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This midwestern technology manufacturer caters to wheeled fleets (commercial/heavy duty, OTR, off-road, agriculture, wheeled port equipment and more) and OEMs and focuses on critical asset management using its proprietary hardware and software systems.
The Company has developed a global distribution network which spans over fifty countries and is an innovator and leader in its chosen markets. Revenue grew 20% in 2021 which was the twelfth consecutive year of revenue growth.
While well-positioned for continued success, the Company is looking to add an infusion of capital, talent, and connections to fully capitalize upon this fast-growth-market opportunity. A solid, tenured team and manufacturing capacity available for expansion make this business a very desirable target for the right buyer.
The seller is seeking a strategic partner that can provide resources to move the business beyond its current pace of organic growth.
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