Company Overview
American Healthcare Capital is pleased to exclusively introduce a custom laboratory equipment manufacturing company that provides precise thermal management systems for various chemical and biological laboratory applications. The company’s circulator-driven fluid-based products maintain constant temperatures between -90 and +250 degrees Celsius, with a margin of variability of less than 1 degree Celsius. These systems can incorporate all types of laboratory containment vessels, including test tubes, plates, reservoirs, media bottles, bags, and more. Its products are compatible with any benchtop application and can be readily integrated with automated liquid handlers and other complex laboratory instrumentation.
All temperature control products are designed, engineered, and manufactured in collaboration with external vendors and experts and can be customized to the client’s needs. Its systems are compliant with the Society for Biomolecular Screening standards. The Company works directly with laboratories and with top-tier automation and integration partners who incorporate its temperature control devices into a broad range of laboratory instrumentation.
Financial Overview
Over the past three years, the company’s revenues have ranged between $500,000 and $700,000, with an adjusted EBITDA of over 30%. The company has done limited marketing and no direct sales. There is substantial upside in the untapped research and biological testing markets.
Staff Overview
The owner, who is preparing for retirement, is committed to ensuring a smooth transition for the new owners. He is willing to stay on for a period of up to one year, during which he will share his extensive knowledge and experience to ensure that the new owners are fully apprised of all aspects of the business. Currently, there are no other employees.
Asking Price
The price is to be determined.