Description:
This is an award-winning distributor of CAD/CAM, CNC, reverse engineering hardware and software, and inspection solutions to customers in virtually every industry. The company leveraged 30 years of experience in heavy-hitting industries such as automotive and aerospace to bring first-of-its-kind patent-pending milling automation to the dental industry and has won awards for innovation, product quality, and customer service. It is a dealer of Mastercam, the world's leading CAM software, and continually receives recognition as one of the most prominent dealers in North America, offering a full line of solutions for the dental industry and is recognized as the #1 ARUM milling machine dealer in the world. The company is a provider of equipment, software and consumables that cover every stage of digital dental workflow in a soon-to-explode dental market ready to adopt these in-house technologies.
Key Aspects:
• Established business with over 25 years in the industry
• Exclusive Mastercam dealer in its territory
• Estimated $3.4 million recurring revenue through software maintenance and service contracts
• Artificial intelligence enabled software to produce faster, more complete, higher-quality, higher accuracy results
• Knowledgeable sales force on high-tech products
• Repeat business is estimated at 83%
• High-quality, reliable machines and products
Opportunities:
• Deep relationships with media partners, publications, editors and publishers in the dental space who provide steeply-discounted advertising rates and free, added-value media coverage including magazine cover tips.
• Strongly differentiated from the competition: the company developed unique, proprietary enhancements to increase product reliability and to increase product reliability and precision. Mills have been well branded and have strong name recognition that can be leveraged in the industry.
• Growth opportunity due to number of companies entering clear-aligner market (since Invisalign patent expiration) and a large number of doctors tech in-house.
• Expansion in dental industry through robotics and new automation-enabled machine offerings.
• Capture additional wallet share within existing customer base and expansion into new markets.
Market Currently Served:
• Industrial businesses and the dental industry
Real Estate:
The company operates from an 8,666 square feet facility leased from an affiliated entity. The company leases an additional 1,792 square foot facility from an unrelated third party to facilitate classroom training. There is room to grow in the current location.
Ownership:
The company has one majority owner and one minority owner. Both owners are in agreement with the sale of the company and open to various deal structures.
Contact Matt Kekelis at 615.924.8950and include the client code BN
