The company’s board sought to raise capital to fund its growing operation and retained members of the Aaron capital team to represent the company in its capital raise effort. As a result, $80 million in senior notes were raised to fund the operations of this major process control systems manufacturer.
About The Foxboro Company
The Foxboro Company (currently Foxboro) is a leading manufacturer of industrial controls. The company supplies devices for monitoring and automating manufacturing processes to the chemical, oil and gas, paper, food, pharmaceutical, mining, electric, water, and scientific industries. Founded in New England in the early years of the twentieth century, Foxboro grew as a result of continuous innovation in the products that it offered. The Foxboro brand was acquired by Schneider Electric in January 2014