Contract electronics manufacturer (90% of revenue) with metal machining operation (10%) specializing in box build assembly (60% of revenue), printed circuit boards (35%) and wire cable / harnesses (5%) for the telecommunications (50% of revenue), medical (20%), computer/data transfer (10%), industrial (10%) and military/optical (10%) markets. Company has a strong customer base of 45 active accounts with the two largest customers having a history of more than 25 years with the business.
Company operates out three facilities of approximately 32,000 square feet running at 50%-65% capacity. Manufacturing process follows a heavy emphasis on quality with over 90% of business from repeat customers. Capabilities include chassis integration, wire & cable harness builds, panel assembly, printed circuit board assembly including thru-hole, SMT & BGA mount packaging, box build configuration and sheet metal fabrication & machining for precision parts including use in electronic assemblies. Products sold to the medical industry include components for CT scanners and imaging devices. Company operates one half shift, five and a half days a week with room for expansion. ISO 9001:2000 certified.
Company is privately held with no previous institutional investors. The owners are seeking a partner with operational synergies to help continue the company's strong growth going forward and are available to stay on post-sale for 24-36 months. The management team has significant industry experience with highly developed customer relationships. Real estate valued at $1.7M is owned in a separate trust and the owners are flexible on including the real estate in a sale. This opportunity is best suited towards a strategic acquirer or financial buyer with an existing EMS portfolio company, wishing to acquire a profitable and consistently growing contract electronics manufacturing business for sale with a valuable customer base and strong financial profile.