iCrowd Newswire
04 Aug 2022, 20:02 GMT+10
Orange County, CA, July 21, 2022 - Plethora Businesses, an M&A advisory firm headquartered in Orange County, California, is pleased to announce the sale of American Sheet Metal, a provider of sheet metal fabrication services, to Manufacturing Succession (MSP). Plethora served as the exclusive sell-side advisor in this transaction. The transaction closing was announced on July 1, 2022.
For nearly 20 years, ASM has been a leading provider of sheet metal fabrication services and has a reputation for quality, customer service, and the ability to take on projects both large and small by utilizing state of the art CNC equipment.
MSP was founded with the goal of leveraging years of experience in sales, manufacturing, and engineering in order to acquire and grow established manufacturing and industrial operations. The acquisition expands MSP's existing US-based manufacturing locations to increase manufacturing capabilities. The combined company will offer an increased production of standard and custom sheet metal.
"We are very excited to be able to find a partner to continue the great legacy of quality and service that ASM has created over the last two decades." says Jeremy Manista, Project Manager at Plethora. "We believe that Jules and his team will be able to take the firm that Eli has built and grow it to a whole new level."
MSP's acquisition of American Sheet Metal marks the second deal closed for Plethora Business in Summer 2022.
About Plethora Businesses
Plethora Businesses is a boutique M&A Advisory firm, providing sell-side and buy-side M&A, corporate strategy, valuations, and consulting services to middle market businesses. For more information, visit plethorabusinesses.com or call 714-255-8862.
Contact:
George Lanza
President
Jeremy Manista
Associate
Max Masana
Financial Analyst
Tags: metal fabrication, Sheet Metal, Acquisition, Transaction, manufacturing
See Campaign: https://plethorabusinesses.com/
Name: George LanzaEmail: [email protected]Job Title: CEO
Tags:Go Media, CE, PR-Wirein, ReleaseLive, IPS, Google News, Reportedtimes, Financial Content, iCN Internal Distribution, Extended Distribution, EnglishGet a daily dose of Business Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Business Sun.
More InformationNEW YORK, New York - U.S. stocks diverged on Wednesday for the second day in a row. The Standard and Poor's 500 hit a new all-time...
VENICE, Italy: Over the weekend, hundreds of protesters marched through the narrow streets of Venice to voice their opposition to billionaire...
NEW YORK CITY, New York: The U.S. dollar continues to lose ground, weighed down by growing concerns over Washington's fiscal outlook...
SANTA CLARA, California: Executives at Nvidia have quietly been cashing in on the AI frenzy. According to a report by the Financial...
NEW YORK, New York - Global stock indices closed with divergent performances on Tuesday, as investors weighed corporate earnings, central...
TORONTO, Canada: Canadian Prime Minister Mark Carney announced late on June 29 that trade negotiations with the U.S. have recommenced...
SANTA CLARA, California: Executives at Nvidia have quietly been cashing in on the AI frenzy. According to a report by the Financial...
BEIJING, China: China's national soccer team may struggle to stir excitement, but its humanoid robots are drawing cheers — and not...
WASHINGTON, D.C.: On Friday, President Donald Trump announced that he was halting trade discussions with Canada due to its decision...
FRANKFURT, Germany: Germany has become the latest country to challenge Chinese AI firm DeepSeek over its data practices, as pressure...
SAN FRANCISCO, California: Under pressure from European regulators, Apple has revamped its App Store policies in the EU, introducing...
SAN FRANCISCO, California: A U.S. judge has dismissed a copyright lawsuit filed by 13 authors against Meta Platforms, the company that...