This well established, rapidly growing company provides instrument calibration services and manufactures a line of proprietary testing instruments and components for the nuclear and commercial power industry. Approximately 70% of Company revenues are in nuclear services and sensors. The wide range of services and products are sold to local, national and increasingly to international accounts. Long-term contracts in the surging nuclear power industry will continue to provide a stable stream of income, as many customers list the Company as an approved vendor for existing and planned new plant starts. These contracts, along with new products are driving growth, which has seen gross revenue for the company increasing at an average of 30% per year for the last 5 years. A major global power company has recently asked this company to provide parts, consulting and to write procedures for its next generation power plants, which may significantly increase future revenues.
The expected continuation of demand for nuclear products and services, new products and services now in development and a marketing plan other than word of mouth for capturing market share in the largely untapped commercial calibration market offer a great opportunity for the buyer.
The owners will be available for a smooth transition for the new owners if needed. This acquisition opportunity is expected to attract interest from a variety of buyers, especially strategic and industry buyers.