Sun Acquisitions is pleased to announce the sale of a niche manufacturing business. This business has been in operation for 55 years within the Northwestern region of Chicago.
The business assembles equipment that heats materials as part of a manufacturing process. Most orders are made custom to the precise specifications of the customers, both international and domestic. The manufacturing process is light assembly of multiple sourced components and components modified by the company. Customers are both international and domestic and include universities, machine shops, defense contractor, wafer manufacturers, technology companies and many more.
There are many opportunities to grow this business through increasing direct outreach to potential customers and targeted marketing in trade journals. Sun Acquisitions generated over 205 inquires on the business, which led to over 50 qualified buyers and 7 final offers. The business was acquired by a strategic buyer.
Domenic Rinaldi was the lead advisor and managed all aspects of this client engagement. Domenic is the Managing Partner for Sun Acquisitions and a Certified Business Intermediary (CBI). He is a seasoned executive with over 30 years of proven M&A experience.
About Sun Acquisitions:
Sun Acquisitions is a Chicago based mergers and acquisitions firm. We work with clients that are interested in the confidential sale, acquisition or valuation of privately held middle market and main street companies. Our professionals have significant experience and knowledge to thoroughly guide clients through each stage of the sale or acquisition process. Sun Acquisitions has successfully managed and handled engagement across all industries and is recognized as a leading M&A advisory firm in the Midwest.
If you are interested in buying or selling a business, contact us at (773)-243-1603 or email [email protected].