The first two versions of the outdoor music show went from late morning to early evening, but this year the schedule has been extended after dark with the final performer beginning at 9:15 p.m.
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About 40 years after his father established Cromwell manufacturer Northeast Quality Services LLC, Ralph Coppola decided it was time to sell.
Business at the 50-employee company that makes parts like nuts and screws for various industries was running smoothly, doing about $10 million in annual revenue, Coppola said. A desire to leave the manufacturing industry for a new venture drove his decision to sell, he said, but finding the right buyer was important.
“We had options from all the different types of buyers from an individual buyer to a buyer that was a massively huge … hedge fund,” Coppola said.
About six months ago he closed a deal with Kansas-based private equity firm TGP Investments LLC, Coppola said, because the firm’s president understands Connecticut’s manufacturing sector and is looking to invest resources into the company.