High Growth Opportunity, Recurring Revenue, Experience Technical Team and more.
For the past 20 years, this hardware engineering and testing firm has steadily grown by designing, developing, and field testing commercial grade wireless products for many Fortune 50 clients. As a leading outsource provider in the booming IoT industry, the company is now well positioned to rapidly scale both its services and inhouse product lines under new ownership. In 2022, a major client in the broadband industry opened over a $1M purchase order to be fulfilled in 2023 boosting expected revenues. With over 50 active clients, the strong reputation of this business provides an ideal acquisition for an industry buyer looking to instantly add engineering and/or testing capacity or for a synergistic acquirer searching for a strategic add-on opportunity. The current owner is willing to stay onboard under a new ownership structure.
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