Bazzinotti has served ADC in several important roles, including vice president of operations and chief operating officer, during the past four years.

David Schopp of Stonebridge said: “We have a tremendous amount of respect for Joe and his exceptionally capable management team.”

ADC supplies dryers for commercial coin-operated, on-premise and industrial laundry markets. Stonebridge Partners, a private equity firm based in New York, acquired the majority share in the company in July 2008.