Owners: Keep your eye on your equity!

2024-02-01T17:30:23+00:00Advanced Manufacturing, Articles|

Precision machine shop owners are experiencing high demand for their services. With the economy re-opening orders are piling up. One of the biggest problem is keeping up with that demand. However, that does not necessarily mean business is destined to continue to get more valuable as revenue grows. This article explores this topic and encourages precision machine owners to consider the big picture.

FOCUS Investment Banking Represents Bearing Distributors, Inc. in its sale to Applied Industrial Technologies

2024-02-12T23:32:50+00:00Advanced Manufacturing, Deals, Mergers & Acquisitions News, Mergers, Acquisitions & Divestitures|

Washington, DC, (October 20, 2023) – FOCUS Investment Banking (“FOCUS”), a national middle market investment banking firm providing merger, acquisition, divestiture and corporate finance services, announced today that Bearing Distributors, Inc. (“Bearing Distributors”), based in Columbia, South Carolina, has been acquired by Applied Industrial Technologies (NYSE: AIT, “Applied”).  FOCUS initiated this transaction and advised Bearing Distributors throughout the process. Terms of the transaction were not disclosed.

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