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.

Benchmark International

Benchmarks Exclusive Opportunities

Engineering and Consulting Firm Providing Custom Test Solutions – BN000033506

Engineering and Consulting Firm Providing Custom Test Solutions – BN000033506

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