Master Cutlery LLC

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Master Cutlery LLC - overview

Established

1982

Location

Secaucus, NJ, US

Primary Industry

Defence

About

Master Cutlery LLC is a wholesale supplier specializing in a wide array of knives, catering to the outdoor, survival, and self-defense markets. The company also offers swords and martial arts equipment, focusing on affordability and craftsmanship. Founded in 1982 and headquartered in Secaucus, New Jersey, Master Cutlery LLC specializes in wholesale knife distribution. The company has not undergone significant changes in its business strategy and operates independently.


There are no known subsidiaries or parent companies. The CEO, Mike Harrington, leads the firm, which had a recapitalization deal with Champlain Capital Partners in April 2015, although financial terms were not disclosed. The company has engaged in a single deal since its inception. Master Cutlery LLC specializes in a diverse range of wholesale knife products for retailers and distributors in outdoor, survival, and self-defense markets.


Their offerings include spring-assisted knives, fixed blades, and various folding knives aimed at everyday carry (EDC) and tactical uses, as well as hunting and survival applications. Additionally, they provide fantasy and historical swords, martial arts training tools, and accessories for collectors and practitioners. The company emphasizes superior craftsmanship and affordability, serving a broad clientele that spans international markets. Master Cutlery operates primarily through a wholesale distribution model, generating revenue via direct sales to retailers and distributors rather than individual consumers.


The focus on bulk transactions allows clients to access a wide selection of products at wholesale prices. Their transactions include order fulfillment tailored to client needs, with options for custom orders or bulk purchases, particularly of tactical and survival knives. The pricing structure favors larger orders, enhancing cost efficiency for retailers while ensuring value through quality products and customer service. Master Cutlery LLC plans to unveil new products designed for outdoor enthusiasts by the end of 2024, focusing on innovative knife designs that cater to evolving market demands.


The company is targeting expansion into European and Asian markets, aiming to establish a presence in these regions by 2025. The recapitalization by Champlain Capital Partners in April 2015 will support these initiatives, providing necessary financial resources for product development and market entry. The strategic focus on expanding their geographic reach and product offerings is integral to their growth plan.


Current Investors

Champlain Capital Partners

Primary Industry

Defence

Sub Industries

Defence, Search Engines

Website

www.mastercutlery.com

Verticals

E-commerce, Manufacturing

Company Stage

Mature

Total Amount Raised

Subscriber access only

Master Cutlery LLC - 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)
RecapitalisationCompletedMaster Cutlery LLC-

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Master Cutlery LLC - employee data

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