SOLD

Aerospace component manufacturer – New England

Aerospace

With two LOIs submitted on this business, we’d found the perfect buyer for our client. However, with a 65% customer concentration, 12 acquisition lenders turned the deal down. We referred the buyer to one or our national lenders who understands the aerospace industry, in which it’s almost impossible to not have a concentration. This business had 2 shareholders, one wanting immediate retirement and one wanting to continue working. We got them BOTH what they wanted.

 

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