JV IN CONTRACT FILLING / CHEMICAL MANUFACTURING
I am a self-funded searcher / operator who is looking at a bolt-on for our business. A big bolt-on. The seller's health has forced them to sell their facility and it's the best deal I've come across in the past 12 months of searching. If any searchers have an interest in manufacturing or real estate, I am seeking a JV for the deal as it is a little too big to swallow myself. The facility is doing 7 figures per year right now, and it set up to do 50-70x revenue once it reaches full capacity.
Due to the seller's health, they've merely been breaking even on the manufacturing side and have been holding the facility as a real estate play in their portfolio. A competent operator will ever the infrastructure and management that has made this plant work for the past 17 years.
If this deal is in your fund's realm, please message me.