Location: Portland, Oregon
Industry: Machine Shop with clients in the aerospace and automotive sectors.
Vista Business Group Role: Represented the buyer.
The Buyer: Worked for GE and was tired of corporate life. He’d been looking for a business for several years when he engaged Vista Business Group to locate a business for him. He wanted a business in a region where he could enjoy outdoor activities. Portland was a perfect fit.
The Seller: The company is a CNC machine shop with clients in the aerospace and automotive sectors. Vista Business Group reached out to the owner on behalf of the buyer. The owner was retirement age and had been trying to sell his business.
The Transaction: Vista represented the buyer. Vista assisted in the negotiations of the LOI and gathering of due diligence materials. We introduced the buyer to banks and attorneys, who very instrumental to the success of the transaction.
Testimonial: "Vista Business Group has been excellent in their due diligence and follow through on potential acquisition targets and fit. After more than a year of exploring options, we were able to close an acquisition in 2014. Looking forward to working with Vista Business Group on additional future acquisitions."