Description:
The Company is a Tier Two supplier of sustainably sourced teak and specialty hardwoods for high-end marine, residential, and commercial end markets. The Company maintains an inventory of teak and alternative hardwood products for yacht construction and refit projects, as well as for architectural millwork and luxury residential applications. The Company supports ongoing demand through established sourcing relationships and consistent product availability.

Key Aspects:
• The Company maintained strong average gross profit and adjusted EBITDA margins of 41.2% and 19.5%, respectively, from 2022 to 2025.
• The Company maintains long-standing customer relationships, supporting recurring demand through consistent product availability and established sourcing capabilities.
• The Company targets specialized end markets, including marine and luxury residential and commercial applications, enabling premium pricing.
• The Company maintains a substantial inventory of specialty hardwood products to support near-term fulfillment and reduce customer lead times.
• Management notes that the Company's inventory includes premium Burmese teak products, acquired before trade restrictions, supporting product availability in a supply-constrained market.

Opportunities:
• Establish additional complementary product offerings, such as teak deck caulking and hardware, to expand product mix and capture additional wallet share.
• Expand participation in large-scale luxury residential and commercial construction projects through direct engagement with developers and contractors.
• Expand the Company's distribution footprint by establishing relationships with additional yacht builders, refit yards, millwork providers, and luxury residential builders in underpenetrated markets.

Headquartered:
• Southeast, US

Current Markets:
• The Company generates revenue from a diversified customer base, including yacht builders, refit companies, millwork providers, and luxury homebuilders throughout the United States, with international sales to customers in Latin America and the Caribbean.

Real Estate:
• The Company operates from a 4,000 sq. ft. facility owned by an affiliated entity to support inventory storage and logistics.
• Management notes that the facility is not expected to be included in the sale of the Company; however, a long-term lease may be established post-sale.

Shareholder Objectives:
• The Company is equally owned by two shareholders seeking full exits to pursue other unrelated business opportunities.
• Both owners are willing to remain with the Company for a negotiable period to ensure a smooth transition to new ownership.