International Provider of Specialist Testing Services to the Semiconductor Industry

Offers invited.

Key Highlights

– Operates in the semiconductor industry.

– Works with clients based in the UK, Ireland, Europe, Israel, and the US.

– Typically has 40 active clients in any given year, 90% of which provide reliable streams of ongoing revenue.

– Generates up to 30 new enquiries per month, ranging from £1k to £10k in value.

– Invested in a variety of market leading test systems.

– Operates from premises consisting of a test-lab, office space, and a storage facility.

– Scope to open a laboratory in Israel to expand market presence in this highly active region.

Financial Highlights

– YE23 turnover in excess of £800k with an adjusted EBITDA of £607k.

– Quotes currently awaiting a purchase order typically expected in the next three months have a current value of circa £190k.

– Regularly has a strong work pipeline in place for its upcoming quarter, typically in excess of £150k from global semiconductor companies.

– Extensive asset register with a value of circa £309k included in the sale.

– Two units with a combined value of approximately £100k included in the sale of the business.