Cargo Lift Manufacturer

searcher profile

June 21, 2022

by a searcher from Texas A&M University in Dallas, TX, USA

Transitus Capital is pleased to offer the opportunity to acquire a founder owned, and operated designer, manufacturer, and installer of vertical cargo lifts used in residential and commercial applications, along with a line of marine lift controls. Based in Central Texas, the Company has established itself as one of the premier manufacturers of vertical cargo lifts in the southern United States. The Company manufacturers all its lifts at its production facility and provides both in-house and third-party installation to customers across the United States. The Company offers four models of cargo lifts, a platform lift, boat lift controls, and a wide variety of different accessories that allow customers to customize their lifts to their liking. The Company sells its products through a network of dealers across the southern United States as well as direct-to-consumer. The owners of the Company are seeking a majority sale of the Company. The owners are seeking a transaction as a means to realize liquidity. The owners are seeking a people-first, results-driven acquirer that can leverage the platform that has been built at The Company and drive growth beyond what current ownership has the capacity and experience to execute upon.
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commentor profile
Reply by a professional
from Embry in Orlando, FL, USA
Is a Managed Service Provider (MSP) at true MSP or are they really a Value Added Reseller (VAR) There is a lot of Mergers and Acquisition (M&A) activity out there for MSP's, and we are frequently contacted to evaluate the MSP for rollup or acquisition. People find us by using our FREE MSP Business Evaluator, or past and current work we are participating in. What lead me to write this is that I had an organization introduced to me as an MSP for acquisition. This organization is generating $2.3M in total revenue, and $407K EBITDA Its revenue is from the following 35% Installation Repair 32% Computer Equipment Sales 25% Application Hosting 7% of revenue selling maintenance With over 60% of its revenue coming from equipment sales and installation, this organization is a VAR and NOT an MSP. If revenues were reversed, with 60% generated by selling maintenance, they would be an MSP! As a VAR they are only worth no more than $1M and as growing MSP they could be worth as much as 3 times revenue $4M-$7M ***dependent. on MANY other factors. Organizations for sale should be represented as what they truly are and some over-emphasize of their investment appeal is expected. Feel free to share - repost - comment. - or - Ask me for a Free MSP Business Evaluator
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