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Corp with 10 year history wants to expand through aquisition

We are a 10 year old corp and we want to expand through aquisition of a larger company in a related field. Up to now we have been running the biz ourselves, no employees, closely held. Currently grossing 500K with 150K net. We have a large debt load but are current and secure. Our thoughts are to buy a larger going business with employees and more space, then merge the two. We would require financing to do this so I am wondering what the experts think would be best. We are in the CNC metal machining industry.

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Answers (4)
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Dear Customer,

Vincent Financial Services is a worldwide financial institution with over 20
years of experience. Our loan ranges from $10, 000.00 to $25, 000,000.00 for personal loan, Vincent Financial Services is a full service commercial financial institution. We write to clarify and explain our mode of services that we render to our customers on loan application issues.

Firstly, our ultimate aim is to ensure that our applicant's loan application
is approved, you are required to Email Your ID copy and 3 Months Bank Statement/ Payslip/Proof of Address and for Business Loan the Company CC should be sent in place of Pay slip to enable us verify if you qualify for our loan offer. Secondly, when it has been fully confirm that your applications is approved after the verification exercise from our payment verification department, your applications file will be forwarded to the paying Bank office to effect payment of your approved loan.

Vincent Lance Jessy (Dr)
Loan Controller Service Director

Oct 22, 2016
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Cowboy Business Group
Business Broker
Utah County, UT

Robert...I know of a company in Utah, #2 best state to do business, that is a mfg. of various custom made parts for various industries. Their shop requires skilled craftsman, but they lost a big customer to China last year and they dropped about 500k in revenue, way below their mfg. capacity. So now, the owner wants to sell the assets, but they are realizing about 7-800K in revenue. They are about 30 min. out of SLC, a major airport and export location. Let me know if this interests you. I am also working with a very, very profitable mfg. of medical equipment but the firm will sell for around 2.5MM. I can be reached at 801-471-3023.

Sep 16, 2009
Satish Patel
Sunbelt Business Advisors
Middlesex County, MA
Premium Broker

It’s a good idea for your business to grow through acquisition and probably timely. The CNC metal machining industry is a good industry for small to med sized merger because of operational efficiencies. My recommendation is to get pre-approved for financing by a qualified lender/banker and also perform a preliminary target search in order to have a good buyer criteria sheet. It’s a competitive buy sell market for your industry where you will come across multiple larger players and you want to make sure you are ready when the right target comes along.

If you need help with financing or your target criteria sheet please call my office at 617-945-5338 or email me to set up a confidential appointment.

Mariola Andoni
Senior Business Broker

Sep 1, 2009
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The BAF Group LLC

Robert, there are a lot of opportunities in that area. We do a fair amount of Buyer representation for this very reason, on a national basis. I would ask that you call me tomorrow - Don Barrick, at (410) 715-0700 - and let's talk about your specific needs.

Thank you.

Aug 25, 2009

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