Electric boat manufacturer looking for equity investment

An electric boat manufacturer looking for equity investment

• Investment amount: up to 60M EUR
• Share in the company for sale: up to 49%
• Location of the company: Central Europe
• Reason for sale: The owners of the innovative firm are looking to find a partner willing to invest resources into starting a mass production of already developed and tested watercraft
• #CFIE AUS012

Overview of this electric boat manufacturer

This manufacturing company owners have decided to raise equity to enable ramp-up of production, following a global product launch. The owners are looking preferably not for institutional investors, but rather for personal investors willing to be actively involved in the project. The company owners are offering a minority stake in the company – up to 49% share. The owners are trying to secure a targeted amount of 60M EUR in equity in order to drive full R&D and start mass production.

Profile (strategy) of this electric boat manufacturer looking for equity investment

The company for sale manufactures a recreational and sustainable personal watercraft with underwater wings and ground-breaking technology enabling the vessel to fly above the water at speeds of up to 40 km/h. The company was founded by two founders that designed and manufactured the world’s first fully electric powered personal hydrofoiling vessel disrupts the international boating market.

The vessel had an international success at international boat shows. The company already has an international dealership network in 16 markets. The investment would enable the company to produce up to 20.000 units annually.

The revenue potential is projected at est. 350 M – 400 M EUR in the 4th year after funding with targeted EBITDA margin at 20%+.

Activities and products of this electric boat manufacturer looking for equity investment

This company looking for an investment is a manufacturer of a recreational and sustainable personal watercraft, offering a unique, addictive and exhilarating experience of flying above the water at high speeds.

The technology of the hydrofoiling vessel uses underwater wings and unique patented steering system, which enables the vessel to be lifted above the water surface. The company has one of a kind electric engine and electronic controlling system unit, fully electric powered vessel with fuel consumption costs below 1 EUR per hour of transport. The vessel has a lot of advantages including:

• Eco friendliness
• Silent operation
• Ergonomic and attractive design
• Safety in use
• Usage in seas and on lakes, rivers, eco-zones
• Low total cost of ownership
• Energy efficiency and low power consumption

The pre-orders are coming in from all over the world, vastly exceeding planned initial production. The pre-orders are supported by partial pre-payments with the remaining cash payment collected even before product delivery. For sales, the company uses an existing global dealer network, with additional dealers‘ requests more than 100 countries.

The company includes a team consisting of skilled engineers, nautical enthusiasts, designers, everyday environmentalists, experienced entrepreneurs, and visionaries. The team has several decades of experience in running challenging research and development projects addressing problem solving needs in the automotive and nautical.

The capital raised will serve as a catalyst to fuel a massive surge in revenues and unlock the full potential of the company. The company is expected to show high double-digit EBITDA margins at the onset, sending the business on a self- sustaining growth trajectory. Potential business partners are willing to explore how to apply the technology beyond the existing product.

Highlights of this electric boat manufacturer looking for equity investment

• The owners present an opportunity to be part of an innovative company creating a new global market.
• The company has developed a revolutionary product with unique experience.
• The company incudes an experienced team of visionaries.
• The company is profitable on the go and ready to further augment the vision with more resources.

More information on this electric boat manufacturer looking for equity investment

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