National Automation Services Inc. is a company focused on designing, engineering, installing and maintaining advanced control systems for a wide variety of industries. These industries include water treatment, waste water treatment, power plants, bottling plants, breweries, airports, metals and mining, food processing, plastics, textiles and many other production activities.
The market leaders in the $500 billion global automation controls market include Siemens, Honeywell, Johnson Control and others. In the tier below the multinationals, it is estimated that there are about 300 local and regional firms in the United States providing automation control services. In general, these smaller firms have an edge over their bigger competitors because they are more flexible. This flexibility allows them to respond better to the needs of local businesses and municipalities.
NASV has a bold strategy for its growth in this industry. The company aims to acquire and integrate the strongest local and regional players. This would allow NASV to have the efficiencies of a national company while retaining the competitive advantages of a local company that knows its local market very well.
Of the 300 smaller companies around the country, 42 meet National Automation Services’ criteria for acquisition. NASV has identified 11 of these companies which are to be targeted for acquisition over the next two years. These acquisitions will be the next step in the company’s quest to become the premier provider of automation and control systems nationally. If all goes according to plan for the company, NASV projects year-end 2010 revenues of more than $47 million and year-end 2011 revenues of over $140 million.
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