Capital Exits International Ltd. has been exclusively appointed by a UK IT hardware distributor of ruggedised media converters, switches, and serial communications products for defence, marine, medical, and technology manufacturing applications to find a suitable acquirer for their business.
Details of the opportunity are as follows;
Company Name: TBA post-NDA
Company Website: TBA post-NDA
Sector: IT Hardware Distribution
Year incorporated: 2014
Reason for sale: The owner of the business intends to exit in order to prioritise retirement. He also recognises that the business has grown to a point where it requires the energy of a new acquirer to facilitate the next stage of expansion.
The principal owner is prepared to assist with the post-sale transition if required by the new acquirer. During the handover period, he is prepared to work as a consultant, on a temporary basis.
Financials year-end 30th June
2020 (actual) - Turnover: £502,725 / Adjusted EBITDA: £218,436
2021 (actual) - Turnover: £902,431 / Adjusted EBITDA: £355,524
2022 (actual) - Turnover: £629,637 / Adjusted EBITDA: £190,460
2023 (actual) - Turnover: £1,260,021 / Adjusted EBITDA: £532,190
2024 (forecast) - Turnover: £1,300,000 / Adjusted EBITDA: £730,000
• Trading originally since 1993 as a subsidiary of a larger US business.
• 18 years of sole distribution for a military-grade ruggedised brand of media converters and switches covering the UK and most of Europe with high margins.
• Long trusted relationships with MOD defence, marine, and technology manufacturing partners.
• Loyal returning customer base for over 30 years.
• Ability to design and manufacture products to meet specific requirements, where off-the-shelf is unavailable.
• Large blue-chip customer base with huge upsell opportunities for the new acquirer.
• Business can be relocated.
