Niche Leading Manufacturer/Supplier of Mission Critical Hardware and Components to the North American Shipbuilding Industry
7 Decades of Rich History, $10M+ Annual Revenue, Strong Long-Term Client Relationships
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Based in the West with distribution across North America, the Company is a family-operated manufacturer producing high-quality electrical systems hardware used predominantly in military fleet manufacturing.
Since 2018, the Company has expanded both revenue and profit margins. Trailing twelve-month revenue totaled $10.5 million with adjusted EBITDA of $3.2M, a 24% Revenue CAGR and 105% EBITDA CAGR since 2018.
With a 75-year legacy in a $30B industry, and patented and highly visible hardware already in place across the US and Canadian fleets, this Company has built a reputation as one of the most trusted names in the segment.
Its decades of experience supplying the US Military and its most critical shipyards have created an impressive network of highly strategic customer relationships, enabling the Company to build a portfolio of products now standard in military fleets, securing sole-source supplier status in many projects, a reliable long-term replacement cycle, and high barriers to entry for would be competitors.
A record backlog of orders, substantial pipeline of military contracts, 30+ years of forward revenue visibility, and multiple potential avenues for growth present a compelling opportunity for investment either as a stand-alone entity, platform, or add-on for a larger value-added industrial hardware/electrical hardware, Aerospace & Defense or niche metal forming platform.
Negotiable - Buyout