Issue link: http://deals.uberflip.com/i/1334236
Headquartered in Midwest US - 87 Employees Full-Service Foundry - Cas ng & Machining Customer Ver cals: Heavy Industrial Equipment OEM's Stephen Dinehart III, Senior M&A Advisor Tel: (608) 833-9396 Fax: (972) 392-8564 Email: sdinehart@genera onal.com www.Genera onal.com I www.DealForce.com 2020 Est. Revenue $15,500,000 I 2020 Est. Adj. EBITDA $450,000 Highlighted Investment Considera ons • Diversified Customer Base: The Company has developed an excellent reputa on within the industry for supplying high-quality and high-value cast and machined parts. Over the historical period, the Company experienced no significant customer concentra on. • Consistent Opera ng Expenses: The Company has built an effec ve organiza on capable of sustaining projected growth. Over the historical period, opera ng expenses have remained rela vely consistent as compared to sales. Effec ve management of costs supports the Company's ability to demonstrate greater scalability throughout the pro forma period. • Strong Net Working Capital: Ending December 31, 2019, unadjusted current assets were approximately $3,796,000 and current liabili es were $1,930,000, resul ng in a Net Working Capital (NWC) of $1,866,000. • High Barriers-to-Entry: To compete in the market, new industry par cipants would require advanced technical knowledge, significant investment in real estate and specialized foundry equipment. For more information, please sign the Confidentiality Agreement DISCLAIMER: All informa on contained in this document has been provided by the subject company to Genera onal Equity and while believed to be correct has not been verified. Accordingly, Genera onal Equity makes no representa ons or warran es as to accuracy and truthfulness of such informa on. The recipient hereof acknowledges that Genera onal Equity shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by Genera- onal Equity of this document. At all mes Genera onal Equity and its affiliate network members is an agent for the seller and not for the buyer. Genera onal Equity's fees are paid by the seller. The Company operates a full-service foundry, specializing in high-quality metal cas ngs and machined parts. The Company specializes in producing cas ngs of gray, duc le and austempered duc le iron up to 250 lbs. Addi onally, the Company o en performs value-added machining work, transforming iron cas ngs into precision parts. As of 2019, approximately 83% of the Company's revenue was derived from cas ng ac vi es, with the remainder resul ng from precision machining. The Company maintains excellent rela onships with large, heavy-industrial OEM manufacturers. The Company's products are primarily used in agricultural, locomo ve, and other heavy-industrial equipment. While products are distributed na onwide, the Company Iron primarily deals with customers throughout the central US with 20% of revenue generated in Wisconsin, Illinois 19%, Indiana 19%, Pennsylvania 19%, Oklahoma 7%, and other regions 16%. Client #63163