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Located in Michigan, this turnaround opportunity provides robotic systems integration and special machine manufacturing for manufacturers in the automotive, industrial, and food sectors. The Company focuses on providing the installation of custom automation solutions to enable its customers to operate more efficiently and achieve their production goals.The Company’s greatest strengths are its forty years of robotic integration experience coupled with its modern ERP system. The Business has ~50 employees including the recent additions of several experienced managers from notable industry leaders. Additionally, the Company has an expansive customer base as many of its customers return for additional orders.The owner is regularly involved in the sales activities of the Company and is assisted by a wide array of managers who handle the day-to-day operations. The current owner is looking to sell the Company to gain access to financial resources that are not presently available.This turnaround opportunity has historically been able to generate better financial performance, but due to obstacles encountered with AR collection, rising debt balance, along with a few other factors, the owner does not have the resources to return to a robust financial state.
Poolwerx is America's fastest moving retail and service pool business, with over 166 service trucks and 31 retail stores joining Poolwerx in America since they first arrived in 2015. A global brand established as the largest pool and spa maintenance network in Australasia, Poolwerx has demonstrated a strong history of innovation both in franchising and in the pool industry in its over 25 years of operation.
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