Manufacturer of Optic, Photonic, and Imaging System Components

Description:
The Company designs, manufactures, and sells precision parts and associated products for optics, photonics, and imaging systems. The Company's products are utilized in a wide range of applications and industries, including the defense/military, aerospace, microscopy, medical device, and life sciences industries.

Key Aspects:
• Gross profit and adjusted EBITDA grew at a compound annual growth rate (CAGRs) of 31.9% and 33.2%, respectively, from 2021 through the trailing twelve months (TTM) ending July 31, 2024
• Adjusted EBITDA margin of 47.1% in the TTM ending July 31, 2024
• Low customer concentration: No single customer accounted for more than 6.8% of revenue in 2023
• The Company serves a diverse customer base spanning a wide range of industries
• Proprietary product manufacturing processes and technologies
• Approximately $1 million of capital expenditures since 2021 to improve capabilities, capacity, and reliability
• ISO 9001 certified and ISO 17025 accredited

Opportunities:
• Establish a formal outbound marketing strategy
• Increase promotion of photomask products and dicing services, including search engine optimizing the Company's website
• Capitalize on the global conversion of barcodes to two dimensional (2D) symbols at point-of-sale (POS) systems
• Leverage current capabilities to develop additional optical components
• Develop value-add products to support test targets, such as analysis of results

Headquartered:
• Northeast, U.S.

Current Markets:
• The Company serves organizations in the United States, Europe, and Asia in all industries that develop, test, or deploy optic, photonic, or imaging systems, including the defense/military, aerospace, microscopy, medical device, and life sciences industries

Real Estate:
• The Company operates from a 24,500 sq. ft. facility leased from an affiliated entity
• The facility is not included in the sale of the Company but may be leased long-term

Shareholder Ownership:
• The Company is owned by a single shareholder
• The owner is seeking an equity investment to help reduce long-term debt and support strategic growth initiatives
• The owner is open to remaining with the Company following a sale