The company is a legacy heavy equipment parts reseller that distributes ground-engaging parts and product support to the construction industries.
Key Aspects:
• Operating for over 45 years
• FYE 2023 revenue of $3.5 million
• Revenue CAGR of 7.6% over the last four years
• Innovative equipment tools and parts that improve efficiency and longevity of heavy equipment
• Well established- client base built over four decades with 80% being repeat clients
• Long-term strategic alliances with manufacturers that offer cutting edge equipment parts
• Strong reputation for high quality heavy equipment parts
Opportunities:
• The Federal Infrastructure and Jobs Act, passed in November of 2021, is expected to continue the demand for construction equipment
• Drill down on current supplier product lines to further expand product selection
• Expand brand awareness to continue to grow client base
• Company possesses capabilities expand into providing equipment to other industries with minimal investment
Headquartered:
• Southern U.S.
Current Markets:
• The company sells to a wide market in the construction and infrastructure industries.
Real Estate:
• The business operates from a 12,500 square-foot combination warehouse and office property. The real estate is owned by the company and is available for sale or lease as part of a transaction. There is room to grow in the current location.
Shareholder Objectives:
• The owners are seeking an eventual exit to pursue other unrelated interests. Owners are willing to remain on for a negotiable period to ensure a smooth transition.
