NHBS Coordinates Sale of Parcel Room
Parcel Room, a pack and ship business located at 1465 Woodbury Avenue,Portsmouth has been sold by Jeff Ballantyne to Ryan Boccelli and Jason Newman. The transaction was brokered by Ed Settino, Business Broker with New Hampshire Business Sales, Inc. based in Pembroke, NH. Financing was provided by The Provident Bank.
Parcel Room has been family-owned and managed since 1985 and was being run by the second generation at the time of sale. The business offers complete packing and shipping solutions to a diversity of customers. It can pack literally anything and ship all over the world. The store is an Authorized Shipping Center for UPS, FedEx, DHL and US mail as a USS Approved Retail Location. Additionally, it is the lead store in PackFreight Network.
Ryan Boccelli said he plans to build on the success the Parcel Room has achieved and take advantage of synergies with his other business, Rate Liner, focusing on warehousing, fulfillment and transportation.
“By combining both companies, we now have the technology customers look for, while providing a fleet of vehicles that can deliver anything, anywhere (literally) with full order fulfillment completed within our warehouse network” stated Boccelli. “In addition, we plan to expand on the Parcel Room Specialty Antique Solution by adding ecommerce solutions to online auctions and final mile delivery for complex shipments through the Parcel Room’s customer network and Rate Liner’s residential delivery fleet.”
New Hampshire Business Sales has completed its 44th year as the state’s premier business brokerage firm. The company has assisted owners of privately held NH businesses in valuing, marketing and selling their businesses since 1976. The firm’s associates have a variety of business backgrounds and ownership experience. Associates work from offices around the state. For more information about the firm and its offerings, visit www.nhbizsales.com or contact the corporate …
NHBS President, Leon Parker, Honored for Years of Service
Public service has been a core value of N.H. Business Sales since its founding in the 1970s by Stewart Lamprey, then a commercial real estate broker based in the Lakes Region.
Over the weekend during the traditional Town Meeting period in N.H., Leon Parker, the president of NHBS, was honored by the town of Henniker for his long term service to the community.
Through the years, Parker has served on the Board of Selectmen, Zoning Board of Adjustment, Capital Improvement Project, Road Management Committee, Budget Advisory Committee, Selectmen Representative to the Planning Board.
Parker began his work with NHBS under Stewart Lamprey, of Moultonboro, who served not only his town but the State of New Hampshire as Speaker of the House of Representatives and then President of the NH Senate.
“We are proud that Leon has given so much of his time to the town since it reflects our core values: make a difference wherever and whenever we can,” said John Howe, VP and co-owner of the company, and the director of Business Transition Strategies, the company’s M&A and advisory division.
NHBS and BTS team members are all active – and are encouraged to invest part of their time – in community groups, nonprofits, state and regional industry associations.…