Cetec Corporation

Cetec Corporation

Cetec Software Services, Inc., is a wholly-owned subsidiary of Belgrave Industries, Inc., a closely held company with annual revenues of approximately US$18 million. Belgrave Industries, Inc. is based in El Monte , California with operations throughout the Greater Los Angeles area. Cetec Software Services, Inc. is engaged in the development and sale of an enterprise wide software suite for electronics distributors.

OEM Capital worked closely with the management of Cetec Software Services, Inc. to assist it in the purchase of the business from Belgrave Industries, Inc. shortly after the formation of Belgrave Industries, Inc. Belgrave Industries, Inc. had determined that a software business did not fit its strategic objectives and, therefore, did not wish to invest in migrating the software to a new operating system. A prompt sale of Cetec Software Services allowed Belgrave Industries, Inc. to reduce its debt and concentrate on its core businesses.

Our success with Cetec Software Services, Inc. illustrates that , whether a business is healthy, under performing or distressed, superior valuations can be realized for the selling shareholders by a well-executed approach to a sale or divestiture by merger and acquisition professionals who are knowledgeable about the industry and the intentions of its participants.