Actualizing the Internet of Things all starts with wireless Jan 31, 2017 by Rob Rueckert (Source: https://techcrunch.com/2017/01/31/actualizing-the-internet-of-things-all-starts-with-wireless/) While it seems “smart” everything is in... ...
- Brad HartCEO & FounderRoberts Tool Company, Inc.With Sorenson as our partner, we are able to use our company as a platform to acquire a number of add-on acquisitions. Their understanding of and track record in our industry give us instant credibility with our target acquisitions. And most important, they do what they say they’ll do and are great people to work with. They are a true partner."
Roberts Tool is an aerospace component manufacturer built on the principles of manufacturing the most complex parts in the industry with a one-to-three day machine turnaround. The owner was looking for the opportunity to get some liquidity, while continuing to drive growth through acquisitions and participate in the upside.
Sorenson Capital provided access to the funding and expertise to acquire and integrate follow-on acquisitions that strengthened the company and provided diversity to the customer base as well as its manufacturing and marketing capabilities. In addition, Sorenson Capital helped bring in key leadership and advisors to make it all possible. The structure gave the owners the opportunity to both take money off the table and then work toward a very meaningful payday on the next exit.
Current member of Sorenson Capital portfolio