Shingle Eater

19 Sep Shingle Eater

Sold To A Private Investor

Beacon Equity is pleased to have represented the Stockholder & Board members of The Shingle Eater in marketing and sale of the company.

About The Shingle Eater:

Shingle Eater builds a steel hand tool designed to help contractors with the removal of shingles from the roofs of buildings. All work to build the tool is done by a contract fabricator at another location. Most sales transactions are handled through several different manufacturing rep. organizations located in different regions of the country. Multi -location building supply chains are the primary customers. There is one part time employee that handles all business activity. The owner has no day-to-day involvement in the business.

Shingle Eater recently built four different tools and the tools were sold in sets of six per box.  All four tools are designed to remove asphalt and wood shingles. There are four pricing tiers for ordering. The price per tool changes based upon the volume per order. Customers get a discount on freight costs with larger orders. Below is a description of each tool.

For more information on this transaction or other similar business sales contact:

Kevin Martin
Beacon Equity Advisors
781.551.8000

Beacon Sold The Shingle Eater a leader in building a steel hand tools designed to help contractors with the removal of shingles from the roofs of buildings.  Beacon is proud to be the Business Broker serving Waltham and surrounding towns of Lincoln, Lexington and all of Middlesex County.  If you are thinking of selling your company please call for a commitment free consultation.

Let Beacon sell your company for you.

About Beacon Equity Advisors – Since 1985 Beacon Equity Advisors, a leading New England Merger & Acquisition (M&A) advisory firm with offices in eight key New England cities, including in Boston, MA Providence, RI and Manchester, NH has represented owners selling closely held manufacturing businesses.  Beacon Equity Advisors’ experience selling manufacturing companies enabled them to tell an engaging story about this Boston area manufacturing company in the M&A marketplace.  Highlighting key enterprise attributes enhanced the company’s value as Beacon identified prospective buyers who were able to clearly recognize synergistic opportunities. By matching the right buyer with the right seller, shareholders were able to realize an above market value multiple in the sale of their business in a transaction beneficial for both parties. Beacon represented the Board of Directors and Shareholders in identifying the buyer, negotiating deal terms and brokering the transaction.