OCS Technologies, Inc.
Company Description
OCS Technologies, Inc. (“OCS” or the “Company”), headquartered in Cleveland, Ohio, is leader in the provision of calibration, repair, and maintenance services, as well as the sale of calibration, force, optical, and measurement equipment to customers throughout the Great Lakes Region. OCS’ team of highly trained and certified technicians perform its best-in-class services both at its customers facilities, as well as at the Company’s ISO / IEC 17025 accredited laboratory. As a result of OCS’ 95-year operating history and market leading services, the Company has established a base of more than 1,000+ blue chip, and oftentimes recurring, customers.
Services Provided
MelCap Partners (“MelCap”) served as the exclusive investment banker and financial advisor to OCS through the sale of the business. We would like to thank the Gunn family for hiring MelCap to represent the Company in this exciting transaction. It was an honor and pleasure to work with the entire OCS team, as well as its other service providers.
Result
In an effort to achieve the current ownership’s goals and objectives, as well as support the Company’s future growth plans, MelCap was able to successfully identify the most logical buyer for the business. As a result, OCS was sold to Aldinger Company (“Aldinger”), headquartered in Dallas, TX. Aldinger offers calibration solutions for a wide range of mission-critical test and measurement equipment, as well as complementary repair services and equipment sales. Since the acquisition of Aldinger by Incline Equity Partners (“Incline”), a Pittsburgh, PA based private equity firm, Aldinger has grown substantially both organically, as well as through strategic acquisitions. Aldinger’s acquisition of OCS represents its most substantial expansion into the Northeast Ohio market, and will provide meaningful cross-selling opportunities throughout both OCS and Aldinger’s national customers. Furthermore, OCS’ President, Joe Gunn, will immediately support the entire Aldinger platform as its new Director of Quality, in addition to his role as President at OCS.
Client Quote
"We did not take the prospect of identifying the next successor of OCS Technologies lightly – and preserving the legacy 4 generations have worked to build since 1930 was a tall order. As a result, we wanted to find an investment banking firm that embody the core values we strive for at OCS – and we are thrilled to have chosen MelCap Partners. Like OCS, MelCap is a multi-generation family business that operates with the highest level of integrity, transparency, and subject matter expertise. I am thrilled that OCS is joining the Aldinger family – who is truly the perfect partner. Aldinger understands our business, customers, and team members – and prides itself on providing the same quality of calibration and measurement services as OCS. Thank you MelCap – we could not have closed this deal without you!".
Mr. Joe Gunn
President of OCS
About MelCap Partners, LLC
MelCap Partners (www.melcap.com) is an investment banking advisory firm specializing in providing high quality and innovative financial advisory services to middle market companies. Services provided include merger, acquisition, and divestiture advisory services, the private placement of senior debt, subordinated/mezzanine debt, and equity capital, and general advisory services including business valuations, restructurings, and feasibility assessments. In order to assist MelCap Partners with securities related transactions, the investment bankers of MelCap are Registered Principals/Representatives of M&A Securities Group, Inc. (“MAS”), a FINRA broker-dealer firm.
About Globalscope Partners Ltd.
MelCap Partners is also a partner in Globalscope Partners Ltd., (www.globalscopepartners.com), an international M&A network with 55 firms in 49 countries. Globalscope is a leading group of investment bankers and business advisors supporting clients in domestic and international M&A transactions.
Providing the Services Business Owners Need for Over Two Decades
At MelCap Partners, our team of experienced industry professionals has a high amount of respect for business owners making pivotal decisions — whether they’re selling their business or expanding. We do our best to provide services that honor the work they’ve put into building their business from the ground up.
We know the big events concerning your business are hard, especially if family is involved, and that’s why our team is ready to help so you don’t have to go through the process alone. We’ll help you navigate any challenges that come your way so you can successfully meet your goals and objectives.
If you’re ready for help taking the next step in pursuing your goals, we’d love to use our experience to get you there. We know that getting to this point hasn’t been easy and we’re here to walk you through the process. If you’re ready to start, we’d love to have you connect with one of our professionals today.
- Category: Industrials, Private Equity, Sell-Side M&A