Managing Director, Aaron Fox Completes the Sale of a Boston Machine Shop and Industrial Fabrication House
Boston, United States
October 2021
Transworld Business Advisors of Boston is pleased to announce the successful closing and sale of a Machine Shop and Industrial Fabrication House in Boston with the sale of the business and property. Aaron’s 15 years of small business and strategic acquisition experience played a major role in making this transaction go smoothly. Aaron played a critical role in navigating many parts and relationships with lenders, lawyers, accountants, appraisers, and brokers to ensure a smooth and successful transaction!
This business has been servicing the Greater Boston community for over 50 years and focused on the fabrication and repair of heavy industrial equipment. Revenue has been stable over the years with key customers ranging from municipialities to railroad companies to construction companies & heavy equipment operators. The seller was looking to retire with a complete exit from the business. The buyer was looking at several opportunities and was very excited about this one as it was profitable and offered a good assortment of custom and specialized equipment.
Transworld wishes the buyer the best of luck as he starts his new venture. We also congratulate the seller as he transitions into a well deserved retirment. Applauds to Aaron Fox on another successful sale!