Pure Watercraft, Inc.

Seattle, Washington

Classification

Private

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

About

About

Pure Watercraft is a company that specializes in electric marine propulsion systems, revolutionizing the boating industry by offering sustainable and high-performance solutions. With a strong commitment to reducing the environmental impact of waterborne transportation, Pure Watercraft aims to provide boaters with cutting-edge electric propulsion technology that seamlessly integrates into existing vessels. Product/Service Line Breakdown: Electric Outboard Motors: Pure Watercraft's flagship product is its line of electric outboard motors. These motors are designed to replace traditional gasoline-powered outboards with efficient, high-performance electric alternatives. They offer boat owners the benefits of quiet operation, instant torque, zero emissions, and reduced maintenance requirements. The motors are available in various power outputs to suit different types of boats and usage scenarios. Battery Systems: Complementing their electric outboard motors, Pure Watercraft offers advanced battery systems that are engineered to provide consistent power and range for marine vessels. These battery packs utilize cutting-edge lithium-ion technology to store and deliver energy efficiently. The company emphasizes safety, longevity, and ease of use, ensuring boaters have a reliable power source for their electric propulsion systems. Proprietary Control Systems: Pure Watercraft develops proprietary control systems that optimize the performance and efficiency of their electric propulsion solutions. These control systems integrate with the outboard motors and battery systems, offering users intuitive interfaces, real-time data monitoring, and the ability to customize power settings to match their boating preferences. Installation and Integration Services: To ensure a seamless transition to electric propulsion, Pure Watercraft provides installation and integration services. Their team of experts assists boat owners in retrofitting their vessels with electric systems, ensuring proper integration, safety, and functionality. This service includes assessing the boat's compatibility, installing components, and conducting thorough testing. Consultation and Customization: Pure Watercraft offers consultation services to guide boat owners and marine manufacturers in adopting electric propulsion solutions. They collaborate closely with clients to understand their unique needs, providing tailored recommendations and customization options to ensure optimal performance and user experience.

Keywords

Keywords

Classified

Private