Home      Completed Transactions

Client 1037            Automation & Control Distributor

Transaction Occurred December 2015

Business Description:  This Business supplies control components and automation products to OEM’s.  They have excellent, well-known lines and broad territories.  They also provide compressed air and gas filters, membrane dryers, and gas generators to analytical and industrial users.  Customers are typically within 100 miles from their facilities.  They also supply packaged industrial components to military depots anywhere; they have the required Cage Code to do business directly with the military.  

Operational Strengths:  The Company takes a niche approach to each market and customer.  This coupled with a value added emphasis in assembly and/or technical support provides the basis for excellent customer service.  Repeat customers are the norm.

Financial Information:  Sales in the most recent fiscal year were over $6.3 million.  Adjusted EBITDA was just over 4.5% of Sales.

 

Client 2051            Industrial Automation Manufacturer

Transaction Occurred January 2014

Business Description:  The Company designs and manufactures systems and integrated automation for packaging and custom material handling applications.  They serve the markets including automotive, consumer goods, food and beverage, and household goods. The Company serves client facilities located mainly throughout the Midwest and Southeast USA; many are widely recognized, household names. 


Client 2052             Metal Stamper

Transaction Occurred November 2014

The Southwest Ohio Company is an efficient, low cost producer of high quality metal stampings, assemblies, and welded parts.  The Company is ISO 9001:2008 registered.  Although a number of parts are for auto and truck applications, they are parts that rarely are re-designed, resulting in long term runs – some have been run for over a dozen years.

The Company has presses ranging from 35 ton to 400 ton.  They stamp steel, copper, aluminum, brass, and stainless.  A number of secondary operations such as welding, tapping, riveting, and assembly increase their value to customers.

The Company finds a way to serve customers and does what it takes, whether it’s point-of-use product packaging, improved quality, Kanban, improved part design, daily shipments, or just old fashioned customer service.

The 45,000 square foot facility is owned by an entity owned by the Owners of the Business.  The five acre parcel offers room to expand.  The facility can be acquired or leased.

Revenues have grown from $4.8 million in 2012 to $5.8 million in 2013 and are expected to grow to $6.7 million in 2014.  Adjusted EBITDA averaged approximately $600,000 the past two years.  There are additional opportunities with existing and new customers.  The future looks promising.


Client 2058             Metal Finishing

Transaction Occurred April 2015

This SW Ohio Business specializes in metal finishing, deburring and parts cleaning.  It has been satisfying customers for over twenty years.  Services include blasting, rust removal, sanding, and other value added services.  

Annual Revenues grew 7.5% from 2012 to 2013 and are expected to grow over 10% in 2014 compared to 2103.  Adjusted EBITDA is over 30% of Revenues.

The facility is also for sale; it has nearly 60,000 square feet including offices.  It is in an environmentally clean facility that has recently been expanded – it has capacity for continued growth. 


Client 2074             Tool & Die, Prototypes, Machine Shop

Transaction Occurred August 2016

The Business offers complete services – from prototype through production.  They design and manufacture special tooling and special machines from table top to room size and provide 3D modeling and CAM programming.  Parts production is an on-going and important portion of their Revenue.  They are specialists in the glass industry and make special machines to service the pressed, blown, and extruded glass companies.  They provide close tolerance precision CNC machining of a wide variety of materials including steel, alloys, plastics, and composites.   

 

Client 4135            Metal Manufacturing Solutions

Transaction Occurred May 2015

This twenty year old consulting firm contracts with manufacturers to go into their customers’ facilities to oversee and help manage how their products are performing.  The role of the Consultants is to solve problems and make manufacturing more efficient; they are independent contractors with specific manufacturing expertise.  They perform services that otherwise would be done by full time employees, keeping the full time employee count down.  The concept has proven to be financially and performance efficient. The Business can operate from anywhere, office or home office. 

Revenues were $1,160,000 in 2014.  Adjusted Earnings/Cash Flow was 22.5% of Revenues the past two years.  The Owners are ready to retire after a reasonable transition period.