Operation Re-Print
October 29, 2024
by a searcher from Mount Union College in Nashville, TN, USA
Market
• Leading Supplier of used machines to the $1.8B Package printing/labeling Market
• Provides replacement machines at a fraction of the cost & an order of magnitude faster than buying a new machine.
• Unique competitive edge:
• The only full service dealer in the US
• Fulfills orders for brokers
• Fulfills used machine orders for manufacturers
• Sole importer for GW Die Cutter (new product line)
• Largest databases of world-wide buyers accumulated and curated over 35 years
• Negative cash conversion cycle
• Averages 30 sales per year with the top customer contributing to multiple sales and 10% revenue
• Lean, asset light, six (6) person team
Financials
• $20M 3Y average annual revenue
• $12M sales backlog
• 15% Net Margins
Terms
• 3.5x on TTM EBITDA
• $2M Seller note(6% PIK) w/ 5 yr balloon
• $1M seller equity rollover
from Rhodes College in Austin, TX, USA
in Chicago, IL, USA