S-2937-17 THE Metal Manufacturing & Welding (US)

The Company, is a highly profitable, fast growing custom metal tank manufacturer for the oil and gas industry. The company shares its assets and space with its sister company, which is a leading custom metal manufacturing service, fabricator, and welding company for industrial customers. Both companies are offered as an acquisition package together. The Company’s primary product and service lines consist of metal tanks for chemical, water, fuel, and crude oil containment purposes. These individual products include 1 to 1200bbl production / water tanks, frac tanks, ASME certified tanks, stairways, landings, ladders, catwalks, and other metal products. The Company operates out of a prime manufacturing facility, totaling nearly 5,000 square feet with industrial acreage and lot space. The company leases the facility from the ownership. The company is experiencing steady growth over the past five years, with 2020 on track to be the biggest year yet

Operational Strengths:

The Company has a proven track record of maintaining a strong presence in the industry and regional marketplace it is located in. The Company also has a positive track record for providing strong ownership profitability. The company’s locations, infrastructure, reputation, process, and community relationships represent significant growth opportunities for strategic buyers

The Transaction:

The owners are seeking to sell the company due to the desire for other opportunities and retirement. However, the owners are willing to facilitate a smooth transition by remaining for on board with new ownership in consultative and assistive managerial roles

 

Financial Summary (000s)
	2020 Est by Seller	2019	2018
Revenue	7.0M	6.5M	5.6M
Adjusted EBITDA	1.6M	1.5M	1.2M

Other Highlights
Location	Financials	Management Team in Place	Years in Business	SIC Classification
Southwest	reviewed	yes	25	5812, 3324

   

Direct All Inquiries to:

Gottesman Company

Refer to:  S-2937-17 THE

Tel: 718-618-5346      UK Office: +44 0) 7906786505

                                        E-mail: dmj@gottesman-company.com