Details

This opportunity is a precision machine products business that produces specialty components for the aerospace industry. The Company produces parts used in aircraft turbine engines, landing gear assemblies, and door latches with an approximately equal split of sales being for commercial and military aircraft. The Company employs a loyal workforce of 48 employees with an average tenure of 11+ years. The Company is a long-standing approved vendor for one of the world’s leading manufacturers of aircraft; this manufacturer represents a majority of the Company’s sales through long-term contracts.

The Company is ISO 9001:2015 and AS9100D Certified to ensure all components produced are up to the highest aerospace quality standards. Due the Company’s exceptional quality management and skilled workforce, the Company can complete most of its work in-house with the small exception of some parts that require specialty processes such as heat treating, non-destructive testing, and plating. This makes the Company a crucial step in the supply chain of its large customer. In the last seven years the Company has needed to make extensive investments into its equipment base to be able to satisfy ever growing customer demand.

The Company was founded in the 1960s by the previous owners (2 owners) and was acquired by the current owners (2 owners) upon the previous owners’ deaths. The two current owners are husband and wife; the husband is actively involved in the Business (an average of 16.6 hours per week) and the wife has no involvement in the Business. The Company boasts a workforce of 7 salaried employees with average tenure of over 30 years and 41 hourly employees with an average tenure of over 8 years. All the day-to-day operations of the Business are handled by the current General Manager who expects to stay on after the sale of the Business along with the rest of the employees. The owners desire to transition into retirement. They are willing to negotiate staying on part-time post-transaction to assist in the training of and transition into new management.

The Company operates out of a 26,000 square foot facility that features three exterior loading docks. The owner is flexible as to a lease or purchase of the real estate with the sale of the Business.

Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency. In addition, you will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL. If the email cannot be found, please email and request a PDF version.

Once we receive your NDA and answers to some basic questions, the Confidential Information Memorandum (CIM) will be sent to you by the project manager.

IF YOU DO NOT RECEIVE A FOLLOW-UP EMAIL AFTER YOU SUBMIT YOUR NDA, PLEASE CHECK YOUR JUNK MAIL FIRST. If you do not see the email there, please email for support. Thank you in advance!

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Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.