S&S has new majority owner, Stan Checketts discontinues relationship with the company

Posted | Contributed by Scottt

Larsen MacColl Partners has acquired ownership of enough shares, including all of those previously held by company founder Stan Checketts, to be the majority owner, according to a press release issued Monday by S&S Worldwide. Checketts, who founded S&S in 1994, is no longer a shareholder and has ended his consulting relationship with the company in order to pursue other business interests, according to S&S. He remains an owner of S&S's sister company, Boomerang Systems, an automated storage and car parking company also based in Logan.