Footprint

U.S. headquarters with sales/purchasing and logistics, supplemented by Europe and Asia warehouse partnerships for regional consolidation and faster lead times. Online catalog and direct RFQ model support global coverage - 300+ customers across 100+ countries.

Customers

Commercial shipowners/operators, OEMs, and MROs; U.S. government demand fulfilled through DLA orders. RFQs handled via direct email/portal; dealership relationships cover 10–15 manufacturers; special strength in starter/engine components families and related systems.

Exclusive and non-exclusive dealership agreements with 10-15 marine manufacturers including Mitsubishi, Kawasaki, MAN, Caterpillar, and Wärtsilä. Government contract capabilities include DLA-certified marine equipment supply.

Financial mix

Revenue: ~$7.0M (FY end June 30).
EBITDA: ~$0.7M (10%).

Margin dynamics: high-margin categories include China-sourced inventory (historically ~3.5× markup); government/DLA work ~5% margin; blended gross spreads managed via multi-warehouse sourcing and consolidated freight.

Cost structure: lean U.S. team supported by international vendor and warehouse partners.

Investment highlights

Ownership Structure

Current ownership

Privately held with two owners

Privately held. Sale process recently initiated; owners are open to structuring a transaction that preserves continuity and unlocks growth with a strategic or financial partner. Transition support available; detailed terms to be discussed upon introduction.