NORTHERN OHIO-BASED PLASTIC INJECTION MOLDING MANUFACTURER

NORTHERN OHIO-BASED PLASTIC INJECTION MOLDING MANUFACTURER

This manufacturer of plastic injection molding has a strong history of meeting customer needs for complex molding and secondary product assembly. The Company utilizes robotic technology and a wide range of molding equipment to produce an array of products. The past two decades have seen strong growth and expansion of capabilities, including large part and high tonnage injection molding, with recent investment focused on new technology. Lower overhead allows competitive pricing. Current ownership is looking to retire but is available for an extended transition period. Ideally, the owners would like to sell a portion of their ownership now and maintain a portion of the Company going forward. The purchase offers turn-key acquisition of a well-run Company with considerable upside opportunity.

 

GROWTH OPPORTUNITIES

Extensive Range of Potential Markets – The Company primarily serves Tier I and Tier II truck and automotive suppliers. They are continually developing new customer markets that include furniture, energy, vending machine components, toys, pallets, stadium seating, office supplies etc.

Capacity for Growth – Company facilities and equipment could handle a 40 percent increase in sales and production without significant additional capital investment.

INVESTMENT HIGHLIGHTS

Excellent Location – The Company is based in the heart of the Midwest manufacturing belt, giving it ready access to its core automotive and truck manufacturing markets as well as other major manufacturers.

Experienced, Expert Staff – With its history of custom applications, the Company has key, experienced employees able to quickly respond to meet customer needs.

Quality Facilities and Equipment – Multiple modern manufacturing plants, featuring up-to-date, high-quality manufacturing equipment, are owned by related third parties and available as part of the purchase.

FYE 4/30/19   Revenue:                         $12,800,000

FYE 4/30/19   EBITDA:                            $1,200,000      

WEST MICHIGAN MACHINING AND COATING SHOP

WEST MICHIGAN MACHINING AND COATING SHOP

This Company based in West Michigan combines precision machining and grinding with expertise in applying thermal spray coatings. The Company specializes in round, turned, ground and coated consumable components with a focus on fluid handling equipment, specifically pumps. The Company serves multiple fluid handling industries, including chemical, water, wastewater and food processing. Secondary markets include energy production and the fracking industry. Current ownership has implemented complete cultural, operations, facility and market overhauls. This Company is poised to build on past success as a leading supplier to its customers and to grow under new ownership.

GROWTH OPPORTUNITIES

Multiple Market Potential – The Company serves a wide range of industrial applications, offering a wide variety of potential new market opportunities.

INVESTMENT HIGHLIGHTS

High-Value Product – The Company’s cutting edge processes provide rapid manufacture of customized products that significantly outperform and outlast other traditional processes.

New, Modern Facility – The Company operates in a spacious plant built recently to specifically provide quality, efficient space for this Company’s operations. It stands on a large industrial lot offering room for additional expansion.

3 Year Weighted-Average Revenue: $3,850,000
3 Year Weighted-Average EBITDA: $270,000

NATIONAL LEADER IN PRECISION GAGE PRODUCTION

NATIONAL LEADER IN PRECISION GAGE PRODUCTION

This Company is a national leader in the manufacture of precision gages used in production in numerous industries. As an expert source in metrology – the science of measurement – this Company has a long history of providing top-quality functional gaging for thread, cylindrical, pin, API thread and specialized applications. Key to the Company’s past success is a proprietary plating process that produces gages that last up to four times longer than competitors’ products. The Company has upgraded production equipment in the past decade and is ready for new management to lead a quality staff in continuing a strong tradition of excellence.

GROWTH OPPORTUNITIES

Extensive Market Possibilities – The Company’s expertise is used in a wide range of manufacturing applications, including automotive, nuclear power, medical, energy and agricultural industries, offering multiple avenues for new market penetration.

INVESTMENT HIGHLIGHTS

Recognized Excellence – The Company is widely known for its quality products. It manufactures gages to American Petroleum Institute (API) specifications and is one of only two manufacturers in the United States licensed to manufacture API master gages.
Quality Facilities – The Company operates from a spacious manufacturing facility equipped with technologically advanced production machinery. The plant is located on a large site with room for expansion.

