The Company is a world leader in leak detection, devoted solely to the research, design, manufacture, distribution, and service of leak detectors and complete leak detection solutions. The Company’s staff of engineers, system design personnel and applications specialists provide a highly experienced team of leak detection experts. The Company offers an unparalleled breadth of applications knowledge and leak detection experience along with the fastest, simplest, and most sensitive leak detectors in the industry. Over one billion products around the world have been tested with its automated leak test equipment consisting of general purpose helium mass spectrometer leak detectors, mass flow and pressure decay systems, and industrial helium mass spectrometer leak detection solutions.
After 50 years with the business as both employees and owners, the two managing shareholders thought it was time for a new management team.
Beacon Equity Advisors assisted with the valuation, marketing, deal negotiations and due diligence necessary to bring about a deal the sellers desired, including:
One that allowed the company to continue in its current location saving the jobs of the 50 employees,
The buyer has industry expertise that will enable the business to operate more efficiently and grow.
Enable the sale of the business and real estate concurrently as desired.
Allowed for a short but smooth transisition period for the retiring shareholders
Exactly the deal the owner of this business desired.
Beacon marketed the business for approximately nine months to identify private equity firms with the industry knowledge, not only in test and measurement, but also in the leak detection space.
Owner was able to choose between two competing all cash deals and was able to choose a buyer they felt would be the best for the business and their employees.