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

New Assignment – Successful Retailer – New England

Long-standing, well known, retail business with specialty focus that has consistently produced $3 million in revenue and adjusted EBITDA of $600K+/-.  2020 was a record year, with sales increasing over 40% and EBITDA well in excess of $1.0 million.  Significant real estate to be included.  Price to be determined.  Marketing commencing mid-April.  

Specialty Contractor – Northeast

Specialty contractor with long-term outstanding reputation for performance and customer satisfaction.  Revenue has trended between $17-19 million in recent years though 2020 and 2021 will be approximately 50% higher, circa $30 million, with revenue and profitability far exceeding prior company highs.  Consistently profitable with a strong management team, ownership has reached retirement age.   Not currently available – under letter of intent.  

Agricultural Testing Lab with Proprietary Diagnostic Products – Northeast

Longtime industry leader in supporting the farming industry’s ability to measure and improve soil quality, particularly related to organic farming.  Three revenue lines: soil product test kits, soil and compost lab testing and R&D.  Revenue and adjusted EBITDA of approximately $1.5 million and $500K, respectively, in years 2018 and 2019.  2020 showed significant growth in revenue and profitability and considered to have further significant growth potential.  Sale closed March 2021.

Energy Industry Products Company – Northeast

Well-established, circa $20 million revenue, consistently profitable with adjusted EBITDA of $1.5 million +/-.  Not current available – 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.  Though 2020 was expected to be another year of significant growth, performance impacted by Covid, but still matched 2019, now with consecutive years of $500K+/- EBITDA.  Company has strong backlog and 2021 expected to show further strong growth.  Sale closed Feb 2021.  

Pending Business Offerings

Packaging Industry Equipment Manufacturers – Northeast

Currently in discussions with two different manufacturers of proprietary packaging equipment.  One or both are expected to become available soon.  Details to follow.  Marketing could begin as early as mid-May.  

CVG is in discussion with several other promising prospective business clients.  It is expected that 2-3 will come on board by the end of May – stay tuned…….

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