CVG works with a limited number of clients in order to provide a high degree of service combined with maximum confidentiality. Our list of clients seeking to be acquired is constantly changing and, for confidentiality reasons, not always immediately listed here. We encourage you to visit with us often, either through our website, e-mail or by phone.
Current Business Offerings
~$35m Supplier of Building Materials Products – New England
During the five-year period ended December 31, 2022, the business realized steady growth in sales, as measured by bookings, backlog, and revenue, as well as operating profit and adjusted EBITDA. The company closed fiscal year 2022 with total revenue of $35M and adjusted EBITDA of $3.5M. This compares to total revenue of $32.4M in 2021 and $23.4M in 2018, and adjusted EBITDA of $2.8M in 2021 and $1.3M in 2018. Strong management team. Marketing underway
Moving and Storage company – Northeast
Well located, consistently profitable moving and storage business, providing residential and commercial, local, long-distance, international, relocation and storage services. Revenue equaled $5.0m in 2021, up from an average of $4.0M the prior 4 years, with 2021 Sellers’ Discretionary Earnings (EBITDA plus total owner’s compensation) in excess of $1.0M, a material increase over the prior year. 2022 final results available shortly, but expected to be close to 2021. An agent for one of North America’s largest van lines companies, the retiring owner will assist in the transition of the business and will enter into a long-term lease with the new owner (property owned by a related party). Business price – $3.25m. Marketing underway
Designer, Engineer, Supplier of Complex Glazing Systems
Circa $5-6M- revenue company designs, engineers and supplies complex custom glazing systems for projects throughout the U.S. 2022 is likely to be a record earnings year and the company’s backlog is at its highest level ever. The acquirer is expected to a strategic buyer that through the integration of the company’s reputation, skills and contacts with their own operations will be able to significantly expand its revenues and profitability. Marketing underway
High-performing Specialty Market
Located in an attractive coastal New England second home market, the business has experienced significant growth in revenue and profitability. Revenue increased from $2.7m in 2019, to $3.3m, $4.0m and $4.0m in 2020, 2021 and 2022, respectively; with Sellers’ Discretionary Earnings (EBITDA plus total owner’s compensation) totaling in excess of $600K the past two years (2022 final results expected shortly). Emphasis on serving the second home, tourist and local markets, with a strong reputation regarding its take-out prepared foods, butcher shop and local products. Price of $2.5M includes real estate. Marketing underway
Specialty Products Distributor/Significant On-line Presence – New England
Consistent, steady growth in revenue and profitability, with revenue steadily increasing from $5.7M in 2017 to $13.6M for year-end 2021 and 2022 revenue projected at $16.2M. Normalized EBITDA has increased from $500.5M in 2020, to $833.4M in 2021 and is expected to be approximately $1.35M at year-end 2022. Marketing to commence late January 2023.
Specialty Products Distributor
Well regarded distributor of specialty materials, located in a coastal community north of Boston. Average revenue over the past five years approaches $6.0M and average Sellers’ Discretionary Earnings (EBITDA plus total owner’s compensation) in excess of $600K. The business has been a long-term distributor of a well-known product brand but carries other lines as well. Marketing expected to commence late January 2023.
Pending Business Offerings
Industrial Products Distributor – New England
Well established stocking distributor supplying products to industrial and commercial markets. Strong customer base, with no excessive concentrations. Revenue has equaled $6.7M, $7.9M and $8.9M in 2020, 2021 and 2022. Adjusted EBITDA of $810K, $1.29M and $1.35M for this same period. Expected to be available Feb 2023.
Precision Machine Company – New England
Smaller precision machine shop, with revenue in the ~$6M area. However, consistently very profitable, with EBITDAwell in excess of $1.0M. Early underwriting underway. Expected to be available in early 2023.
CVG is in active discussions with a number of other promising manufacturing, distribution and other businesses in New England and the above can quickly change, so if you are interested in working with us, best to keep in touch.
Call (207) 699-3316 to learn more. Visit our Contact page for email and direct line information.
P.O. Box 7102, 63 Federal Street, Portland, Maine 04112-7102