WEST MICHIGAN-BASED DIGITAL STUDIO

by | Apr 23, 2018 | Service

WEST MICHIGAN-BASED DIGITAL STUDIO

This Company was among the early adopters who led the way in corporate web design and development services as well as mobile and web e-commerce applications. It has seen steady growth in sales thanks to evolving skill levels and a strong reputation based on an extensive and diverse portfolio of work. The current hands-on ownership team is looking to retire but is available to provide transition support for up to a year. This Company provides an excellent opportunity for an experienced manager wanting to operate their own business or for a similar enterprise seeking growth through acquisition of a strong staff and well-established customer base.

GROWTH OPPORTUNITIES

Expanding Demand – The evolving digital design industry continues to be in strong demand as business and industry shifts to e-commerce and web-based communication and customer service. The Company has a strong regional presence and also serves national and international clients.

Boost Marketing – Current sales and marketing efforts are minimal, with word of mouth generating most sales. Adding a sales person and marketing efforts built on the Company’s strong reputation could provide an excellent return on investment with growing sales.

Facility Space – Current offices, leased from a related third party, could be included in the purchase. Offices have about 30 percent or more of underutilized space depending on the re-configuration, offering potential for staff expansion to service significant levels of new sales.

INVESTMENT HIGHLIGHTS

History of Expertise – The Company’s portfolio is extensive as well as diverse, reflecting its long track record as well as its reputation for quality work. In addition, the Company’s skill set gives it an advantage over both competitors and in-house providers, including the ability to provide expert service at less cost to clients than if they did the work in-house.

Loyal Customer Base – Quality work and flexible customer service has developed a high retention rate among major clients, many of whom have been Company customers for five or more years.

2018 Revenue:                        $ 1,668,000

2018 Adjusted EBITDA:          $ 295,000

    

Non-Disclosure Agreement

AUTOMATED ASSEMBLY AND TEST EQUIPMENT MANUFACTURER

by | Apr 18, 2018 | Completed, Manufacturing

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.

GROWTH OPPORTUNITIES

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.

INVESTMENT HIGHLIGHTS

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