Specialty tooling and wire EDM manufacturer
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.
What happened
Our client said the deal MUST close in 2018 for tax purposes, but we had only 60 days from LOI to the end of the year. Add in 2 major holidays, a car crash, a snowstorm, the client’s roof collapsing, causing equipment damage, and a government shutdown with financing coming from the SBA. We still closed it on December 31st because difficult is what the Accelerated team does! We obtained multiple offers, and this business sold over list price.
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.
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.
See all closed transactionsAccelerated represents lower-middle-market manufacturers pursuing a complete sale, recapitalization or partnership with a larger firm.
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