Are you an experienced manager who has successfully led a company or division within a larger entity? Perhaps you’re frustrated with the bureaucracy of working within a large organization, and wish you could lead your own company. Or, have you always wanted to own a company but don’t have the capital or time to search for and acquire an established business?
That’s where we come in: we can partner with you as a primary capital provider to acquire a successful business in conjunction with you. We work with you to search for the best business to buy, lead the due diligence process, and support you and the company as you transition into the President and CEO role post-closing, succeeding the owner or founder.
The number of privately-held businesses in the US.1
Of those companies are owned by baby boomers, who will be or are already looking to retire or exit their businesses.2
Common problem among many of these businesses is the lack of a succession plan.
Montage Partners is pleased to be partnered with Aurelio Banda, the first Executive Partner of the program. Aurelio has joined the Montage Partners team to identify, acquire, and grow a platform company in the industrial automation sector.
Aurelio has extensive experience leading and growing industrial automation companies. From 2015 to 2019, he served as CEO and President of Beckhoff Automation LLC, a provider of automation products and services across multiple verticals, including food & beverage, packaging, and semiconductors. Aurelio led significant growth in his leadership tenure of the company in North America and specifically in the U.S. in excess of $80 million in revenue. Prior to Beckhoff, Aurelio founded Controls Plus, Inc., a distribution and software development company, and served as VP of Sales for Controls for Motion Automation. Aurelio earned an undergraduate degree in Electronics from DeVry University and an MBA from the University of Notre Dame, and successfully completed the General Management Program at Harvard Business School.
Aurelio and Montage Partners will focus on product and/or service companies in the industrial automation sector where technology, automation, robotics, software, and product development are key drivers for continued success in their respective industries. Target businesses include equipment manufacturers, service integration providers, distributors, and value-added developers. Target market verticals include biotech, medical devices, life sciences, packaging – food & beverage, logistics, entertainment, semiconductor, and automotive. Target size includes companies between $5 million and $50 million in revenue, with greater than $1 million of EBITDA.
1Shepherd, L. (2018, February 21). Why an Increasing Number of Retiring Entrepreneurs Are Selling the Business to Their Employees. Retrieved from https://www.entrepreneur.com/article/308785
2State of Owner Readiness. (n.d.). Retrieved from http://exit-planning-institute.org/state-of-owner-readiness/