ROMAC INC, TORONTO, CANADA

We are proud to announce that Workingman Capital Corp., with partner companies Hilco Commercial Industrial and Prestige Equipment, completed the sale of Romac Inc. of Toronto, Ontario, Canada.

The founder and owner of Romac was looking to retire after successfully building his business into a multi-million dollar profitable CNC machine shop. There were several key ingredients that made this opportunity very attractive to the right buyer. In the prior years there were efforts by other agents to sell the business however none came to fruition. We were engaged with a clear sale mandate for the business and real estate. Within a five-month period, while production continued, we created a confidential prospectus, populated a data room, and privately hosted vetted inspections. We received over 50 signed non-disclosure agreements, which resulted in 5 competitive Letters Of Interest and ultimately one successful Purchase Agreement.

Thank you Joshua, John and your team for the dedication and professionalism shown during our recent sale. Because of your expertise in the machine shop industry and your guidance throughout the process, it was a pleasure to work with all of you.
Robert & Linda (Founder and Owner)

We are happy that a successful Canadian business will continue with new ownership, 25+ employees will remain employed, existing clients plus suppliers will maintain their mutually beneficial relationships, and the owner can retire happy that his legacy continues.

Workingman Capital have the expertise and experience to find the necessary ingredients you have for a successful sale process.

NATIONAL SINTERED ALLOYS OF CLINTON, CT

We are proud to announce that Workingman Capital Corp., with partner companies PPL Group and Detroit Process Machinery, completed the sale of National Sintered Alloys of Clinton, Connecticut.

You did a very good job for us, I’m pleased with the results, thank you for your efforts
NSA executive Bill

Last year the owners of NSA contacted us to provide a long-term strategic solution for their 50+ year established manufacturing business. We crafted a bespoke sale process, quickly found several interested parties and narrowed it to one efficiently. The deal provides seamless integration for clients, employment opportunity for personnel, growth and synergies benefitting the buyer and seller.

Case Study: Burloak Tool & Die

In 1980 Burloak Tool & Die was established. Over the years it grew in scale and sophistication to be a highly reputable vertically integrated provider of tooling and parts for blue chip companies.

Recently the founder decided to retire and started looking for a new owner to continue the reliability in design production and quality it has built over the years. Workingman Capital joined a Partnership led by Summit Ridge Capital Partners to purchase the business. We are committed to continuing its tradition of growth, expertise and customer satisfaction. Workingman Capital’s President Joshua Sugar serves on the Board of Directors for Burloak Tool & Die.

During challenging times, the transaction closed, all personnel remain employed, a hard working entrepreneur enjoys a successful exit and a strong Canadian entity continues to grow.

CASE STUDY: THE ESTATES

In October 2021 we learned that a landlord was looking to sell a multi-unit, four season residential community in Ontario, Canada. We quickly evaluated it, formed a strategic partnership, and purchased it, all within 30 days.

The sellers were happy, and we are happy to contribute to a community by improving conditions and providing a more sustainable future environment.