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W W W. M A I N E B I Z . B I Z 5 M AY 1 4 , 2 0 1 8 Copyright 2018. All rights reserved. Mainebiz® (ISSN# 1530-0749) is published bi-weekly 29 times a year, including special issues published in July, September, October and December by New England Business Media LLC. Periodicals postage paid (USPS# 018-715) at Port land, ME and at additional entry points. Postmaster: Please send changes to: Mainebiz, PO Box 330, Congers, NY 10920-0330. Annual subscriptions are available for $47.95 and include Fact Book and Book of Lists. To subscribe, please visit our website at www.mainebiz.biz, email mainebiz@ cambeywest.com or call our circulation department at 845-267-3008. Mainebiz® accepts no responsibility for unsolicited manuscripts and in general does not return them to the sender. Subscriber list: We make a portion of our subscriber list available to reputable firms for one-time use. If you would prefer that we not include your name, please call Donna Brassard at 207-761-8379 x327 or email her at donnab@mainebiz.biz. 3 Viewpoints Editor's letter plus Top 10 16 Building Business NewHeight Group lines up contractors for next venture 27 On the Record Lyman-Morse builds its market through innovation 28 In Short Newsworthy people and performances 30 The List Maine's largest employee- owned businesses B U S I N E S S M A I N E I N E V E RY I S S U E 6 Sage Data Security joins forces with Tyler Technologies 7 Credits & Debits 8 Old Town engineering firm Sewall Co. sold 11 Biz Money Androscoggin Bank beefs up its lending staff 12 Ask ACE Advantages of outsourcing high-level accounting instead of hiring A roundup of Maine's business news 6 P H O T O / DAV I D C L O U G H 27 ...and imagines what could be. Building Business and Community for Over 40 Years The Dunham Group has a vision and a purpose. Dunham brokers rally ideas, people, and resources to create dynamic neighborhoods in and around Greater Portland. A vacant building becomes a boutique hotel. An Old Port office building becomes a vibrant retail block. Our brokers work together to re-envision and repurpose underutilized properties to create the places where you want to be. The Dunham Group takes what is... Portland, ME dunhamgroup.com 207.773.7100 Local Knowledge. Regional Focus. Global Reach. Helping Individuals, Families, and Businesses Create a Secure Future Our trusts and estates practice provides comprehensive and innovative estate planning, gift planning, estate administration, and trust administration services for individuals, families, and businesses. We also offer trustee services, fiduciary representation, probate litigation services, and expertise in Florida estate and tax law. We help closely held businesses plan for the future, providing advice and counsel on succession planning, ownership issues, formation strategies, and the complex employment issues that sometimes arise. Pierce Atwood. There's a reason… pierceatwood.com Merrill's Wharf 254 Commercial Street Portland, Maine 04101 207.791.1100 Molly Liddell Jana Magnuson Barbara Wheaton Griffin Leschefske