Outright Purchase

Key Challenge

Plethora Corporation – Marietta, GA: ONYX, with two strategic partners, executed an out-right purchase of all machinery & equipment and inventory of Plethora Corporation in conjunction with the company’s Assignment for the Benefit of Creditors. The sale was a complete closure of its Marietta, GA facility and featured Late-Model Haas CNC Machining & Turning Centers.  

Key Takeaway

Plethora was an on-demand manufacturer of autonomous vehicle consumer electronics and custom prototypes and end-production parts used in the defense and aerospace, medical devices, robotics, and automotive industries. The assets were offered in a 2-day auction format.

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