AUTOMATED ASSEMBLY AND TEST EQUIPMENT MANUFACTURER
This Michigan-based Company specializes in the development and manufacture of custom-built automated machines for assembly and test applications. Its products are used primarily in the automotive manufacturing market, although many opportunities exist for the Company to pursue customers in adjacent industries. The Company’s loyal customer base is primarily based in the United States, with significant installations in various international markets. The Company consistently generates repeat business due to long-standing customer relationships. The Company has a strong backlog for future orders. Management is projecting continued growth and increasing profitability in the future.
Industry Diversification – The Company currently has capability to expand its markets by providing additional services beyond its core business. Capability also exists to expand product offerings further into manufacturing and testing applications. This additional growth could lead to significant synergies for a strategic buyer. Geographic expansion would also yield additional sales.
High Quality – The quality reflected in its products is embedded in the Company’s culture and its dedicated team of employees. The Company’s expertise in producing high quality products, along with proven performance in the areas of efficiency and reliability, have earned the Company a solid reputation in the industry.
Skilled Workforce – The Company boasts a loyal, long-term workforce and is well positioned to meet the changing demands of the global marketplace.
Customized Solutions – The Company provides customized products to meet each customer’s application requirements. Its solution-oriented approach has led to a high level of repeat and referral business. The vast majority of Company work is with repeat customers.
2016 Revenue: $10,900,000
2016 Adjusted EBITDA: $1,500,000