The company is engaged in the design, manufacture, and distribution of robotic industrial imaging equipment for the Non-Destructive Testing (NDT) industry. The company provides turn-key systems for a variety of NDT applications, priding itself on innovative and high-quality designs and excellent customer service. The company has several patented intellectual properties and has established relationships with most leading NDT service companies.

Key Aspects:
· Well-established and long-standing company with strong reputation for high-quality products and integrity
· Substantial accumulation of IP and expertise
· Strategic resource investments already done to support considerable growth in new potential markets while increasing share in current markets
· Several patents and trade secrets developed over decades of operations
· Capabilities to design and manufacture key equipment components in-house provides better control of costs, quality, and supply chain management
· Strong, experienced and highly-tenured employee base with several engineers on staff

· Expertly positioned to expand while the NDT industry ramps up utilization of robotic imaging
· New product offerings yet to be leveraged
· Contract for new diversified product with minimum purchase agreement expected to increase gross yearly income by 65%
· A variety of untapped markets and opportunities to grow market share in current markets with the right investment in business development
· Hire additional staff in anticipation of future growth including middle management, sales and marketing

· Southern U.S.

Current Markets:
· The company has commercial customers in a variety of industries, including petrochemical, pulp and paper, pipeline operations, utilities, oil and gas, and storage facilities. The company operates on a worldwide basis, with approximately 80% of sales being domestic and 20% international.

Real Estate:
· The company operates from a 10,500 square-foot facility leased from an affiliated entity. The facility was built in 2012 and designed for the needs of the business.

Shareholder Objectives:
· Ownership consists of one majority and one minority shareholder. The minority owner is approaching retirement age and seeks a full exit, while the majority owner wishes to grow the company with a strategic partner before an eventual full exit. Both owners are open to a variety of deal structures.

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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.