Opportunities Submitted

Company NameConfidential until signed NDA
Contact NameBrad Mart
Contact EmailEmail hidden; Javascript is required.
Contact Phone(317) 775-0050
Opportunity NameConfidential until NDA signed
Location of BusinessChicago suburbs
When was the business started?1998
What is the business most known for?Manufacturer of HVAC parts
Who is/are owner/owners?Husband and wife who are active in the business and seeking to sell the business to transition toward retirement.
Why sell the business?

The owners have decided that they would like to transition toward retirement over the next few years in order to spend more time with family and more time in warmer climates. However, they are flexible to stay involved in their existing or similar roles for the next few years. In addition, they are willing to entertain creative deal structures depending on the proposed transaction and the buyer’s objectives.

Are you looking to recapitalize the business by selling a majority stake to aggressively take the business to next level?Potentially
Who will remain on the ownership level?Potentially the two current owners and the head of operations
Is the owner(s) planning to stay around? If so, what is their thinking?

The owners have decided that they would like to transition toward retirement over the next few years in order to spend more time with family and more time in warmer climates. However, they are flexible to stay involved in their existing or similar roles for the next few years. In addition, they are willing to entertain creative deal structures depending on the proposed transaction and the buyer’s objectives.

What is the maturity level of the business?Post Revenue and Profitable
EBITDA or Profit for same period3 Year average of $1.4 milloin
Trailing 12 Month Revenue$14.0 million
Trailing 12 Month EBITA$1.28 million
Any significant debt on the business?No
Why did the business start?

Owners started the business 25 years ago

Why did the business start?

Owners started the business 25 years ago

How did business get to where it is at?

100% organic growth through high quality products, high levels of service, and fair prices.

Aggregations or Organic growth?

Organic growth

Any tailwinds or headwinds facing business/sector?

Tied to commercial construction

Sector insights from owner and what the opportunity going forward with new owner might look like?

Expand sales team and focus on geographic growth and new products.

What is the unique story of business -- how is it different then their competition –what makes them better/worse?

High quality products, high levels of service, and fair prices.

Provide any additional notes, information or data that supports this opportunity

The Company is a fabricator of HVAC duct and fitting products for multiple commercial building types. It offers the most revolutionary duct delivery systems available in its geography. Its commercial HVAC products help construction projects cut energy fees, improve air quality, and decrease labor costs.

The Company has a strong management team with significant tenure that will remain with the business. Other positive attributes of the Company include strong profitability with no debt, low customer concentration, and favorable vendor terms. In addition, annual capital expenditure requirements are low and there are strong customer relationships with no bad debt write-offs over the past three years and a strong A/R aging.

Date CreatedJanuary 2, 2023
Date UpdatedJanuary 2, 2023