Defense & Industrials Metal Finishing Company

Northeastern US
Construction
Client Code: BN000045375
Revenue (TTM): $2,989,593
EBITDA (TTM): $492,892

The company is a metal finishing firm providing high-end metal coating services to the aerospace industry in addition to coating components for other industries. The company is a leader in electroless nickel application and chemical processing, with AS9100 and National Aerospace and Defense Contractors Accreditation Program (NADCAP) certifications. It is also certified in chemical agent-resistant coating (CARC) painting for the military.

Key Aspects

• Revenue and EBITDA grew at compound annual growth rates of 23% and 41%, respectively, from 2019 to the trailing twelve months (TTM) ending August 31, 2022

• Management notes that as of November 2022 the company is quoting approximately twice the number of parts when compared to 2021

• The skilled workforce has been key to the company's growth in the industry during the nine-year operating history

• The company is equipped to provide diverse coating services from plating to painting

• The company is NADCAP accredited, and AS9100 and ISO 9001 certified

 • The company operates an apprenticeship program that accelerates new hire training time

Opportunities

• In 2021, current ownership began the two-and-a-half-year process of expanding the facility to double the size of the operating space

• Expand service offerings using the paint facilities recently installed for CARC

• Market the newly established painting capabilities

• Develop opportunities to market to commercial applications for consumer goods 

Headquartered

• Northeastern, US 

Current Markets

• The company serves customers in the aerospace, electronics, communications, defense, firearms, and transportation industries throughout the United States 

Real Estate

• The company operates from a 29,000 sq. ft. facility on five-and-a-half acres that is leased from an affiliated entity

• There is room to grow in the current location, which may be included in the sale or leased long-term