Calder Capital has been retained to assist Westshore design, a West Michigan software, electrical and mechanical manufacturing and engineering company, with its strategy to acquire a company with similar capabilities. Westshore is in Holland, Michigan and has broad experience in embedded controls, instrumentation, automotive, industrial, medical, and various LED lighting applications.
Target: B2B businesses specifically involved in electronics design and manufacturing, PCB boards, LED lighting, controls etc.
Geography: West Michigan (Greater-Grand Rapids, Lakeshore)
Revenue: $3 million to $12 million
Cash Flow: $750,000 to $3 million
Valuation/Deal Structure: The Acquirer is flexible regarding deal structure; they are open to the seller keeping a minority share in the business but would prefer 100% buyout.
Manufacturing Capabilities: Embedded controls, instrumentation, automotive, industrial, medical, and various LED lighting applications capabilities.
Management Situations: The Acquirer is flexible in terms of the management situation and whether the current management team would like to stay on post-close.
Profitability: The Acquirer is looking for established businesses with proven profitability.
About the Company
Founded in 2003, Westshore Design is a leader in servicing industrial and commercial manufacturers of high end quality products. They have combined a strong service offering and broad manufacturing capabilities with deep industry knowledge and development strategies to become one of most effective electronic engineering and manufacturing firms in West Michigan. This allows them to not only provide clients with the optimal products, but also sets the foundation for future growth.
Westshore Design would like to leverage its infrastructure and expertise in the industry to grow vertically via acquisitions. They are looking for opportunities with businesses that specialize in electronic engineering and design, electronics assembly and manufacturing, PCB boards, LED lighting, controls and other similar products and capabilities.
If you are interested or know of a potentially interested party, please fill out the form below or contact: