Ontario-Based Precision Machining & Tooling Company Seeks Investment or Sale
We are seeking a going-concern sale or financing transaction for a precision machining and plastic injection mold tooling company in Ontario, serving the automotive, consumer products and aerospace sectors. The transaction contemplates a sale of all or substantially all of the business or equity of the Company subject to the Company’s discretion to consider other viable proposals.
The Company experienced challenges in its operations and finances in 2024. A downturn in the automotive sector led to fewer orders and project delays, while slower payments from key customers tightened cash flow and restricted available credit. Together, these factors reduced operating capacity and created a difficult financial backdrop.
However, growing momentum in the aerospace market, where the Company has been steadily building capability and relationships since 2019, combined with improving activity in its core automotive customer base, has now positioned the business for a return to consistent, sustainable growth. The recovery is further supported by the receipt of a long-overdue payment recently, which materially improved working capital, reinforced liquidity, and relieved pressure on cash flow, enabling the Company to operate more effectively and confidently pursue new opportunities.
The privately held Company operates from a 18,500 sq. ft. leased facility and employs approximately 15 people. Revenue is around C $3.1 million based on current run rates and is expected to grow to C $4.1 million in FY 2027 (company has a March year-end) further to an increase in estimated key-customer revenues across industries. The company has had positive cash flow in the last six months and is projected to stay cash positive.
Interested parties should contact the undersigned. At our discretion, a non-disclosure and non-solicitation agreement will be sent to you for execution (the “NDA”). Following receipt of the executed NDA, Sinclair Range will be available for discussion and limited due diligence disclosure with a view to defining the structure of a possible transaction. This communication is not, and under no circumstances is to be construed as, an offering or solicitation by Sinclair Range.
Please direct enquiries to:
Scott Sinclair
President
Sinclair Range Inc.
Mobile: +1 646 670 0800
Email: ssinclair@sinclairrange.com
Ajay Ramamoorthy
Vice President
Sinclair Range Inc.
Mobile: +1 647 949 9555