MMEC Case Study – How to prepare Montana’s PDM to be attractive to potential buyers and most ready for a change of control.

The Montana Manufacturing Extension
Center (MMEC) had long enjoyed a successful
partnership with PDM, and in 2016 was
collaborating with the company on a broad
range of projects, including ISO certification
and Lean improvements. Groff was starting
to think about the “third act” of his life and
career, including how to transition out of a
full-time role at PDM, as well as ownership. He
and MMEC began to have conversations about
how to prepare the company to be attractive to
potential buyers, and most ready for a change
of control.