Project Forge – Steel Service Center Opportunity

The Shareholders of Project Forge (“Forge” or the “Company”) are seeking to sell the business to its next majority owner that has the resources and capabilities to build upon the Company’s standing as an industry leader.

Forge is a closely-held steel service center located in the northeast that distributes structural steel along with high margin fabrication and shop services.

The Company has experienced strong revenue growth and profitability thanks to its responsive business model focused on providing solutions as well as prompt, next day product to its customers.

The Company enjoys:
– Experienced management leadership
– Stable, long-term customers
– Strong financial profile (Revenue of approx. $30MM, EBITDA margin of 16.4%, no debt)
– Skilled, non-unionized labor force
– Robust, up-to-date equipment and machinery with minimal capex needs

Forge represents an opportunity to acquire an established growing business with a long-term track record and strong reputation. The Company’s CEO anticipates providing an ample transition period to a new owner.

Telemedicine Software + Managed Services

Company was founded on the belief that health care should be affordable and accessible to everyone. To achieve this mission, this company’s team has built a suite of integrated tools, including its IP-protected flagship product, a symptom-based enhanced virtual care platform available to patients 24/7 on demand nationwide. Their machine vision is poised to transform diagnostics by bringing them directly into the home – enabling an omni-channel patient experience virtual, on site, or in-home care – wherever it’s most convenient for them.

Metal Related Contract Manufacturer

The Company is a contract manufacturer and highly automated sheet metal fabrication and precision machining company including mechanical assembly, electro-mechanical assembly and wet and dry painting. The Company offers offering full turnkey services and contract part production.

The Company offers State-of-the-art, robotic equipment, mechanical design capabilities, expert CAD-based engineering design services and Computer Numerical Control (CNC) production provides for cost effective, high-quality and full turnkey product development from design through all phases of manufacturing to final shipment.

Project Rock

We are exclusively engaged by our Client (“The Company”) to search for acquisitions in the US and Canada with revenue sizes $10-$30M having any or all of these services/capabilities:

Infrastructure-as-a-Service (IaaS)
Cloud Modernization, Engineering, Migration
Cloud Security
NOC
DevOps
FinOps
MSP or System Integrator

Our Client is a Global Cloud Services, Value added Reseller, and Consulting business that empowers its clients through digital transformation. They are a Multi-Cloud capable service provider with deep cloud architecture, DevOps, as well as Back-end to Front-end skilled professional services. They are backed by a well-known technology centric private equity firm.

Seeking Special Situation

Greetings,
We are working with a European PE fund seeking “special” situations, profitable businesses:
– Family-owned with no successors
– Carve-out
– Other
Ebitda >$5M all the way to $20M
Can be any sector, not just manufacturing.

Hydraulic Cylinder Manufacturer

Greetings,
We are working on a buy-side mandate for a European Hydraulic Cylinder Manufacturer seeking to increase its US footprint by finding a like-minded company. Seeking profitable vendors with their own brands and sales ranging between $5M and 10M, focused on the industrial or infrastructure markets. Mobile (e.g. Caterpillar) segment excluded.

Low Pressure Liquid Chromatography Equipment

Greetings,
We are working on a buy-side mandate for a European Low Pressure Liquid Chromatography Equipment Provider seeking to increase its US footprint by finding a like-minded company. Seeking vendors with sales ranging between $1M and 15M. Tangential Flow Filtration also of interest. Ideally vendors should have exposure to the Biopharma space.

Project Support

The Company is a fast-growing supplier of wooden pallets selling through
multiple channels to a wide range of end-user markets. The Company
manufactures pallets and buys and resells pallets manufactured by other
companies depending on geography and pricing.
Customers include end-users and resellers/distributors. In 2021, the
Company supplied pallets to more than 125 customers. Applications
included packaging, food and beverage, agriculture, construction, and
building materials. Products primarily include wooden pallets

Family Office Buyside Opportunity

East Coast Family Office seeks to acquire platform acquisition that can be grown over time.

Desired industries include industrial equipment, engineered components, branded consumer durables, material handling and automation, and packaging equipment and machinery.

Preferred end markets are medical, food & beverage, water/wastewater, utilities, telecom and energy (green).

Summary: $400M Available Equity Capital. $75M-$200M Target Enterprise Value, >30% Target Gross Margin. $8M-$25M Targeted Annual EBITDA.

Please call me at 617-504-7762 or email me at eric@onmarkcapital.com and I am more than happy to share more details about my family office client.