This company is a contract precision sheet metal, welding, and machining shop-all under one roof. The company also offers mechanical design engineering services and mechanical assembly for select customers.
The company’s customer base includes clients from a wide variety of industries, including those from the test equipment and semiconductor manufacturers, energy and environmental sectors, and network equipment manufacturers. The company has been in business for 26+ years and is in the heart of Silicon Valley with a loyal customer base.
This company was acquired by a Chicago-based family office that has a track record of acquiring highly successful manufacturing companies. The deal structure constituted 90% cash and 10% earn out. This company was brought to market in June,2023 and was sold within 6 months after listing.