Stewart-Macdonald Manufacturing Company, Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Stewart-Macdonald Manufacturing Company, Inc. - overview

Established

1968

Location

-, OH, US

Primary Industry

Consumer Products

About

Stewart-Macdonald Manufacturing Company, Inc. specializes in providing tools, supplies, and resources for building and repairing stringed instruments, serving both amateur and professional luthiers with high-quality products. Stewart-Macdonald Manufacturing Company, Inc. was founded in 1968 and is headquartered in Athens, US.


The company is focused on producing tools and materials for luthiers and has undergone a strategic shift to enhance its product offerings. In February 2016, the company was fully acquired by Champlain Capital Partners, although the financial terms of the transaction were not disclosed. The firm has engaged in one deal since its inception. StewMac is a specialized provider of tools, supplies, and resources dedicated to building and repairing stringed instruments, catering to both amateur and professional luthiers.


The company's core offerings encompass a comprehensive range of luthier tools, quality tonewoods, electronic components, and instrument kits, aimed at enhancing the experience of building and maintaining guitars, violins, mandolins, and various other stringed instruments. Among its flagship products are the StewMac Pickups and the Super Rare Pale Moon Ebony Neck Blanks, which are highly sought after in the music industry for their superior quality and performance. StewMac serves a diverse customer base that includes individual luthiers, music educators, and retail shops across North America, Europe, and Asia, effectively addressing the needs of those engaged in instrument construction and repair. The company's commitment to providing high-quality materials and instructional resources has solidified its reputation as a trusted partner within the global luthier community.


StewMac generates revenue through a direct-to-consumer sales model, offering a wide array of products via its e-commerce platform. The company's transactions typically involve individual purchases by consumers, as well as bulk orders from retailers and schools involved in music education. Revenue streams are driven by sales of its proprietary products, including specialized tools and instrument kits, which appeal to both hobbyists and professionals in the string instrument market. Pricing structures for these offerings are strategically set to reflect the quality and craftsmanship associated with the StewMac brand, with numerous options available across various product categories.


Through its commitment to providing quality and innovative solutions, StewMac maintains a strong transactional relationship with its customers, further solidifying its position in the industry. As of February 2016, following the acquisition by Champlain Capital Partners, Stewart-Macdonald Manufacturing Company, Inc. is expected to enhance its product line with the introduction of innovative tools and materials designed for luthiers, although specific new product releases have not been disclosed. The company is also exploring expansion opportunities into new markets, particularly targeting European and Asian regions to broaden its customer base.


Investments from the recent acquisition are anticipated to support these initiatives, particularly in enhancing product development and marketing efforts to reach these new geographical areas.


Current Investors

Champlain Capital Partners

Primary Industry

Consumer Products

Sub Industries

Recreational Hobbies & Sporting Goods, Search Engines

Website

www.stewmac.com

Verticals

E-commerce, Manufacturing

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Stewart-Macdonald Manufacturing Company, 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)
BuyoutCompletedStewart-Macdonald Manufacturing Company, Inc. -

Displaying 1 - 1 of 1

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.