Massachusetts Capital Resource

Massachusetts Capital Resource Company, founded in 1977 and based in Boston, Massachusetts, serves as a private investment firm focused on addressing the funding gap for growing companies. The company provides risk capital in the form of mezzanine financing, long-term debt, and equity investments, specifically targeting emerging growth and middle-market firms. Its primary sectors of interest include manufacturing, distribution, service, and technology. By offering tailored investment solutions, Massachusetts Capital complements the financing available from senior lenders and equity investors, thereby supporting the growth and acquisition needs of companies operating in Massachusetts.

Daniel Corcoran

Managing Director

Andrew DeLorey

Vice President

Suzanne L. Dwyer

President

Past deals in Electronics

Xtalic

Debt Financing in 2019
Xtalic Corporation, founded in 2005 and based in Marlborough, Massachusetts, specializes in the development, manufacturing, and sale of corrosion-resistant metal alloys for both mobile and enterprise electronics applications. The company offers innovative nanostructured metal coatings that enhance performance through improved wear and corrosion resistance. Key products include XTRONIC, a barrier layer that enhances durability, and LUNA, a replacement for gold in electrical connectors. Xtalic’s proprietary electroplating process precisely controls metal structures at the nanometer scale, resulting in exceptional aesthetic and functional finishes. Additionally, their technology is environmentally friendly, as it avoids the use of hexavalent chromium, thereby reducing compliance costs and improving worker safety. Through its advanced coatings, Xtalic enables clients to minimize the use of high-cost raw materials and replace toxic substances in their manufacturing processes.

Network Allies

Debt Financing in 2017
Network Allies, LLC, founded in 2002 and based in North Andover, Massachusetts, specializes in designing, building, deploying, and supporting application-specific computing systems. The company offers a diverse range of products, including embedded systems, military and aerospace systems, network appliances, and rugged tablets, among others. In addition to its product offerings, Network Allies provides comprehensive system integration services, which encompass new product introduction, process development, and regulatory certification. The company also delivers engineering and design services, focusing on technology assessment, system design, and prototyping. Furthermore, Network Allies supports its clients with logistics and support services, including supply chain management and sustained engineering. By catering to original equipment manufacturers and independent software vendors, Network Allies enables these businesses to concentrate on their core competencies while reducing their total cost of ownership.

Baynes Electric Supply

Venture Round in 2017
Baynes Electric Supply Co., Inc., founded in 1956 and located in West Bridgewater, Massachusetts, specializes in distributing electrical and lighting products. The company serves a diverse clientele, including institutional, industrial, and commercial customers, as well as electrical contractors. In addition to its distribution services, Baynes Electric Supply offers various supporting services such as energy audits, switchgear solutions, and re-lamping programs, catering to the specific needs of its customers in the electrical sector.

TriWire Engineering Solutions

Acquisition in 2017
TriWire Engineering Solutions is a broadband installation service provider located in Tewksbury, Massachusetts. The company specializes in delivering high-quality installation services for major cable and telecommunications companies, including Cablevision, Charter, Comcast, Cox, Time Warner, Metrocast, and ADT Security Systems. TriWire is known for its team of highly skilled and tech-savvy professionals who are dedicated to providing exceptional customer service. By focusing on the needs of its clients, TriWire ensures that customers receive reliable and efficient installation services tailored to the evolving demands of the industry.

Phillips Screw Company

Venture Round in 2016
Phillips Screw Company, Inc. is a manufacturer and distributor based in Burlington, Massachusetts, specializing in the design and engineering of proprietary fastener technology. Founded in 1933, the company offers a diverse range of fasteners and drive systems tailored for various industries, including aerospace, automotive, electronics, and renewable energy. Its product offerings encompass aviation fasteners for aircraft manufacturers, micro fasteners for devices in computing and telecommunications, and solutions for machine tools and imaging applications. The company serves multiple markets worldwide, including military, marine, and industrial sectors, and is known for its patented drive systems designed to enhance fastening applications.

Phillips Screw Company

Acquisition in 2015
Phillips Screw Company, Inc. is a manufacturer and distributor based in Burlington, Massachusetts, specializing in the design and engineering of proprietary fastener technology. Founded in 1933, the company offers a diverse range of fasteners and drive systems tailored for various industries, including aerospace, automotive, electronics, and renewable energy. Its product offerings encompass aviation fasteners for aircraft manufacturers, micro fasteners for devices in computing and telecommunications, and solutions for machine tools and imaging applications. The company serves multiple markets worldwide, including military, marine, and industrial sectors, and is known for its patented drive systems designed to enhance fastening applications.
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