• The Business : 100+ year-old provider of mission-critical machinery repair services and high-wear consumables to 24/7 industrial mills across North America. • Vertically Integrated Platform: The company internally manufactures proprietary components (e.g., wire cloth, dandy rolls, cylinder molds) for recurring on- and off-site service work, capturing dual margins across 80%+ of total revenue while eliminating costly downtime for clients. • Highly Recurring, Recession-Resilient Model: ~$10.2M TTM Revenue / ~$2.2M TTM Adj. EBITDA. ~95% of revenue is recurring, driven by fixed wear-and-tear replacement cycles (1–24 months) that remain steady regardless of broader macroeconomic conditions. • Customer Base, Leadership & Value Creation: Multi-decade customer relationships in growing end-markets, paired with a BD-driven CEO, industry-veteran advisors, and buy-and-build M&A across a fragmented market, drive strong organic and inorganic expansion • Attractive Entry Multiple & Structure: Underwritten at 5.2x Adj. EBITDA (vs. 6.2x–6.7x LMM industrial-services comparables), representing a ~$12.0M valuation at 3.0x leverage and a ~$3.8M equity check. Sellers are retaining strong alignment via seller note and earnouts • Target Returns & Exit Ramps: Entry structure supports 36% IRR / 4.6x MOIC (assuming a 6.0x Adj. EBITDA exit in Year 5). Downside-protected exit options include sales to larger PE-backed consolidators or OEM strategic buyers (one of which submitted a bid in the current sale process). • Timeline: Targeting a late November close.