Sun Acquisitions is pleased to announce the successful sale of Custom Cylinders, Inc. to Approvis Partners, LLC.
Custom Cylinders, Inc. has been designing and manufacturing quality cylinders and valves since 1983, and is headquartered in Cary, IL. These products are used for food packaging and processing, medical, printing, automotive, material handling systems and other applications.
Based in Des Plaines, IL, Approvis Partners, is focused on acquiring and growing high quality manufacturing platforms.
Through the confidential marketing of the business, Sun Acquisitions generated nearly 150 interested buyers, which led to multiple bids for Custom Cylinders, Inc. Sun also provided advisory services throughout the diligence period.
Larry Sanderman, Managing Director of Sun Acquisitions, was the lead advisor and managed all aspects of this client engagement along with Joe Beer, VP of Operations. After the sale of the business, Larry noted, “Custom Cylinders, Inc. is an outstanding business built around quality products and will have a strong future with Approvis Partners. It was a pleasure working with both Custom Cylinders, Inc. and Approvis Partners in completing this transaction.”
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 companies. Our professionals have significant deal experience and knowledge to thoroughly guide clients through each stage of the sale or acquisition process. Sun Acquisitions has successfully managed and handled over 400 transactions 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 [email protected] to schedule a free consultation with our team.