LR Dynamics Purchases Manufacturing Businesses Whose Products and Services Align with the Offerings of our Family of Companies.
Our Mission
LR Dynamics will create a diverse family of companies that together create long-term, sustainable value for customer, employees, owners, and the communities in which we operate. Instead of “fixing and flipping,” we transform our investments into long-term contributing members of our family by infusing them with the values, strategic thinking, and operational practices that have been in our DNA since we started in 1949.
our process
Let us show you why we are the right buyer for your company. We get what it’s like to run a manufacturing business and so we approach each potential acquisition from that perspective. Here is what you can expect from our straightforward process:
Get to know you
At this point of the process we just want to get to know each other better. What are you passionate about? What has made you successful in your business? What matters most to you in your business? What do you love doing the most in your business? What are your concerns about selling your business? What are your future plans for retirement or the next adventure? This is also a good opportunity for us to share our goals and dreams and how we think your business fits with us. We like to think we are easy folks to talk to and this stage of the process is pretty fun and exciting.
Get to know your business
If everyone is feeling good after the first stage, we move to the nitty-gritty details about your business. The goal of this stage is for us to determine if it makes financial and strategic sense for us to make an offer. We cover things such as general size and scope of your business (revenue, employee count, structure, etc.), operational approach (i.e. your processes), market size and competitive landscape, product features and differentiators, equipment (maintenance history, current status, cost of replacement, etc.), deeper financial metrics such as cash management, profit, assets and liabilities. At this stage we also strive to determine your ongoing role in the business if applicable.
Make you an offer
With a lot of the homework behind us we should be able to make a decision to move forward or not. If we decide to pursue the acquisition, we will provide a letter of intent that outlines the details of the deal. Once the letter of intent is accepted by everyone involved, we then begin the due diligence process where we basically work to verify all of the information we discovered in the previous steps. We view ourselves as long-term stewards of the legacy of the previous owner, so we work hard at this stage to make sure we feel 100% about everything.
Close the deal and integrate your business into our business
This is probably the most fun part for you as the owner. It’s your pay day after all! All of the long hours of hard work culminate with a financial reward that will bless you and yours for years to come. For us it’s the beginning of the careful process of adding a new member to our family of companies. It’s exciting for us too!