Sun Acquisitions has been engaged to sell a leading industrial equipment distributor, located in the Midwest.
This exceptional company distributes various major brands of industrial, construction, and heavy equipment throughout the Midwest to a wide range of loyal customers. In addition to their distribution services, they provide equipment rentals and maintain an extensive inventory of parts and equipment, which will be included in the purchase price. Since inception, they have implemented top-notch customer service, which has resulted in a strong reputation in their industry. They are well-represented by an experienced management team, sales team and a dedicated staff which has resulted in outstanding client support and long-standing relationships.
This company presents many opportunities for growth within their industry.The expansion to full utilization of facilities by increasing services and inventory would greatly support the growth of the company. Additionally, there is an opportunity to expand the equipment lines to newer brands and other industries to meet more needs of current customers.
Tony Schiappa, Senior Advisor at Sun Acquisitions, will be managing this engagement and will oversee the firms marketing efforts. “I’m so pleased that this client has entrusted the sale of their company to our team. They have a great company which should attract a lot of buyer activity”, stated Domenic Rinaldi, Managing Partner of Sun Acquisitions. Engaging an intermediary in the sale of a business assures business owners that they will get the best pricing and terms and that the terms will remain confidential. Most importantly, this will give the business owner the freedom to concentrate on his business.