Lake Norman Marina, Inc.

Sherrills Ford, North Carolina

Classification

Private

About

About

Lake Norman Marina, Inc. is a company in the marine industry. With a focus on providing comprehensive marine services, the company has established itself as a premier destination for boat enthusiasts and watercraft aficionados. The marina offers a wide array of services, including boat sales, rentals, storage, maintenance, repair, and accessory sales. Their commitment to customer satisfaction, along with their prime location and top-notch facilities, positions Lake Norman Marina as a prominent player in the regional boating and recreational watercraft market. Product Breakdown: Boat Sales: Lake Norman Marina offers a diverse inventory of new and used boats, catering to various preferences and budgets. These range from pontoon boats, fishing boats, speedboats, and luxury yachts, sourced from reputable manufacturers. Boat Rentals: To accommodate visitors and locals who prefer temporary access to boats, the marina provides rental services. This allows individuals to experience the thrill of boating without the commitment of ownership. Storage Services: The marina offers secure storage facilities for boats, providing both wet slips and dry stack storage options to ensure the safety and preservation of customers' watercraft when not in use. Maintenance and Repair: Lake Norman Marina's skilled technicians offer maintenance and repair services, ensuring boats remain in top condition. This includes engine maintenance, detailing, fiberglass repairs, and other technical services. Accessories and Parts Sales: Complementing their boat services, the marina sells a wide range of accessories and parts. From safety equipment, navigation tools, to water sports accessories, customers can find various products to enhance their boating experience.

Financials

Revenue & Profit

Revenue

Valuation

Valuation

Ratios

Revenue / EBITDA
$123 MM
Valuation / Revenue
$123 MM
Valuation / Employees
$123 MM
EBITDA / Revenue
$123 MM
1-Year CAGR (Revenue)
03
3-Year CAGR (Revenue)
11
1-Year CAGR (Employees)
19
3-Year CAGR (Employees)
96

People

Employee Figures

Employees

Key Executives

NameTitleSocialsEmailPhone
John DoeEmployee
--
Jane DoeEmployee
John DoeEmployee
John DoeEmployee

401K

Total Active Participants
1234
No. Participants with Account Balances
56789
Total Liabilities Start of Year
1234
Total Assets Start of Year
56789

Deals

M&A2024-03-15Completed

Seller

Founders Group

Investor Sponsors

NorthBridge PE

Deal Amount

$120M

Target Company Valuation

$1.20 MM

Techniques

Acquisition of Assets, Taken Private

Stake Tags

100%

Is PE deal

Yes

Is deal PE backed

Yes

Total Acquired

100%

Secondary Transaction2023-09-01Canceled

Target

BrightHealth Technologies

Seller

Early Investors Consortium

Investor Sponsors

--

Deal Amount

Undisclosed

Target Company Valuation

NaN

Techniques

Secondary Sale, Management Buy-out (MBO)

Stake Tags

Majority

Is PE deal

No

Is deal PE backed

Yes

Total Acquired

65%

Funding

Keywords

Keywords

Classified

Private