New York investor buys ARC Group’s Weld County buildings
LONGMONT and FIRESTONE — ARC Group Worldwide Inc. (OTCMKTS: ARCW) sold its two Weld County buildings to a New York private equity firm late last month for $10 million.
The Florida-based manufacturer sold its properties at 7040 Weld County Road 20 and 8906 Frontier Road in Firestone for a combined $10 million to Quadrant Management Inc., according to Weld County property records.
Quadrant, through managing director Wayne Quasha, owns just over 60 percent of the company’s remaining stock after acquiring it last summer.
The two properties, which total 128,000 square…
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