This is an opportunity to acquire a leading automotive tooling supplier with in-house custom design and precision manufacturing capabilities. The company specializes in creating advanced and robust tooling for the latest advanced metals and complex shapes for global automotive manufacturers. The company’s proprietary network of overseas partners offers a competitive cost advantage that is combined with quick delivery times.
The company has a large state-of-the-art manufacturing facility located in close proximity to major automotive areas and within easy access to various transportation hubs. The facility is equipped with cutting-edge technology and manufacturing capabilities for high strength materials with short turnaround times. Its team of engineers is experienced in the design and simulation of complex shapes and parts for a variety of applications. The company has built a reputation for quality and consistency over decades of operation and has a roster of repeat Tier 1 automotive suppliers as clients. The company also has stamping capabilities.
Biggest competitive advantage of the business is its extremely experienced engineering staff and years of accumulated know-how in design, simulation, and production of various world class tooling for some of the biggest names in the automotive industry. The team has high level of expertise and capabilities in form development and simulation.
Share transaction to include a normal amount of Working Capital. Financial parameters provided represent weighted average of the last 3 years’ performance, and 2021 revenue is tracking at over 16M on an annualized basis, based on 8-months’ YTD data. Real Estate, owned by a related party, is also available for sale or long-term lease to the new purchaser.
Location: Southern Ontario
Normalized EBITDA: $860,000
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