Advanced Manufacturing tag – FOCUS
In part 5, we discuss the significance of leading with a clear mission and values, putting to paper a growth plan, and staying aware of industry activity.
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.
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Bearing Distributors, Inc. (“Bearing Distributors”), based in Columbia, South Carolina, has been acquired by Applied Industrial Technologies (NYSE: AIT, “Applied”). This case study highlights the unique process of this transaction.
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.
Securities transactions conducted by FOCUS Securities LLC, an affiliated company, registered broker-dealer and member FINRA/SIPC © 2025 FOCUS Investment Banking LLC
Securities transactions conducted by FOCUS Securities LLC, an affiliated company, registered broker-dealer and member FINRA/SIPC © 2025 FOCUS Investment Banking LLC
