Gasket Manufacturing Business
SOLD - NEO Business Advisors represented a strategic buyer in the acquisition of a Gasket Manufacturing and Distribution business in Illinois. The buyer completed a platform acquisition in the gasket manufacturing space through NEO in 2021, an Add-On in 2023, and was seeking additional Add-On Acquisitions to continue growing the business to realize better economies of scale while adding new geographic territories, enhancing their capabilities offerings, diversifying their customer base and end market industries, and expanding their highly skilled team of employees.
Asking Price: $6,500,000
Gross Revenue: $13,750,000
Adjusted EBITDA: $1,050,000
FF&E: $3,200,000 Included? Yes
Working Capital: $3,750,000 Included? Yes
Real Estate: $1,100,000 Included? Yes
Building Size: 30,000 SF (Owned)
Employees: 47 Employees
Location: Illinois
Established: 1916
Detailed Information
The buyer is seeking follow on acquisitions to scale the business through industry consolidation and economies of scale while continuing to expand geographic territory, capabilities, and customer end markets. If you are looking to sell a similar business or know someone who may be, please contact Nick Fares at [email protected] regarding an introduction to our client.
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