Industrial Products Leadership through Technology and Innovation
HBD's ACQUISITION PROFILE
The HBD legacy features a successful history of buying and integrating companies and product lines. We have welcomed these businesses into our family with a winning formula: We seek to capitalize on the strengths of the businesses we acquire and capture the synergies of newly opened business opportunities, to expand the value of the whole enterprise. By coordinating certain functions across businesses, we share deep business and technical expertise that cannot be gained or mastered alone.
We will continue to own and operate a diverse yet focused group of relatively autonomous companies, centered upon industrial products manufacturing. We actively seek acquisition and growth opportunities that can be complementary and synergistic to our current markets, products, customers and businesses.
Profile of Preferred Acquisition Candidates
|
Business Description |
SIC Codes |
NAICS Code |
|
Rubber and Plastic Hoses & Belting |
3052 |
326220 |
Rubber Product Mfg. for Mechanical Use |
3061 |
326291 |
| Closed-Die Forgings (titanium, exotic metals) | 3463 | 332112 |
|
Speed Changers, Industrial High Speed Drives and Gears |
3566 |
333612 |
|
Electric Motors (AC, DC, Brushless DC) |
3621, 7694 |
335312 |
|
Industrial and Commercial Fans & Blowers |
3564 |
333412 |
|
Magnetic Material Handling Equipment (e.g., Lifting; Separation) |
|
33392 |
|
Financial Summary |
Tuck-in Product Line Acquisitions |
Stand-Alone Businesses |
|
|
Net Sales |
> $5 million |
$15-to-$75 million |
|
|
Annual Revenue Growth |
> 0% p.a. |
> 3% p.a. |
|
|
Avg. EBITDA Margin (as % of net sales) |
> 8-10% |
> 8-10% |
|
Geographic Location of Manufacturing Base
North America (manufacturers incorporating offshore materials a "plus")
Continued Participation of Management
-- Tuck-in Divisions or Product Lines: Helpful, but not a prerequisite.
-- Stand-alone Divisions or Businesses: Prefer senior managers to stay on.
HBD seeks niche companies that consistently enjoy high, attractive margins through proprietary products and services, with solid growth prospects and a broad management team interested in continuing to grow their businesses. Some of the factors we consider include:
Market penetration
Product line expansion
Cost savings
Geographic or market reach
Reputational strength
Technology enhancements
Supply chain enhancements
If your company, client or principal fits this growth profile, please contact our corporate development officer in strict confidence:
Nelson K. Law, Director of Strategic Initiatives
HBD Industries, Inc. / Executive Offices
5200 Upper Metro Place, Suite 110
Dublin, OH 43017-1372
Phone: (614) 526-7000 / Fax: (614) 526-7020
E-mail: nlaw @ hbdeo . com
(For all product, service and non-M&A inquiries, please contact the operating units directly.)