June 8, 2022

Buying Manufacturing Businesses with Rhett Ross

Small Business is the life blood of the economy. Many small manufacturing companies start and grow across multiple generations of the same family. At some point in their life, many reach a point of stability (low to no growth) and lack of interest by future family generations leading to divestiture. Operation by a family is different than operation by investors. Managing this transition to ensure business continuity, employee retention and growth, and customer satisfaction is paramount to ensure success for the investors and retention of manufacturing capabilities in the U.S. Based on experience completing multiple acquisitions of small, family owned businesses globally, we have honed a process to transition businesses between models.

Mr. Ross has more than 35 years of international business, M&A, engineering design, business development and manufacturing leadership in industrial sectors including aerospace/defense, electric vehicle power systems, industrial gases, nuclear power, engineering services, and alternative energy.  Mr. Ross’ career highlights include leadership of two early-stage technology companies, four business restructurings ranging in revenue from $10 million to $120 million, international mergers and acquisitions with enterprise value up to $200 million and completing a public offering of Continental Aerospace Technologies on the Hong Kong Stock Exchange.  After successfully finishing a career at Continental Aerospace, Mr. Ross has become involved in manufacturing business M&A as an Independent Sponsor, Family Office and a Director of Deuce Drone LLC, an emerging technology company developing last mile package delivery service solutions using small, unmanned aerial vehicles.



Mr. Ross holds a Bachelor of Science in Nuclear Engineering and a Master of Engineering in Mechanical Engineering, both from the University of Florida.  After finishing school, Mr. Ross started his career as an officer in the United States Navy’s Submarine Service.

 

Rhett RossProfile Photo

Rhett Ross

CEO | Director | Private Equity | M&A | IPO | Strategic Planning | Business Transformation | International Operations

Mr. Ross has more than 35 years of international business, M&A, engineering design, business development and manufacturing leadership in industrial sectors including aerospace/defense, electric vehicle power systems, industrial gases, nuclear power, engineering services, and alternative energy. Mr. Ross’ career highlights include leadership of two early-stage technology companies, four business restructurings ranging in revenue from $10 million to $120 million, international mergers and acquisitions with enterprise value up to $200 million and completing a public offering of Continental Aerospace Technologies on the Hong Kong Stock Exchange. After successfully finishing a career at Continental Aerospace, Mr. Ross has become involved in manufacturing business M&A as an Independent Sponsor, Family Office and a Director of Deuce Drone LLC, an emerging technology company developing last mile package delivery service solutions using small, unmanned aerial vehicles.

Mr. Ross holds a Bachelor of Science in Nuclear Engineering and a Master of Engineering in Mechanical Engineering, both from the University of Florida. After finishing school, Mr. Ross started his career as an officer in the United States Navy’s Submarine Service.