Tuesday, 27 March 2018

S-1859-RLF ARTIFICIAL TURF / SPORTS SURFACING (East Coast US)



Business Description:
This privately held business has been in operation for over two decades, evolving from a small synthetic turf provider into a premier Eastern U.S. contractor providing all sports surfacing solutions, indoor facility fit-outs, and earthwork construction.  Their resume includes local, national, and professional venues.  Their customer service approach has cultivated an award-winning list of clients.  Services include design, repair & maintenance, line and logo painting, consulting, and construction management.

Distribution:
The Company has one large centralized office, warehouse, and showroom.  They are looking to further expand operations in the East, Mid Atlantic, and other key geographic locations across the U.S.

Operational Strengths:
The company is on the cutting edge of technology and innovation, and is the exclusive vendor for the industry’s leading manufacturer of grass fiber.  The company uses certified in-house installers, not subcontractors, thus enabling them to “self perform” all athletic field replacements and installations.  Close trusted relationships with athletic directors, elite clubs, and municipal communities help set them apart.  The Company’s solid reputation, position in the market, and history of strong sales and profitability contribute to high customer retention.  The company recently added its own manufacturing component, and is also launching an e-commerce division.

The Transaction:
The owner is flexible on the structure of the offer, and would prefer to remain with the company in a leadership role to help take it to the next level.

Financial Summary (000’s)

2018 Est by Seller
2017
2016
Revenue
10 M
7.3 M
5.3 M
Adjusted EBITDA
2.6 M
1.7 M
1.4 M

Other Highlights
Location
Financials
Management Team in Place
Years in Business
SIC Classification
East Coast
Reviewed
Yes
20+
1799

  
Direct All Inquiries to:

Gottesman Company
Refer to: S-1859-RLF
Tel: 212-330-8010     Fax: 646-434-4557
                                       E-mail: office@gottesman-company.com

Wednesday, 21 March 2018

S-2918-6 MLJ SPECIALIST POWER SUPPLY BUSINESS COMPANY (SE UK)



Business Description: a well-established specialist engineering business, whose core activity is the design, manufacture and supply of AC–DC and DC–DC power products, both proprietary and third – party. Additionally, the business provides value – added and complete custom power products and solutions, encompassing thermal, mechanical and EMC/EMI requirements.

Distribution:  The business operates both in the UK and exports both directly and through various external sales channels. Key markets include Aerospace & Defence; Oil & Gas; High – end Industrial and Automotive. The business is based in the South of England and is well located with good travel links and in well suited premises.

Operational Strengths: The business has a high-quality client base with significant repeat business and high margins due to the material added value and custom work. There are definite known growth opportunities, especially with the benefit of additional sales & marketing, and engineering resource, and which so far have not been maximized.

The Transaction: The main shareholders now wish to exit and realize their investment and are willing to consider a full sale of the business. The MD is willing to remain for a suitable handover period, and the operational management and support team are expected to remain with the business post sale.

Financial Summary $ (vs. £ @ 1.40)

2018 Est by Seller
2017
2016
Revenue
2.11 M
2.14 M
2.35 M
Gross Profit
893 K
$1.02 M
962 K

Other Highlights
Location
Financials
Management Team in Place
Years in Business
SIC Classification
SE UK
Reviewed
Yes
26
3612, 3629


 Direct All Inquiries to:

                                                       Gottesman Company
Refer to:  S-2918-6 MLJ
Tel: 212-330-8010     Fax: 646-434-4557
                                       E-mail: office@gottesman-company.com

S-2918-5 MLJ STEEL FABRICATION AND INSTALLATION BUSINESS (SE UK)



Business Description:
The retirement sale of a well-established, successful and highly profitable Steel Fabrication Business based in the South East of England. The business fabricates steelwork and installs same for a range of clients including main contractors, developers and providers of digital signage. The business has an excellent reputation and seen as a go-to company for challenging steel construction projects.

Distribution:
Located in well-equipped premises and within easy reach of the M25 and London and with substantial investment in plant and vehicles.

Operational Strengths:
The company has ISO 9001:2008 and is CE Marked. They have in place a "Certificate of Conformity of Factory Production Control System" as required by law and all work takes place to Execution Class 2. Projects can be up to 200 tonnes in size. The business could be easily absorbed into an existing operation. There is a strong management team and the staff are loyal, well trained and extremely knowledgeable. The business has been increasingly profitable, there is a strong pipeline of work and there are substantial known opportunities for further growth.

