Materials Handling Solutions LLC

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Materials Handling Solutions LLC - overview

Location

-, SC-South Carolina, US

Primary Industry

Industrial Machinery

About

Materials Handling Solutions LLC is a company focused on designing, selling, and maintaining overhead crane and material handling systems for various industrial sectors. Founded in Duncan, US, Materials Handling Solutions LLC offers specialized material handling systems. The company was acquired by Crane 1 Services, Inc. in June 2019.


The details of the acquisition were not disclosed. MHS LLC specializes in the design, sales, and maintenance of overhead crane and material handling systems, offering a comprehensive suite of products including cranes, hoists, conveyors, and custom material handling solutions. The company's main offerings are engineered to streamline industrial operations across various sectors, ranging from automotive and consumer appliances to food processing and aerospace. MHS's client base includes prominent corporations such as BMW, Caterpillar, and GE, among others, which utilize these systems for efficient material handling and logistics within their facilities.


The company employs a vertical integration model, allowing it to manage the entire lifecycle of its products from design to installation and ongoing maintenance. MHS services a diverse range of geographical markets, providing solutions not only throughout the United States but also extending to international clients. The revenue generation model for MHS LLC primarily revolves around direct B2B transactions, where customized material handling solutions are designed and implemented for industrial clients. The company engages in contracts that may include the sale of individual products, such as cranes and hoists, as well as comprehensive service agreements encompassing installation and maintenance.


Clients typically initiate projects based on specific operational needs, and MHS provides tailored estimates and project plans before the commencement of work. Revenue can also stem from selling replacement parts for existing systems, ensuring that MHS remains a key partner in the operational success of its customers. The structured pricing reflects the complexity and customization of the solutions offered, reinforcing the company's commitment to meeting diverse customer needs efficiently and effectively. Following its acquisition in June 2019, MHS LLC is poised for growth with plans to expand its product offerings and enhance its market presence.


The company is currently developing new material handling solutions to launch in the upcoming year. MHS aims to penetrate additional geographic markets beyond the United States, focusing on regions with growing industrial sectors by 2024. Recent funding from the acquisition will be utilized to support product development and market expansion initiatives.


Current Investors

Crane 1 Services, Inc.

Primary Industry

Industrial Machinery

Sub Industries

Industrial Machinery

Website

www.mhs-llc.com

Verticals

E-commerce

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Materials Handling Solutions 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)
Add-onCompletedMaterials Handling Solutions LLC-

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Materials Handling Solutions LLC - employee data

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