Issue link: http://deals.uberflip.com/i/1530979
Specialty Metals Distributor Loca on: Ohio #67708 BUSINESS HIGHLIGHTS The Company is a value-added distributor of special metals, servicing the North American Forging Industry. The Company primarily sells semi-finished forging quality steel products. They purchase carbon and alloy steel direct from mill producers, typically in full heat quan es, and break it into smaller quan es to sell to customers. The Company has developed extremely close customer rela onships throughout their history. As such, the Company relies on repeat business and a strong reputa on within the industry to generate revenue. Currently, the Company generates approximately 85% of revenue from previously engaged customers within the industry. Given the Company's reputa on and customer contacts, significant revenue genera on is possible with addi onal resources dedicated to sales support. Mark Long Senior M&A Advisor E: mlong@genera onal.com D: 614-448-6640 INVESTMENT BANK OF THE YEAR 2016 - 2017 - 2018 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 the 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/or its affiliate network members are agents for the seller and not for the buyer. Genera onal Equity's fees are paid by the seller. REVENUE / EBITDA 2023 REVENUE INVESTMENT APPEAL • Strong Client Rela onships: The Company is proud of its strong es to clients and reputa on for quality work and client service. Evidence of these rela onships is shown in the 85% rate of repeat business. Their top five clients have been working with the Company since the beginning, da ng back to 2005. • Asset Lite Opera on: The Company operate with very li le investment in fixed assets. This provides the Company with much needed flexibility. This flexibility allows the Company to compete against much larger distributors by serving a niche customer market. • Rising Gross Profit Trend: Throughout the historical period, gross profit increased from 18.2% of sales in 2021 to 20.4% of sales by the end of 2023. The Company has been able to efficiently control its cost of sales a er high growth, demonstra ng its ability to maximize profitability poten al. Genera onal Equity 3400 North Central Expressway, Suite 100 Richardson, TX, 75080 T. 972-232-1121 F. 972-392-8564 $245K $283K $3.45M $4.00M 2024 REVENUE (PROJ) 2024 EBITDA (PROJ) 2023 EBITDA SIGN NDA ► BUSINESS INFO Founded in 2005 3 Full- me Employees 1,656 sq. . office 20,000 sq. . warehouse CUSTOMERS Customer A (2005) 44% Customer B (2005) 7% Customer C (2006) 6% ACCOUNTS Ac ve 25 Repeat Business 85% 2023 REVENUE MIX