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Engineering and Consulting Firm Providing Custom Test Solutions – BN000033506

Southeast US, US
1M-5MUnder 500k Engineering, Professional Services / Consultancy
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TEASER
CLIENT CODE: BN000033506
REVENUE/TURNOVER: $2,605,861
EBITDA: $16,287
HEADQUARTERS: Southeast US
 
Interested? Contact Us
813-898-2350
wsullivan@benchmarkintl.com
Engineering and Consulting Firm Providing Custom Test Solutions – BN000033506

William Sullivan

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Description:

The company is an engineering consulting firm serving the automotive, aerospace, industrial, and alternative power industries. The company develops and designs integrated test facilities, technical centers, custom test equipment, and systems for a wide range of industrial needs. The company’s extensive services include design, equipment procurement, fabrication, project management, construction management, custom control systems, custom software development, and technical support.

 

Key Aspects:

  • Operating history spans continuously over four decades
  • Approximately $511K remaining to be billed on projects as of April 2023
  • Since inception, approximatively 90% of revenue is domestic (US)
  • In 2022, repeat business accounted for approximately 59% of revenue
  • Custom turnkey solutions
  • Registered trademarks and patents in place
  • In-house design, fabrication, and machining capabilities
  • 3D Computer-aided Design (CAD) modeling software capabilities
  • National Instruments (NI) and LabVIEW for data acquisition, control applications, and Programmable Logic Controller
  • Lean, highly-specialized team of engineers

 

Opportunities:

  • Leverage the company’s existing expertise to fulfill the growing market demand in the industry
  • Claim additional market share by capitalizing on unmet demand
  • Expand service offerings to capture untapped markets

 

Headquartered:

  • Southeast US

 

Current Markets:

  • The company serves worldwide commercial and industrial clients as well as Tier 2 and Tier 3 suppliers within the aerospace, automotive, industrial, and alternate power industries

 

Real Estate:

  • The company operates from a 22,000 sq. ft. facility owned by an unrelated third party. The location includes 10,000 sq. ft. of office space and 12,000 sq. ft. of production shop.

 

Shareholder Ownership:

  • Four shareholders own the company. Three of the owners are seeking exit strategies to pursue retirement. They are available to remain with the new ownership for a transition period of up to one year. The fourth owner is willing to stay on with the new ownership after the sale.

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