Sun Acqusitions Facilitates Purchase of Zircon Precision Products

Sun Acqusitions
Image: sunacquisitions.com

Matthew Brunstrum is a financial professional with several years of experience in the industry. Matthew Brunstrum currently serves as an advisor to Sun Acquisitions, a Chicago-based mergers and acquisitions firm that primarily works with middle market companies across the United States.

Sun Acquisitions works as an advisory company and has been involved in a variety of sales in the past few years, with one of the most recent being CLM Equity Partners’ purchase of Arizona-based aerospace company Zircon Precision Products. Zircon produces specialized aerospace products for both the commercial and military sectors, with the company gaining a reputation for its precision manufacturing process.

According to CLM Equity Partners president and CEO Matthew Locci, the company will work to continue Zircon’s legacy into the future. He also commended the controlled and thorough approach that Sun Acquisitions brought to the acquisition process, which he adds placed CLM in the best position possible when making the purchase.

Sun Acquisitions Facilitates Sale of Zircon Precision Products

Matthew Brunstrum

The recipient of a bachelor’s degree in finance from Indiana University, Matthew Brunstrum began his career as an advisory services associate with Forum Financial Management, LP. Now specializing in mergers and acquisition services, Matthew Brunstrum works as an advisor with Sun Acquisitions in Chicago, Illinois.

On May 9, 2019, Sun Acquisitions announced that it had successfully facilitated the acquisition of Zircon Precision Products on behalf of CLM Equity Partners. The latter had previously approached Sun Acquisitions to pursue a nationwide search to find and acquire an aerospace parts manufacturer that it could operate.

Zircon Precision Products has been in business for more than 50 years. Based in Tempe, Arizona, the company produces aerospace machinery in support of military and commercial applications and maintains a strong industry reputation.

The nationwide buy-side search was led by Sun Acquisition’s Vice President of Buy Side Services Larry Sanderman, while other members provided advice and support throughout the execution and marketing phases of the process. In addition to aerospace, CLM Equity Partners is interested in acquiring manufacturing companies with a focus in overhaul and repair, precision machining, and assembly and fabrication.

Steps for Evaluating a Small Business

Evaluating a Small Business
Image: investopedia.com

Mergers and Acquisitions advisor Matthew Brunstrum supports buyers and sellers closing transactions involving lower-middle market businesses. In his position with Sun Acquisitions, Matthew Brunstrum helps sellers complete a comprehensive assessment to determine the true value of their business.

The market value of a business is dependent on a myriad of factors, including the valuation of comparable companies and the age of the company. Most small business owners should calculate the following metrics to accurately estimate the value of their business:

Assets: Any asset that a business owns, including real estate, inventory, or patented products, can be applied to the value of the overall business. However, all liabilities, such as standing loans or accounts payable, must be deducted to derive an accurate evaluation.

Maturity: Businesses in new, emerging sectors should be evaluated differently from companies in well-established industries. Sellers should review their revenue from the past several years to determine if there is room for growth or if the company has reached a plateau.

Owner Risk: When a small business changes hands, it can impact the value of the business’s intangible assets, including a loyal customer base or highly-regarded reputation. If a company’s value relies too heavily on the current owner, it may be more prudent to evaluate the business using other tangible metrics.

Career Campaigns for Three Chicago Blackhawks Stars

Jonathan Toews
Image: nhl.com

Matthew Brunstrum is a mergers and acquisitions advisor who provides lower middle market company acquisition and valuation services to clients throughout the Midwest. An avid fan of the Chicago area sports teams, Matthew Brunstrum enjoys following the Chicago Blackhawks of the National Hockey League (NHL) in his free time.

Despite missing the playoffs for a second consecutive season, the Blackhawks have a reason for optimism moving into the 2019-20 season. For starters, the team finished with three more wins and eight more points than it had in the season prior. In addition, star players Jonathan Toews, Patrick Kane, and Alex DeBrincat registered career-best totals in points.

A recipient of the Conn Smythe Trophy and Frank J. Selke Trophy in 2010 and 2013, respectively, Toews finished the season with 81 points, improving upon his previous career-high of 76 points, which he set during the 2010-11 season. He also scored a career-high 35 goals after failing to score more than 28 in a single season since 2011-12. Kane, meanwhile, registered 110 points. His previous career-high was 106. A second-year player from Farmington Hills, Michigan, DeBrincat registered 41 goals and 35 assists for 76 points.