Business Description

This established controls systems and product engineering company, specializing in sensors and man-machine interface (MMI) controls, has a rich history spanning over 25 years. Originally focused on product development, the company now boasts an extensive intellectual property portfolio and a fully developed product line, earning a reputation for highly innovative and unique high-quality products. The company aims to provide cost-effective, high-tech solutions for a variety of applications, maximizing efficiency while minimizing costs and time to market for OEM systems. With a diverse product offering ready to be marketed across multiple industries, the company is poised for significant growth through targeted marketing strategies. They are currently engaged in over 20 named programs in sectors such as medical, industrial, military, and oil & gas, with a forecasted revenue exceeding $90 million, projecting a gross profit of over $40 million. Additional investment in corporate infrastructure could further accelerate this growth potential, offering lucrative opportunities for the right buyer. The owner is open to an earn-out arrangement, providing an opportunity for