Details - Information last confirmed on June 15, 2021
This company distributes their private label electronic components (75%). The company is also a manufacturer’s representative to OEM customers. The company was founded in 1999 and primarily services the Western United States but they are not limited in territory and they sell worldwide. COVID-19 did have an impact on sales as many manufacturers had to close however the company is expecting to quickly return to pre COVID sales.
The company has vendor codes at many large EMS groups throughout the world. Primary customers are OEM’s and their CM’s in various markets. There are several opportunities for growth that include increasing staff of inside/outside sales and engineers, new product introductions, and new markets.
Sellers are planning on retiring after many years in the business but continue to be passionate about the company's growth, so the Sellers are willing to stay on during a transition and possibly longer.
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