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The Boston Globe

2026-11-05T12:00:00.000Z

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New England factory buys

New England factory buys

Doug Walsh and Troy Renauld launched Wallander Group to acquire locally owned industrial businesses in New England, raising $26 million from 15 investors. The holding company is targeting firms worth $5 million to $15 million and plans to hold them long term, using their cash flow to fund further acquisitions. It has not completed a deal yet, and the founders are sending handwritten letters to business owners to start conversations about succession.

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