Hopkinton, Massachusetts, United States
Hopkinton, MA, US
This small, creative, and agile company provides extensive automation technology installations across industries… patented technology that streams critical operational data directly into plant management systems, giving leadership clearer visibility and enhanced insight into real-time performance.
Many of their clients are household names in the Medical, Software, Packaging, Automotive, Technology, Solar, Aerospace, and Recreational Industries. Some of the world’s largest producers rely on this company's technology to boost efficiency, minimize downtime, and streamline workflows.
While the current patent does not directly address AI implementations, its underlying technology can be effectively combined with AI systems. As such, it is a significant enabler for organizations seeking to develop or enhance AI-driven operational solutions.
Business Highlights & Competitive Strengths
1. Proven Legacy & Engineering Expertise
2. Diverse & Flexible Product / Solution Portfolio
3. Strong Customer-Service & Customization Culture
4. Underserved Niche Market with Opportunity for Growth
An ideal Buyer for this business could be a larger Packaging, Robotics, Technology, or Engineering enterprise, or any venture serving the industrial automation market. The company might also be a good fit for an enterprising financial buyer with the skill set to scale the company to its full potential.
The Sellers see their company as a potential acquisition or tuck-in to a larger organization that could better leverage their patents and technology for greater scale or access to their extensive customer base.
Recurring revenue is generated by serving the MRO needs of their current accounts; there are no active sales or marketing efforts to drive revenues.
• Sales over the last 4 years have ranged from $900K - $2.4 million
• Cash flow roll-up for 2024 is $432,271
• Asking Price $750,000
• Significant NOL on the current balance sheet.
• Senior management is open to assisting with the business's transition.