We are working with a group who is looking to increase their footprint by acquiring a precision machine shop in their backyard. This company has strong operations set up in Broken Arrow, and they are well known in the aerospace and firearms industry. They are now looking to expand into contract services and other product categories, and because their facility is at maximum capacity, they are seeking acquisition partners that would support their internal needs, as well as offer this expansion opportunity.
As far as ideal groups go, they are seeking companies who have EBIDTA between .5M – 5M, but they are open to outliers if their capabilities take them to places they really want to go. When it comes to equipment and machine capability; the key is they are looking for groups with strength in CNC and precision metal machining. Entities who have advanced manufacturing capabilities and multi-axis machines are of specific interest, especially those who are set up to support the aerospace industry. They also have a company focus of evolving to industry 4.0 so, the incorporation of cobots and high-tech manufacturing practices are of special interest.
