Land 'N' Sea Distributing, Inc.

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Land 'N' Sea Distributing, Inc. - overview

Established

1975

Location

Pompano Beach, FL, US

Primary Industry

Logistics & Distribution

About

Land 'N' Sea Distributing, Inc. specializes in providing marine parts and accessories, serving independent dealers and boating enthusiasts across North America with over 6,000 products designed for safety and performance on the water. Founded in 1975 and headquartered in Pompano Beach, US, Land 'N' Sea Distributing, Inc. focuses on marine distribution.


In June 2003, Brunswick Corporation acquired the company for approximately USD 52. 00 mn, which included cash, notes, and debt assumption. There are no known subsidiaries or pivots in business strategy from available information. Seachoice® offers a diverse array of marine parts and accessories tailored to meet the needs of independent dealers and boating enthusiasts.


With over 6,000 distinct items across 17 product categories, Seachoice® covers essential areas such as lighting, safety equipment, and anchors, enhancing the overall user experience while prioritizing safety and reliability. The primary clients include independent marine dealers and retail outlets throughout North America, serving both coastal and inland regions where boating is prevalent. Seachoice® generates revenue primarily through wholesale transactions with independent dealers and retailers who buy products in bulk for resale. The company actively participates in industry trade shows to bolster product visibility and facilitate direct interactions between manufacturers and dealers.


The pricing of their products is competitive, aimed at maintaining solid relationships with dealers, especially in key product lines involving safety equipment and anchors, which are integral to boating activities. Land 'N' Sea Distributing, Inc. plans to introduce new products to enhance their offerings; however, specific details on product launches or timelines have not been disclosed. The company aims to expand its market presence into additional regions, although target markets or specific timelines for this expansion have not been detailed.


The recent acquisition by Brunswick Corporation in June 2003 for approximately USD 52. 00 mn is expected to support these growth initiatives through enhanced resources and strategic alignment.


Primary Industry

Logistics & Distribution

Sub Industries

Industrial Wholesalers

Website

www.landnsea.com

Company Stage

Acquired

Total Amount Raised

Subscriber access only

Land 'N' Sea Distributing, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedLand 'N' Sea Distributing, Inc.-
Secondary BuyoutCompletedLand 'N' Sea Distributing, Inc.-
GrowthCompletedLand 'N' Sea Distributing, Inc.-

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