WHAT WE SEEK

Investment criteria

We are searching for one exceptional Ontario manufacturing business to acquire and operate for the long term. Size, geography, and business quality all matter — and if the fit isn't there yet, operational advisory through ForgeShift can help you get there on your own timeline.

Financial Profile

EBITDA

$750K – $3M

Revenue

$3M – $30M

Geography

Ontario, Canada

Track Record

5+ Years Operating History

Business Characteristics

Defensible niche within manufacturing or industrial services
Strong management team and loyal, skilled workforce
Low customer concentration (no single customer >20%)
Recurring or repeat revenue model preferred
Technology-enabled operations a strong plus

Target sectors

Precision & Custom Manufacturing

Specialty manufacturers with deep process expertise and defensible niches

CNC MachiningMetal FabricationStamping & FormingCasting & Moulding

Automotive Components

Tier 2/3 suppliers to Ontario's automotive corridor with proven OEM relationships

Tooling & DiesStructural AssembliesInjection MouldingStampings

Industrial Equipment & Automation

Builders of custom machinery, capital equipment, and automation systems

Custom MachineryAutomation SystemsMaterial HandlingProcess Equipment

Aerospace & Defense Components

AS9100-certified manufacturers supplying the Canadian aerospace supply chain

Machined ComponentsStructural PartsSpecial ProcessesAssemblies

Technology-Enabled Manufacturing

Industry 4.0-ready operations with digital integration and high general purpose technology (GPT) alignment potential

IoT-Integrated ProductionVision SystemsRobotics IntegrationSmart Tooling

Industrial Distribution & Services

B2B industrial distributors and specialty service providers with recurring customer bases

MRO DistributionIndustrial SuppliesSpecialty ChemicalsTechnical Services

Ready when you are.

Two paths. One partner.

Thinking about selling?

You've built something exceptional. Let's talk about what a long-term partnership looks like — one that honours your legacy and takes the business further.

Start a conversation →

Not ready yet?

We offer operational advisory to help manufacturing owners improve systems, increase enterprise value, and plan succession — on your terms and timeline. That work happens through ForgeShift Advisory.

Explore ForgeShift advisory →

Common questions

: We look for businesses with EBITDA between $750K and $3M and revenue between $3M and $30M, based in Ontario, with at least five years of operating history.
: If you're not ready to sell or want to improve the business first, ForgeShift Advisory offers operational advisory to manufacturing owners — improving systems, increasing enterprise value, and planning succession on your timeline.
: Our current focus is Ontario. If you're outside Ontario and believe there's a strong fit, reach out — we're open to a conversation.
: Both — the key is a defensible niche, a capable team, and earnings that reflect the real economics of the business. Asset intensity is not a disqualifier.

Wondering if you're a fit?

The surest way to find out is a conversation.

Start a conversation →What the process looks like →