Back to Insights
Case Study Precision Manufacturing

Helping a precision contract manufacturer exit smoothly.

A Silicon Valley CNC and sheet metal shop sold within six months despite a tight timeline, customer concentration, and a $500K work-in-progress complication.

Industry Precision contract manufacturing
Location Silicon Valley
Engagement to close 6 months
Outcome Family office acquisition

The Situation

The owner operated a precision manufacturing operation in Silicon Valley specializing in CNC machining, sheet metal fabrication, and custom assemblies. The business demonstrated strong customer loyalty and above-average profitability. A stable team had been in place for years.

A family health emergency created urgency around the sale timeline. The owner required exit within six months while identifying a buyer who understood the business's true value and would preserve its legacy.

The Challenges

Tight timeline

Six months from engagement to close required efficiency without compromising quality across marketing, diligence, and negotiation phases.

Customer concentration

Approximately half of revenue originated from one established customer relationship. That demonstrated strength but potentially concerned buyers who prefer more diversified revenue streams.

Work-in-progress complexity

The company had invested over $500K in materials and outsourced services for undelivered, uninvoiced work. Valuation uncertainty existed regarding when and how that would convert to recognized revenue.

Diligence resource gap

The long-serving accountant was already overextended, threatening deal momentum without additional support capacity.

What I Did

Targeted outreach

Strategic identification of buyers experienced in contract manufacturer acquisitions and comfortable managing customer concentration risk — rather than casting a wide net and filtering reactively.

Honest conversations with the buyer

Direct discussion of strengths, challenges, customer history, future revenue, and actual risk placement maintained momentum through transparency rather than managed disclosure.

Honest framing of risk doesn't scare off the right buyer — it builds credibility with aligned partners.

Creative work-in-progress structure

A $400K holdback at closing, paid out in phases as milestones hit — customer orders received, parts shipped — replaced contentious inventory accounting debates and gave both sides a structure they could stand behind.

Diligence resource fix

The advisor network provided vetted support, coordinated with the company's CPA, and facilitated onboarding beyond typical broker responsibilities. Deals don't stall on big issues — they stall on small operational gaps left unaddressed.

The Outcome

The sale closed within the planned six-month window. A family office with contract manufacturer acquisition experience acquired the company — a strong strategic alignment. The seller remained engaged for a 12-month transition period, ensuring continuity for the team and the key customer relationship.

Key Takeaways

  • Personal crises can force urgent sales — but with proper preparation, you can still exit on your terms.
  • Honest framing of risk builds credibility with the right buyers, not skepticism.
  • Small operational bottlenecks derail transactions; proactive advisors address these gaps before they become deal-killers.
  • Customized deal structures — like phased holdbacks — outperform standardized approaches for complex situations.
Start the Conversation

Whether the timing is six months or eighteen, the early conversations matter most.

A candid, confidential conversation about where you are and what makes sense next — no pitch, no obligation.