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Closed
Motion & Power

Custom Racking and Tool Manufacturer for the Railway Industry

The company is not named and no financial detail is published. What follows is what the owner wanted, what the process ran into, and how it resolved.

Sector
Motion & Power
Region
Status
Closed

What happened

A three-decade-old family business that began on the family farm and grew to include a large facility in town and a secondary rental location. Part of the operation was still spread across three buildings on the farm and would eventually have to be moved.

With the business heavily reliant on its CPA firm, the buyer needed to be strong on the financial side, carry a manufacturing background capable of handling multiple locations, and be sophisticated enough to work with every major railway in North America. The client's mandate was a buyer committed to keeping the jobs in the community.

The answer was two buyers rather than one: both had worked for a large manufacturer, one with a financial background and one with engineering and manufacturing depth. Both had left the area for college and early careers and returned to raise their families, with a long-term commitment to stay.

Marty and Debbie — it was an honor and a pleasure to work with you. We wish you a long, happy and healthy retirement. Eric F. and Eric W. — we have no doubt this company is in good hands.

Every closed engagement is described this way. The company is never named, and no figure that could identify it is published (except where permission is granted) — during the process or after it.

Why no documents are available

The NDA and teaser came down at completion of the transaction. What a seller is owed in confidence during a sale, they are owed afterward.

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