Custom Fab Solutions

Quazar Capital Corporation is pleased to announce that Custom Fab Solutions, LLC (“CFS”) has been acquired by Apollo Technology Group, LLC. Quazar Capital Corporation (“Quazar”) advised CFS in the transaction.

The Shareholders of CFS made a strategic decision to find a partner who would continue to grow the business and create synergies with its current offerings. They chose Quazar as their M&A Adviser primarily due to Quazar’s industry experience, extensive network, and reputation for successfully working with privately held businesses.

Quazar received nationwide interest from strategic buyers and financial buyers. The Shareholders ultimately decided that a local Buyer with extensive industry experience would be the best fit to continue to grow the business and create new opportunities for its employees.

“We were impressed with Quazar’s ability to identify different buyers who would each bring unique expertise to CFS. Ultimately, we were most excited about the vision Apollo Technology Group had for the business. Quazar helped achieve a positive outcome for all of the Shareholders, and we are very optimistic for the future of CFS.”   – Larry Vortherms, Vice President and former Shareholder

“The addition of CFS to the Apollo Technology Group family of companies aligns perfectly with our strategy of acquiring high-quality, technology driven manufacturing, engineering, and service businesses. We are excited to work with the CFS team on continuing to grow the business.” – Al Bly, Founder of Apollo Technology Group

Custom Fab Solutions, LLC (customfabsolutions.com) provides contract manufacturing services for the semiconductor, photovoltaic, bio-pharmaceutical, water treater, and other technology industries. The company also manufactures capital equipment for chemical delivery, blending, recovery, and processing. The company is based out of Chanhassen, Minnesota.

Apollo Technology Group, LLC (apollotechnologygroup.com) combines over 45 years of experience in equipment fabrication, strong engineering expertise and cutting-edge technology to create valuable and innovative solution for its customers.

Quazar (quazarinc.com) is a Minneapolis-based Investment Bank founded in 1990. Quazar specializes in working with privately-held businesses within various industries, including: manufacturing, distribution, business services, technology, and consumer. Quazar provides both sell-side and buy-side advisory services to companies in the lower middle and middle-market.