as national retailers. MCRC’s subordinated note investment provided the company with additional capital to support growth with new and existing customers. For more information, visit their web site http://www.bayneselectric.com/. ABOUT MCRC Massachusetts [...]

By |2017-08-02T19:12:01+00:00April 1st, 2017|Newsletters|0 Comments

March 2017 – MCRC Announces a New Investment in Tri-Wire Engineering Solutions, Inc.

Tri-Wire MCRC is pleased to announce its participation in the financing of the sale of Tri-Wire Engineering Solutions, Inc. to a newly formed Employee Stock Ownership Plan (“ESOP”). Founded in 1999, Tri-Wire is a leading provider of installation, maintenance and other technical support services to the cable and telecommunications industries. The company has over 900 employees situated across twelve states. The sale to the ESOP makes the company one of the largest broadband service providers owned entirely by its employees. [...]

By |2018-01-26T18:28:48+00:00March 8th, 2017|Newsletters|0 Comments

July 2016 – MCRC Announces a New Investment in The Cadmus Group, Inc.

THE CADMUS GROUP, INC. MCRC is pleased to announce it has partnered with The Cadmus Group, Inc., by participating in the financing that supported their acquisition of Obsidian Analysis.  Founded in 1983, Cadmus is an employee-owned consultancy that provides consulting and research services to the private and public sectors.  Cadmus supports agencies that protect the environment and are concerned with the responsible use of energy and the sustainability of the earth’s natural resources.  Based in Washington, DC, Obsidian provides management [...]

By |2018-01-26T18:30:18+00:00July 5th, 2016|Newsletters|0 Comments

April 2016 – Andrew DeLorey joins MCRC

MCRC is pleased to welcome Andrew S. DeLorey as a Vice President on our investment team.  Andrew joins us from Silicon Valley Bank, where he worked in the New York Region’s commercial banking group, specializing in lending to early and growth stage technology companies.  Prior to the bank, he worked in the Investment Strategies Group and National Sales for Natixis Global Asset Management.  Andrew began his career at Brown Brothers Harriman.  A native of Norwell, Andrew received his Bachelor of [...]

By |2018-01-26T18:32:10+00:00April 28th, 2016|Newsletters|0 Comments