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
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, the past two years and 2020 is well ahead of 2019. Considered to have significant growth potential. Marketing underway.
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. 2020 performance impacted by Covid, but business has rebounded and 2020 is likely to be on par with 2019. 50% growth forecast for 2021, largely based on in-hand purchase orders. Marketing now 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 anticipated, at $10.6 million, with pre-tax profits of $1.0 million, and 2020 is expected to be approximately the same, with revenue then growing substantially in 2021 to $15 million+ (pre-tax profit in the area of $1.5 million) as a result of large pending contracts. Marketing underway, with the price to be determined.
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, with revenue and profitability far exceeding prior company highs. Consistently profitable with a strong management team, ownership has reached retirement age. Marketing expected to commence shortly.
Energy Industry Products Company – Northeast
Well-established, consistently profitable. Marketing expected to commence shortly.
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. Sale closed July 1 2020.
Pending Business Offerings
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.
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