Manufacturer of OEM Sensing Devices with 95% ARR

2024 projections are $8MM in revenue and $2.7MM in Adjusted EBITDA

This OEM sensor manufacturer was established in early 90s in Pennsylvania, US. It is renowned for its cutting-edge custom sensors that seamlessly integrate into a wide range of industrial equipment, guaranteeing consistent and reliable performance. For over three decades, the company has been at the forefront of sensor manufacturing, boasting a rich history of innovation and excellence. With divisions for high and low-volume production, the company stands at the forefront of the industry, creating custom sensors with reliable performance throughout the 5-10 year lifecycle of the equipment.

With a strong foothold in the industry, their innovative solutions have consistently met customer demands. Therefore, they have a large number of customers placing repeat orders. As a result of this, the company generates 95% of its revenue from recurring customers. This recurring revenue stream is a major driving source for the company and allows them to generate fair profits while safeguarding against the establishment of inflated industry pricing standards.

The company boasts an extraordinary customer base featuring Fortune 500 companies and clients in the People’s Republic of China, including the nation’s largest heater manufacturer. Its utility-grade gas meter sensor earned the North American Product of the Year award. These strategic successes illustrate the trust and collaboration the company has built within its diverse and prestigious customer base, spanning various sectors.

A major company asset that is positioned for a potential separate sale is its building. Alternatively, an arrangement for leasing the property is plausible, too. With no existing liabilities, the company holds a forearmed financial landscape while maintaining a fiscally responsible environment.

The company has garnered an outstanding reputation and consistently maintains a high level of customer satisfaction, spanning several years. Intrinsically data-driven, the company’s sensors find applications in diverse sectors, from foodservice equipment and scientific instruments to IoT hardware and green energy solutions. Their transformative achievements resonate across the industry, reflecting their commitment to innovation and operational excellence.

The company offers an extensive range of products and services, including:

RTDs (resistance temperature detectors)
Thermocouples
Thermistors
Thermal switches
Cable harnesses
Stainless steel tubing
ISO 17025 accredited Calibration Services
Custom temperature sensor Design and Engineering
State-of-the-art Manufacturing
Rigorous Testing
Exceptional Customer Support
Sensors for IoT solutions with digital, ratiometric or linear outputs
Wireless meat sensors with output to controls for use in ovens and grills