Military
Textile Manufacturer
Seeks
Strategic Buyer
Acquisition
Opportunity East Coast Location
This 90 year old company manufactures military and
military aircraft textile products that must be made in the U.S.A. for
the DOD and defense OEMs. Product
categories are:
Aircraft Products & Custom Interiors – Interior Soft Padding, Seats, Engine Safety Covers
· Tactical Systems – Bag
Packs, Helmets, Ammo Pouches, Body Armor, Cases
· Custom OEM &
Military Sewn Products – Tarp Shelters, Acoustical Thermal Blankets
· Commercial &
Industrial Products – Soft & Hard Cases/Bags, Athletic Bags, Tarps, Promo
Items
They have 128 experienced non-union employees
who are experts with high performance materials and fabrics. The company has a proven record with the U.S.
Department of Defense and the defense
industry. Their “Lean” program of
continuous improvement changed the company culture and resulted in dramatic
increases productivity, margins and profits. They are Boeing Gold & Silver
designated suppliers. The owner will stay on and has a growth and acquisition
plan.
STRATEGIC BUYERS ONLY
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Financial Summary |
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|
|
2020 Est by Seller |
2019 |
2018 |
|
Revenue |
$11.8 M |
$ 11.5M |
$ 11.5M |
|
Adjusted EBITDA |
$1.8-2.0 M |
$ 1.8M |
$ 2.0M |
|
Other
Highlights |
||||
|
Management
Team in Place |
Years
in Business |
SIC |
|
|
|
Compiled |
Yes
|
90 |
2385,2393,2395 |
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E-mail: dmj@gottesman-company.com
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