Investment:
Expression of Interest
Ref: 1985
- Well established national supplier of specialised industrial equipment to the oil and gas, mining and infrastructure sectors.
- Turnover $16M+.
- Substantial asset platform: $13M of tangible assets across rental fleet, inventory and net working capital that is difficult to cost-effectively replicate.
- Exclusive supply position: multiple exclusive and near-exclusive Australian distribution arrangements with established international manufacturers.
- Established vendor position: approved across tier 1 and 2 contractors and asset owners in sectors where onboarding is lengthy and restrictive, creating a pre-qualified position difficult to replicate.
- Embedded across the contractor supply chain: demand is largely independent of contract award outcomes, providing structural insulation across project cycles.
- Diversified customer base with revenue quality: low customer concentration and ongoing demand from consumables, hire income and maintenance activity.
- Significant earnings upside: multiple identified growth levers across the existing platform, including under-utilised hire capacity, cross-sell, geographic expansion and bolt-on acquisitions, each supporting margin-accretive growth as volumes scale.
- Defined transition: long-tenured leadership team holds customer and supplier relationships, supporting continuity post-completion.
- With key end markets entering a multi-year phase of sustained investment, the business sits at a strategic inflection point on an established platform already built for scale.
