Businesses Sold Businesses For Sale Wanted For Acquisition Below is a small sampling of the manufacturing businesses we’ve sold. National statistics show that most manufacturing companies in the lower middle market are sold to buyers from more than 100 miles away. Make sure that the broker you are considering has a national, rather than just a local, following to achieve the best results. At Accelerated Manufacturing Brokers, Inc., we’re known for bringing only the most qualified buyers into our client companies. It’s common for us to vet out hundreds of buyers, and only bring a small handful to visit. But those few are ALWAYS both professionally and financially qualified. Anything less than that is a waste of our time, and yours! Defense Contractor – Jet Engine & Tank ComponentsPrice Not Disclosed Here's why it's important to work with an M&A professional who has a large following AND understands manufacturing. This Company was sold to a much larger defense contractor who originally inquired about a different listing. When it was determined that the listing didn't suit their needs, we were able to quickly recommend a brand new listing that just launched days earlier. The result was a perfect match for our client. It was also the fastest list to LOI time and the fasted LOI to close time in our firm's history. Our client will remain with the buyer in a sales capacity, but now have an incredible infrastructure to support his efforts. Chemical ManufacturerPrice Not Disclosed After vetting 199 different buyers including large strategics and private equities, it was determined that the general manager was the best candidate for this acquisition. With the Seller's health failing, it was in his best interest to have a quick closing without a lengthy due diligence or contract negotiation. The GM was the logical choice, not previously considered by the founder. We were delighted to facilitate a process that led to the right decision for everyone. National OEM – Testing & Measurement InstrumentationPrice Not Disclosed This was by far one of the most challenging projects we've worked on in 26 years of business. We had to navigate the death of the Company's founder during the listing period and a company in crisis. We vetted hundreds of people, deemed only 16 to be BOTH professionally and financially qualified. Of those 16, only 4 groups were granted visits and all 4 submitted offers. Ultimately the Company sold to a respected industry giant who will maintain the brand, respecting the legacy of the founding family. A result we are proud to have been a part of. Coated Filter Media ManufacturerPrice Not Disclosed Sometimes in life, things don't go as planned. If you have a good broker, you'll get to the closing unscathed. This deal had more lives than a cat. Our original buyer got cold feet and backed out (very rare). We had multiple LOIs within a few short weeks. After settling on a second buyer, we had to successfully navigate our client's loss of a major customer and got to the closing table with both sides happy with the result. Aerospace Component Manufacturer – New EnglandPrice Not Disclosed 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. Specialty Tooling and Wire EDM ManufacturerPrice Not Disclosed 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, and the client's roof collapsing with equipment damage and a government shutdown with the financing coming from the SBA. We still closed it on December 31st because that's how we roll! We obtained multiple offers and this business sold over list price. Industrial Furnace Mfg., Sustainable Economic Moat Price Not Disclosed Our client was an industrial furnace manufacturer specializing in new and re-manufactured industrial vacuum, sintering, MIM, vacuum hot presses and hydrogen furnaces. To ensure the continuity of the company our client requested that we find a buyer with relevant industry experience, rather than simply a financial investor. This was like finding a needle in a haystack, but we found the perfect match! Manufacturer of Fiberglass Products Price Not Disclosed The largest company in the industry offered to purchase our client to gain their customers and close the plant. Our client gave us strict orders to find an acquirer who would keep the jobs in KY. We vetted over 200 companies, granted 7 visits, and received 6 offers. With the business development and sales skills of the family who made this acquisition, the largest company in the industry might not be the largest for very long! Best wishes to our new friends - the Accelerated Team will enjoy watching what happens next! Metal Fabrication CompanyPrice Not Disclosed National award-winning 40-year old metal fabrication and welding company successfully sold to an out of state buyer who will be relocating to New England to take the helm of our client company. According to the Market Pulse report, most buyers of lower middle-market manufacturing companies come from more than 100 miles away. If you're considering a broker who only works locally, you might be shooting yourself in the foot. Mfgr. of Architectural Curved Wood Panels Price Not Disclosed After vetting more than 100 buyers, only four were granted plant tours. All four submitted Letters of Intent. The business was sold to an out of state buyer who relocated to take the helm of this company keeping the jobs in the community. Recognized Industry Leader of Micro-Precision Manufacturing Price Not Disclosed We successfully sold this carve out of a publicly traded company. After having vetted over 250 buyers, only 9 were granted visits. We obtained multiple offers and the business sold at more than the list price. This business was listed with a local broker for more than a year with no result before we were called in to sell. CNC Component Manufacturer Serving OEMS Price Not Disclosed Our client was very concerned about the continuity of the company and future opportunity for the staff who had helped him become so successful. We were able to find the perfect match in an out of state buyer who previously ran a division of J&J. MA Based Aerospace Component Manufacturer Price Not Disclosed Sold at list price within 40 days. Midwest Industrial Equipment Repair Manufacturing Company Price Not Disclosed After vetting hundreds of potential buyers, 3 strategic buyers with multiple holdings were granted plant tours and meetings. Two of the three make offers and our client gets to choose to whom they wish to sell. We accomplished in record time what a local broker couldn't do in 4 years of listing this business. A "local" broker is not always the best choice. It's about exposure to the best manufacturing business buyers in the U.S. Northeast Manufacturer of Hydraulic Integrated Circuits Price: $1,895,000 LOI submitted less than 30 days of listing agreement being signed – sold to out-of-state buyer. NJ Stamping Company Holding Joint Patents With Raytheon Price Not Disclosed Company successfully sold to private equity after the death of founder. New England Pump & Valve Repair Facility Price: $2,295,000 3 LOIs submitted in one week – client got to choose to whom he wanted to sell. OEM Of Testing Equipment For The Semiconductor Ind. Price Not Disclosed 50+ year old industry leader in semiconductor testing equipment successfully sold to strategic buyer who is a world leader in the same sector based outside of the United States. U.S. Based Supplier of Sand Handling Equipment To The Foundry Industry Price: $2,950,000 Ohio based company sold to buyer from out of state. Northeast Niche Manufacturer Of Machine Tool Accessories Price: $1,250,000 Over 75 inquiries and potential buyers vetted. Only 2 brought to our client’s facility – both submitted offers. Sold to out-of-state buyer. Cash Box Manufacturer Selling Worldwide Price Not Disclosed Successfully sold NJ based business after client’s unsuccessful for-sale-by-owner efforts. Ultra Modern CNC Shop Providing Services to the Measuring Device Industry Price: $1,600,000 Over 250 inquiries and buyers vetted. Only 3 buyers are granted visits. All three submit offers. Two were out-of-state buyers. Gun Barrel Manufacturer With New Rifling Technology Price: $2,200,000 South Carolina based company sold to New England buyer. Ultra Modern CNC Shop Serving The Medical Device Community Price Not Disclosed Three LOIs submitted on this listing within 48 hours.