Metal Fabrication Company: Quality Custom Fabrication

What happened

A national award-winning, forty-year-old metal fabrication and welding company, sold to an out-of-state buyer who relocated to New England to take the helm.

Most buyers of lower-middle-market manufacturing companies come from more than a hundred miles away. An advisor who only works locally is searching a fraction of the real market.

[MUSIC PLAYING] WALTER CAMP: My name is Walt Camp. I was a previous owner of Welding Works. I'm currently Vice President of Sales at Welding Works. Welding Works is a full service fabrication and machine shop that services several markets, mostly industrial and commercial markets. There was a lot of issues with Art, because of primarily myself and my partner. So he was getting up around 70. And they're saying, look it, time to stop putting in 60 hours a week. So he was ready to get out. And I said, well then we should try selling the company. It was ideal for me. It was ideal for him. I didn't have to worry about making payroll every week. All the problems that come with owning it. And I was still able to do sales and the stuff I enjoyed. So it was a home run for both of us. The first year after Ross bought the business was probably a record year for Welding Works. And the following year, we beat that record again. We reached out to Accelerated Manufacturing Brokers, and when they evaluated the business, it came through a lot higher. And quite honestly, we got a lot more money than we thought we would. We were real happy with the number. There was a lot of communication efforts, and they led us step by step through the whole process. I would recommend Accelerated Manufacturing Brokers to anybody. [? You ?] did a great job.

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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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Accelerated represents lower-middle-market manufacturers pursuing a complete sale, recapitalization or partnership with a larger firm.

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Fabricated Metal Products

before they are advertised.