Fran Brunelle, President of Accelerated Manufacturing Brokers provided a part two mid-year review of 2020 in manufacturing mergers and acquisitions (M&A). COVID caused major delays to in-process deals as lenders were swamped with government PPE. Many lenders have additionally changed their structure to be more conservative. Deals are expected to pick up in the second half of 2020. Brunelle shared some highlight transactions in relevant sectors for manufacturing. Read more here.
According to Brunelle, acquisitions wrapping up in early 2020 continued as normal. For some industries, those early deals will make up the majority of M&A closings in 2020. A manufacturer of precision machined components including screws, fittings, and valves under Mill Point Capital, made two acquisitions in Q1 and Q2 before the storm. The acquisitions were part of a geographic strategy which pushes its expansion into New England.
“Because of our recent transactions where we received multiple offers, Accelerated Manufacturing Brokers is currently seeking new clients in the metal fabrication space. We have several qualified buyers actively searching for acquisition,” shared Brunelle.
About Accelerated Manufacturing Brokers, Inc.:
Accelerated Manufacturing Brokers, Inc., specializes in the sale of manufacturing companies nationwide, with generally $2 - $20 million in revenue, and a minimum of $500K in net income. The firm is exclusively dedicated to helping manufacturers sell their businesses and transition into retirement. The firm’s mission ensures the continuity of U.S. manufacturing by connecting a new generation of entrepreneurial owners. The upfront guidance is offered without a fee; the assessment and how to optimize the manufacturing enterprise for sale is a unique hallmark of the Accelerated Manufacturing Brokers’ value proposition.
Passion about the manufacturing sector is personal; it represents the best and backbone of the U.S. economy. Clients are quintessentially great small American manufacturers. These savvy entrepreneurs are the nation’s renegades and rebels who have worked hard and built great companies. Like the clients served, the Accelerated Manufacturing Brokers’ team is highly entrepreneurial and manufactures their destiny while helping clients realize how to best position their company for prospective buyers.
Brunelle recently shared a new two minute video: “Exiting My Manufacturing Business in the Second Half of 2020” which explains why this is the perfect time for buyers and sellers.
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Company Name: Accelerated Manufacturing Brokers, Inc.
Contact Person: Frances A. Brunelle, President
Address:75 Frontage Rd
Country: United States