Mar 6, 2020 — As a leader in its industry, this Company offers a comprehensive package of magnetic solutions for work holding, mold & die clamping, and material handling. The Company owns product design, technology, patents, know-how, trademarks, and other intellectual property rights. By installing one of the largest finished product inventories and training highly skilled service and sales engineers, the Company has created a substantial customer base in North America in a relatively short time. The Company’s ability to provide immediate technical answers, excellent service, custom design, and OEM specific products & product lines has positioned the Company to be a major player in the industrial magnetic solutions industry.
The owner of this Company has gone to extensive lengths to ensure minimal involvement in the day-to-day activities of the Business, allowing for a turn-key transition of ownership. This Business is a rare opportunity for a smooth, easy, and rewarding investment.
The Company was founded in 2013 and has had consistent revenue year-over-year. The current owner has established strong management for future growth and is ready for either a new passive owner or an active investor.
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