True North Mergers & Acquisitions and Sunbelt Business Advisors facilitated the sale of Fargo Engineering Inc. to Legacy Ventures Group, enabling enhanced growth opportunities in the engineering solutions sector.

Information on the Target

Fargo Engineering Inc. is an established engineering solutions and technology services firm located in Fargo, North Dakota. Founded in 2011, the company specializes in providing automated test systems and services for manufacturers involved in the design, production, and support of complex industrial goods, particularly those that include sophisticated electronics and electro-mechanical devices. With a reputation for quality and innovation, Fargo Engineering serves various markets, including global Original Equipment Manufacturers (OEMs), and has developed a strong portfolio of solutions to meet diverse industrial needs.

The firm is well-positioned in a growing sector, striving to enhance operational efficiencies and performance for its clients. Fargo Engineering’s commitment to technology innovation and customer satisfaction has established it as a trusted partner for manufacturers looking to improve their testing capabilities and product quality.

Industry Overview in North Dakota

The engineering services industry in North Dakota is evolving, marked by a notable increase in M&A activities, particularly within technology, software, and hardware sectors. This trend is significantly attributed to the growing demand