Grinnell Teaser-V4 - 321 Capital Partners

321 CAPITAL PARTNERS, INC.
NOVEMBER 2013
B ra n ded Ma n u f ac t urer of Ha rds c a pin g Produ c t s
Seeks Equity Pa rtner or Entirety Sale
Overview
DEAL AT A
GLANCE
INDUSTRY
Hardscapes Manufacturing
LOCATION
NorthEast, USA
KEY DETAILS
Peak Revenue of $25MM
2012 Revenue of $4.3MM
Capacity- $30MM/Yr
4 Mfr. Plants:
-Pavingstone
-Wall
-Tumbling
- Wet Cast
12,000 sq. ft. Corp. Headquarters
CONTACT
Erik Endler:
410-442-1508
erik@321capitalpartners.com
Erv Terwilliger: 410-489-4949
erv@321capitalpartners.com
The Company was founded in 1983 and is widely regarded as one of the first manufacturers of pavingstones in the Northeast United States. The Company manufacturers all of its products on a 55 acre site complete with an on-­‐site 12,000 sq. G. corporate headquarters. Three separate producHon faciliHes produce pavingstones, retaining-­‐
wall stones and paHo products, and licensed, engineered wet-­‐cast concrete products designed to emulate natural stone. The company also has a “tumbling” plant onsite to give pavingstones and certain other concrete products a weathered appearance, which is preferred by some customers and homeowners.
At their peak, and while supplying one of the big-­‐box home improvement retailers, The Company achieved a revenue-­‐high of $25MM for fiscal year ending 2004. Since that Hme, management added the tumbling plant, as well as the licensed wet-­‐cast plant, and believes that the Company is capable of producing upwards of $30MM in product per year without major capital expenditure.
The Company now sells product through a team of sales representaHves in territories from Maryland, through North Jersey, porHons of New York, and ConnecHcut. The Company also has the exclusive license to sell the wet-­‐cast products in the northern half of New Jersey, eastern Pennsylvania and parts of New York. In addiHon, the Company maintains a fleet of vehicles to deliver products to its customers. Customers include hardscape distributors, lawn and garden centers, nurseries, mason yards, and landscapers.
Current Situation
The Company finds its producHon severely constrained by a lack of available working capital, caused by a series of events ranging from a soG economy to management’s expansion into non-­‐related businesses. Management believes that, with proper working capital, the decoraHve wet-­‐cast plant could be run to full capacity and its output completely sold to customers (approximately $1.7mm in addiHonal revenue). 321 Capital Partners is seeking qualified investor/buyers for this opportunity. For more details please execute the following ConfidenHality Agreement and return via fax: 443-­‐320-­‐9225, or email: ca@321capitalpartners.com. 321 Capital Partners, Inc. -6030 Marshalee Dr - Suite 630- Elkridge, MD 21075
www.321capitalpartners.com
CONFIDENTIALITY AGREEMENT
HARDSCAPES MANUFACTURER – NOVEMBER 2013
This Non-Disclosure Agreement, (hereinafter “Agreement”), which shall be regarded as a mutual and
reciprocal contract between the Parties, is made and entered into as of this
day of
2013 by and between 321 Capital Partners, Inc. and
,
.
WHEREAS, The Parties hereto are desirous of establishing a mutually-beneficial business relationship for the
entirety sale, refinance, investment, or joint venture partnership of a Northeast based Hardscapes
Manufacturer, herein referred to as “The Company”. The Parties hereto are prepared to disclose information
or data of a confidential nature, including but not limited to financial information, client information,
business concepts, business strategies, business opportunities, business relationships and sources of capital
and financing.
NOW THEREFORE, in consideration of the mutual agreements contained herein,
1.
The Parties agree to hold all confidential or proprietary information or trade secrets (“information”)
in trust and confidence and agrees that it shall be used only for the contemplated purpose, and shall
not be used for any other purpose or disclosed to any third party under any circumstances
whatsoever except as may be necessary to complete the desired results above.
2.
No copies may be made or retained of any written information supplied.
3.
When requested all materials are to be returned or destroyed.
4.
This information shall not be disclosed to any employee, consultant or third party unless the said
party agrees to execute and be bound by the terms of this Agreement.
5.
It is understood that either Party would have no obligation with respect to any information known by
the other Party in this Agreement or as may generally be known within the industry prior to the date
of this Agreement, or that shall become common knowledge within the industry thereafter.
6.
The Parties acknowledge the information disclosed herein is proprietary or trade secrets and in the
event of any breach, either Party shall be entitled to injunctive relief as a cumulative and not
necessarily successive or exclusive remedy to claim for monetary damages.
7.
This agreement shall be binding upon and inure to the benefit of the Parties, their successors and
assigns.
8.
Each Party acknowledges that this Agreement is a valid and legally binding obligation that has been
executed by an authorized representative. A copy of this Agreement transmitted via facsimile,
bearing the signature (or e-signature) of one or both Parties shall be deemed to be of the same legal
force and effect as an original of the Agreement bearing such signature(s) as originally written by
such one or both Parties.
In witness of this, the Broker and the Recipient have executed this Agreement as of the day and year first
written above.
Signature:
321 Capital Partners Signature:
Print Name:
Date:
Date:
Email:
Phone:
321 Capital Partners, Inc. - 6030 Marshalee Dr. - suite 630 - Elkridge, MD 21075
www.321capitalpartners.com