3 Year Average Revenue: $3,800,000
3 Year Average Adjusted EBITDA: $400,000

MIDWEST-BASED PACKAGING MATERIALS MANUFACTURER

MIDWEST-BASED PACKAGING MATERIALS MANUFACTURER

This Midwest-based Company would like to sell their patented inflatable structural packaging product manufacturing operation to an acquirer that has the distribution to a wide variety of shipping and packaging purchasers.

Product Features – Produced with eco-friendly sustainable materials.  Their proprietary products drastically reduce shipping costs and storage space and exceed quality standards compared to similar priced product options.   There are also opportunities to continue the machine building capability.

Product Development – The Company’s technology can be adapted to serve a wide variety of clients in diverse industries.  The Company offers design, prototyping and sampling, manufacturing, and distribution to their customers.

Production Capabilities – The current production staff and equipment have the capacity for growth. A passionate and talented staff has expertise to provide innovative solutions to serve new customer needs with minimal lead times.

The company has recently been awarded Purchase Orders from a large, nationally known customer, which is driving the forecasted revenue and EBITDA figures below.

March 2020 – March 2021 Forecasted Revenue:                             $2,000,000

March 2020 – March 2021 Forecasted EBITDA:                               $730,000

MICHIGAN CONSTRUCTION SERVICES & AGGREGATES SUPPLIER

MICHIGAN CONSTRUCTION SERVICES & AGGREGATES SUPPLIER

This multi-faceted Company provides a complete range of construction aggregates and trucking services to general contractors, large highway projects, city and county road commission projects and homeowners. Ideally located to serve a booming regional construction market, the Company has seen steady growth. A long track record of dependable service generates significant word-of-mouth and repeat business. An experienced workforce and quality equipment give the Company a competitive advantage. With the owners ready to retire, this business presents an excellent opportunity for a financial buyer to acquire a profitable, growing operation or for a strategic buyer to expand by acquiring a fleet of well maintained equipment and experienced, dependable employees.

GROWTH OPPORTUNITIES

Expand Marketing to Grow Sales – The Company depends primarily on word of mouth to generate new business, with limited advertising. Markets and sales could grow through a comprehensive advertising campaign highlighting the Company’s well-regarded capabilities.

Investment in Facilities – Acquiring and opening new sand and gravel pits along with enhancing the sales yard design will provide opportunity for expanded sales.

INVESTMENT HIGHLIGHTS

Excellent Reputation – A long history of dependable, quality service, along with work on most of the area’s high profile projects, has given the Company a good reputation among area construction managers.

Quality Staff – Company employees have relatively long tenures, providing it an experienced workforce at a time when quality construction staffing is in high demand.

Ideal Location – The Company operates near a major metropolitan area, readily accessible to construction projects in any part of the region via nearby highways.

2018 Revenue:                                   $8,580,000

2018 Adjusted EBITDA:                      $1,730,000

 

MIDWEST HYDRAULIC SALES AND SERVICE PROVIDER

MIDWEST HYDRAULIC SALES AND SERVICE PROVIDER

This Midwest-based company is a growing and highly profitable leader in the hydraulics industry. It has a long history of customer service and rapid servicing that is second to none. The Company has expert technicians with the ability to troubleshoot and design exactly what the customer is looking for, as well as follow that up with very quick service. The Company provides products within numerous industries and access to all parts needed to meet customer needs. The Company has the facilities to handle significant growth, as well as potential for significant growth with increased sales efforts. Its current customer list is well over 2500 on an annual basis, and that number continues to grow.

GROWTH OPPORTUNITIES

Outside Sales Team – The Company currently generates business primarily from repeat customers, referrals and its website. An outside, active sales force could quickly increase the revenue stream.

Additional Partnerships – The Company is a major distributor for numerous vendors, with the ability to add more to the mix. Offering a wider product line at the proper pricing and service timing would continue to increase the already wide customer base.

INVESTMENT HIGHLIGHTS

Quality Service Reputation – The Company’s rapid service and ability to provide service and products to both large and very small customers have created a well-known name in the industry. Follow-through with customers is also a key aspect of the service.

Diverse Customer Base – With no reliance on one industry, the diverse customer base in numerous industries provides a leveling out of revenue year over year. The Company has in excess of 6,500 accounts and customers on its books, adding over 1,000 in 2016.

2016 Revenue: $8,663,374

2016 Adjusted EBITDA: $914,000