Sun Acquisitions announces the sale of a knife and blade fabricator

 
 
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* Knives

Industry:
* Manufacturing

Location:
* Chicago - Illinois - US

CHICAGO - April 24, 2019 - PRLog -- Sun Acquisitions is pleased to announce the sale of a knife and blade fabricator in Southern Illinois.

The company uses CNC Flat Grinder machines to produce high quality and high tolerance blades and knives. The company's client-oriented approach has allowed them to build a large base of repeat customers. The CNC Flat Grinder technology has produced short lead times clients while generating consistently high profit margins. They serve individual clients as well as distributers and have earned a strong reputation within the industry for their outstanding customer service and high-quality products.

The company has tremendous opportunities for growth by expanding into other product lines, reaching a broader range of clients around the Midwest, and potentially adding other manufacturing processes to their repertoire. The business has the foundation to execute on all of the above growth strategies.

After the sale of his business, the owner stated, "The biggest factor that made a difference in me selling this business at a decent price was the way Sun Acquisitions advertised my business. They reached a much bigger market than I would have been able to on my own." Sun Acquisitions generated over 36 inquires on the business, which led to 12 qualified buyers and 4 final offers. Joe Beer, Vice President of Operations at Sun Acquisitions, noted, "This was a fairly smooth transaction as both parties worked very well together to get through the diligence process and prepare for a proper transition".

Toby Davis was the lead advisor and managed all aspects of this client engagement. Toby has over 35 years of experience in originating, structuring and negotiating business purchase and sale transactions.

About Sun Acquisitions:
Sun Acquisitions is a Chicago based mergers and acquisitions firm. We work with clients that are interested in the confidential sale, acquisition or valuation of privately held middle market and main street companies. Our professionals have significant experience and knowledge to thoroughly guide clients through each stage of the sale or acquisition process. Sun Acquisitions has successfully managed and handled engagement across all industries and is recognized as a leading M&A advisory firm in the Midwest.

If you are interested in buying or selling a business, contact us at (773)-243-1603 or email marketing@sunacquisitions.com.

Visit Us: http://www.sunacquisitions.com
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Phone:7732431603
Tags:Knives
Industry:Manufacturing
Location:Chicago - Illinois - United States
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