The transaction:
The shareholders wish to retire and are willing to consider offers for the sale of their shareholding. The outgoing shareholders are prepared to continue for an agreed period following the sale.
Financial Summary $ (vs. £ @ 1.40)

2018 Est by Seller
2017
2016
Revenue
4.19 M
3.5 M
         3.8 M
Adj, EBITDA
               999 K
808 K
760 K

Other Highlights
Location
Financials
Management Team in Place
Years in Business
SIC Classification
SE UK
Reviewed
Yes
20
1791  3325

  
Direct All Inquiries to:

                                                       Gottesman Company
Refer to:  S-2918-5 MLJ
Tel: 212-330-8010     Fax: 646-434-4557
                                       E-mail: office@gottesman-company.com

Friday, 16 March 2018

S-2605-6 RFM LONG ESTABLISHED JANITORIAL COMPANY WITH STABLE PROFITABILITY (US)



Business Description:
41 year-old janitorial services company with operations across four states in the Northeast. Customer base is specialized in grocery stores, convenience stores, food production facilities and fitness centers Services include cleaning, floor refinishing, porter services and specialized food department and storage freezer services. Services are performed with a combination of self-perform (20%) and subcontractor labor (80%) with employees servicing accounts in the local corporate area and subcontractors performing services in remote areas as well as all floor refinishing work. The subcontractor status has been vetted by both the DOL and the IRS with no issues.

Operational Strengths:
-Growing revenue and profitability
-Long-term and financially stable client base
-Scalable business model supports geographic expansion
-Experienced management team
-Proven processes facilitate bidding on quality service and not price alone

The Transaction:
After 40 years with the Company the Owners are planning for retirement but are willing to stay on as long as necessary following a transaction. No adjustment for their salaries has been included in the Adjusted EBITDA but would need to be if the Buyer does not wish for them to remain for an extended period.

Financial Summary

2017 Forecast
2016
2015
Revenue
10.98 M
10.68 M
10.80 M
Adjusted EBITDA
1.69 M
1.68 M
1.67 M

Other Highlights
Location
Financials
Management Team in Place
Years in Business
SIC Classification
Northeast
Compiled
Yes
40+
7349

  

Direct All Inquiries to:

                                                        Gottesman Company        
Refer to:  S-2605-6 RFM
Tel: 212-330-8010     Fax: 646-434-4557
                                      E-mail: office@gottesman-company.com

Thursday, 15 March 2018

S-1627-3 LB JPN Regional Distributor of Beverage and Related Retail Products (US)



Business Description:
Regional powerhouse distribution company has a 40+ year track record of profitability and a 33,000 sq. ft. warehouse. The company's business model of buying truckload quantities of refrigerated and ambient products and reselling to its customers in the NY, NJ, and across New England at less-than-truckload (LTL) amounts creates a win-win situation for all along the supply chain. The firm boasts outstanding relationships with major brands and its well-established distribution network makes it the premiere choice for emerging brands seeking expansive and immediate market penetration. The company employs a multi-tiered distribution network featuring independent operators, route owners and its own fleet of trailers to service customers of all sizes, including larger drug store chains, dairies, food service operators, coffee service operators, wholesale beverage dealers, candy and tobacco distributors, delis, grocery stores, gas stations, and other businesses. 
Operational Strengths:
Ownership and management's responsiveness to its customers and manufacturers ensures the company's continued growth and profitability.  Its well-established record of success in promoting new and existing products has earned the company "favored supplier" treatment and guarantees a steady stream of future contracts. Nearly 100% of its business is recurring with a group of loyal customers. A dedicated and tenured staff together with fully integrated custom platform solution provides easy transition for a new owner. A well-organized 33,000+sf warehouse/office space and a large fleet of trailers complete the industry-leading turnkey operation.

The Transaction:
Retiring after 40 years, the owner is selling 100% of the business, will stay on for a 90-day transition period and thereafter, is available on a paid consulting basis to be negotiated. Key managers are willing to remain to grow the business. All company real estate is included in the transaction.

Financial Summary

2018 [proj. by Seller]
2017
2016
Revenue
37.5 M
35 M
33 M
EBITDA
1.8 M
1.5 M
1.6 M

Other Highlights
Location
Financials
Management Team in Place
Years in Business
SIC Classification
Northeast
Compiled by Company
Yes
40
5141, 5149


 Direct All Inquiries to:

Gottesman Company
Refer to:  S-1627-3 LB JPN
Tel: 212-330-8010     Fax: 646-434-4557
                                       E-mail: office@gottesman-company.com