Strategic Buyer Seeks Gasket and Seal Manufacturing Company in Ohio
NEO Business Advisors has been retained to assist our client in the acquisition of companies in the gasket, packing and seal manufacturing, fabricating, converting, and distribution industries throughout Northeast Ohio and the surrounding states. We assisted our client in successfully completing the acquisition of a platform company in this space in 2021 and are currently seeking follow on acquisitions for this platform.
Acquisition Criteria
Target Company:
Seeking Gasket, Packing and Seal Manufacturing, Fabrication, Converting and Distribution Companies established 15+ years with an owner looking to retire.
Geographic Area of Interest:
Primary area of interest is Northeast Ohio within a 100-mile radius of Cleveland, OH with secondary interest in the surrounding states.
Revenue Range:
$500k - $5M Revenue
Cash Flow Range:
Up to $1M EBITDA
Valuation/Deal Structure:
Preference for 100% buyout transactions.
Automatic Disqualifiers:
Our client is generally not interested in unionized businesses or those designated as a minority-owned, woman-owned, veteran-owned or disadvantaged business entity status if contracts or sales are conditional upon the status.
About Our Client
Our client has recently acquired a platform company in this space in 2021 located in Northeast Ohio and is actively seeking add-on acquisitions to scale. The company has a state-of-the-art 33,000 SF manufacturing facility with ample capacity for in-house growth and space to integrate other business operations.
Contact Us
If you are interested or know of a potentially interested party, please fill out the form below or contact:
Nick Fares, Principal Broker
Direct: 330-283-3900
Email: [email protected]
Speak to the Buyer
We look forward to speaking with you about our buyer's criteria and learning about your business. For more information or to schedule an intro call, please complete the contact form below.
NEO Business Advisors, holds all conversations confidentially.