Acquisition Opportunities

 

Current Business Offerings from CVG, Business Acquisition

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

Multiple Location Distributor – New England

Well-established distributor, $12 million in revenue.  Consistently quite profitable and considered to have strong potential for growth.  This could be a good fit for the right be a strategic buyer and also represents an excellent opportunity for an owner-operator or search fund buyer.  Under letter of intent.

Consumer Products Company – Northeast

Fledgling company has developed several SKUs within a consumer products category that has received strong test-market acceptance and is available to be acquired by a significant industry participant.  The market size for this product category is huge and out client’s products are considered to have clear differentiating characteristics and advantages versus the market leaders.  Company has very significant IP protection for its designs and there is also strong potential using this IP for the development of a commercial product line.

Soil Testing Laboratory with Proprietary Test Products – New England

Longtime industry leader in the areas of soil quality and soil testing, particularly with regard to organic farming, this company has three different revenue lines, including the design, manufacture and sale of proprietary test products.  Revenue and adjusted EBITDA of approximately $1.5 million and $500K, respectively, the past two years and 2020 is well ahead of 2019.  Considered to have significant growth potential.  Marketing expected to commence June 2020.

Manufacturer of Proprietary Precision Systems – New England

Design, engineering and manufacturing firm, with precision proprietary products utilized by some of the largest industrial companies in the world.  Revenue (circa $1.5 million) and financial performance are dwarfed by the company’s overall potential.  One product line is experiencing a large increase in sales to a Fortune 100 company, and the potential in two other product areas remains significant.  Valuable intellectual property.  Marketing underway.

Designer/Manufacturer of Specialty Products – New England

Industry leader with well-known clientele.  Business ran into some headwinds over a two year period,  with revenue dropping from a consistent $6-7 million, and EBITDA in the area of $700K plus, to circa $4.5 million in revenue and lesser earnings.  Under letter of intent.  

New England – Precision Manufacturer

Specialty precision machining company with a specific, profitable focus. Current ownership has done a great job of refocusing the business over a relatively short period of time and sales grew 33% to $2.0 million in 2019, and are expected to reach $2.6 million, with EBITDA of $800K, in 2020.   Marketing underway.

General Contractor – Northeast

General contractor with a specialty, profitable, focus.  Revenue, which averaged $19 million for the three years ending in 2018, with unadjusted pre-tax profits averaging $1.8 million, can be quite variable as our client manages a relatively small number of large jobs, though is consistently profitable on a percentage of sales basis.  Revenue was lower in 2019, as was projected, at $10.6 million, with pre-tax profits of $1.02 million, and 2020 is expected to be approximately the same, with revenue then growing significantly in 2021 to approximately $15 million (pre-tax profit in the area of $1.5 million) as a result of several large pending contracts.  Marketing expected to get underway in June 2010, with the price to be determined.

Pending Business Offerings

Other Opportunities

While CVG is always in discussion with potential clients concerning their readiness and desire to be brought to market, and the strength of their potential fit with CVG, recent activity in this regard – the last six months in particular – has been exceptionally strong in this regard, so additional new client engagements are expected in the relatively near term.

Call CVG at (207) 699-3314 to learn more. Visit our Contact page for email and direct line information.