Manufacturing & Machining Services Company for sale

  • Listing id
    jbummb4n
  • Categories
  • Asking price

    Open to offers

  • Quantity

    Not applicable

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    Not applicable
  • Shipping & Handling

    Shipping to Canada only

  • Payment Terms

    Seller accepts Cash

  • Posted
    1 week ago
Member since July 19, 2018
Please only contact the seller if you are interested in buying or bartering for this item. Spam and fraud will not be tolerated.
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Western Canada
Manufacturing & Machining Services Company
Investment Level: Enterprise Value between 5 Million and 7 Million Canadian

Opportunity to acquire a long-standing oilfield tool & equipment manufacturing and refurbishing business with a strong hold on the western Canadian market.

BUSINESS HIGHLIGHTS
 Project Restore specializes in Manufacturing & Refurbishing oilfield tools and equipment from tubing drains and no turn tools, to blow out preventers (BOPs), casing bowls and tubing rotators.
 The Company was awarded the API Specification Q1 certification for Manufacturing Oilfield & Downhole Equipment and for providing Machining & Threading services for the Oil & Gas Industry, based on their quality management systems.
 Headquartered in Western Canada, with growth opportunities to capitalize on an extensive, serviceable customer base across the country.
 This business’s long standing history in the industry, patented products, and efficient processes produce an enhanced margin profile among its competitors and consistently strong revenues.
 $9.4M in Revenue and $1.5M in Adjusted EBITDA in FY 2022

BUSINESS SALE OVERVIEW
• Management is seeking a strategic or financial buyer to acquire 100% of the shares or assets of the business while continuing to drive revenue and EBITDA growth with the potential for geographical expansion within its long-standing customer base.
• Existing ownership is seeking a full transition of the business, over a period of 2-3 years, and a buyer that will complement the growth of the business. A synergistic buyer is a partner who will continue to drive revenue growth through prudent marketing,industry expansion, and geographic expansion.
• Current management and staff are well experienced in the Oil & Gas Services industry and are seeking to remain with the company beyond the acquisition.

Interested parties complete a Buyer’s Profile & NDA prior to financial and confidential information being released. Thank you.