Manufacturer Of OEM Sensing Devices With 95% ARR

Business Overview:

2024 projections are $8MM in revenue and $2.7MM in Adjusted EBITDA

This OEM sensor manufacturer was established in early 90s in Pennsylvania, US. It is renowned for its cutting-edge custom sensors that seamlessly integrate into a wide range of industrial equipment, guaranteeing consistent and reliable performance. For over three decades, the company has been at the forefront of sensor manufacturing, boasting a rich history of innovation and excellence. With divisions for high and low-volume production, the company stands at the forefront of the industry, creating custom sensors with reliable performance throughout the 5-10 year lifecycle of the equipment. With a strong foothold in the industry, their innovative solutions have consistently met customer demands. Therefore, they have a large number of customers placing repeat orders. As a result of this, the company generates 95% of its revenue from recurring customers. This recurring revenue stream is a major driving source for the company and allows them to generate fair profits while safeguarding against the establishment of inflated industry pricing standards. The company boasts an extraordinary customer base featuring Fortune 500 companies and clients in the People’s Republic of China, including the nation’s largest heater manufacturer. 

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Property Features and Assets:

2 Separate locations in 2 states.

Reason for Selling:

Strategic Exit.

Additional Details:

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