Ocean Sales Group Ltd.

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Ocean Sales Group Ltd. - overview

Established

1983

Location

Calgary, AB, Canada

Primary Industry

Retail

About

Based in Alberta, Canada and founded in 1983 by George McBride, Ocean Sales Group Ltd. operates as a seller of household products. In January 2018, The Western Investment Company of Canada Limited acquired Ocean Sales Group Ltd. for USD 9.


5 million. The company serves customers across Canada and the US and has warehouses in Quebec, Ontario, and Washington State. The company offers an extensive catalogue featuring products including household, cleaning, wellness and leisure, kitchen, and bundles and gifts. The firm’s portfolio of products includes a cooling pillow, steam mop, cleaner kit, mattresses, cordless vacuum, carbon tuff scrubbies, massager, hand cream, fitness board, smart living stretch seat, food storage container set, and more.


Ocean’s products are accessible through its multiple online shops.


Current Investors

Western Investments

Primary Industry

Retail

Sub Industries

Household Appliances, Department Stores, Internet

Website

www.oceansales.ca/

Verticals

E-commerce

Total Amount Raised

Subscriber access only

Ocean Sales Group Ltd. - 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)
LP DirectCompletedOcean Sales Group Ltd.-

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