MARINE EQUIPMENT MANUFACTURER

This Midwest-based Company specializes in the development and manufacture of high precision casted and machined parts for the marine industry. Renowned for its experienced team and leading edge engineering, the company has developed a proprietary line of branded marine products. The Company’s state-of-the-art equipment produces tight tolerance metal components, which has established the standard of quality and performance in their market. Decades of experience, along with the vision and dedication of the management team have continued to position the Company for future growth. Total revenue for the Company is less than $20 million, and management projects continued and increasing profitability in the future. Aftermarket sales are a substantial driver of company profitability.

Transaction Closed

March 2017