Washington Chain & Supply, Inc.

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Washington Chain & Supply, Inc. - overview

Established

1976

Location

Seattle, WA, US

Primary Industry

Ship Building & Repair

About

Washington Chain & Supply, Inc. provides a broad array of marine and industrial products including anchors, chains, and fittings, catering to clients in the marine, industrial, and offshore sectors. Founded in 1976 in Seattle, US, Washington Chain & Supply, Inc. specializes in marine and industrial products.


The company has maintained a consistent focus on providing essential components for anchoring solutions. The most recent significant transaction was in 1987 when Branford Castle Partners acquired Washington Chain & Supply, Inc. , with financial terms not disclosed. Current leadership includes CEO Anthony Baldizzi, along with Astrid Horn-Reimann, Bill Slocombe, Frank Bell, and Fraz Ahmed.


Washington Chain & Supply, Inc. (WCS) specializes in a comprehensive range of marine and industrial products, including anchors, anchor chains, fittings, and various chain attachments. Their core products are designed to meet the needs of the marine, industrial, and offshore sectors, providing essential components for secure mooring and anchoring solutions. WCS's offerings include both new and used products, catering to a diverse client base that encompasses shipbuilders, offshore drilling companies, and marine operators.


The company serves customers primarily across the United States and has expanded its market reach internationally, ensuring that their products are available in various global markets. WCS's ability to deliver products from multiple stocking locations further enhances its service capability, allowing for rapid fulfillment of customer orders. Washington Chain & Supply engages in direct sales of its products through a business-to-business (B2B) model, dealing primarily with companies in the marine and industrial sectors. Revenue is generated through transactions involving the sale of essential equipment such as anchors, chains, and fittings, with clients typically placing bulk orders to meet operational needs.


WCS's transaction structure includes established pricing arrangements for high-volume purchases, with specific terms tailored to the nature and size of the order. The company’s flagship offerings, such as the SRS Mammoth System and Mammoth Shackles, are pivotal to their sales strategy, aimed at providing robust solutions for clients requiring high-performance equipment. Detailed pricing plans are customarily developed during the negotiation phase of sales, aligning the cost structure with the specific needs of their clients. Washington Chain & Supply, Inc.


is not currently launching new products nor targeting expansion into additional markets, as their latest acquisition was in 1987. There are no specified plans for future growth initiatives at this time.


Current Investors

Branford Castle

Primary Industry

Ship Building & Repair

Sub Industries

Marine

Website

www.wachain.com

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Washington Chain & Supply, 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)
BuyoutCompletedWashington Chain & Supply, Inc.-

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