1847 Holdings Explores Strategic Alternatives for CMD
1847 Holdings (NYSE:EFSH) announced it is evaluating strategic alternatives for its subsidiary, CMD Inc., following significant inbound interest from strategic and financial sponsors. The company has engaged BMO Capital Markets to explore potential options aimed at maximizing shareholder value.
CMD, a provider of door solutions, custom cabinetry, and building enhancements, has demonstrated strong financial performance:
- Revenue reached $23.3 million for the nine months ended September 30, 2024, up 21.8% year-over-year
- Gross profit increased 51.3% to $10.8 million
- Operating income grew 85.4% to $6.7 million
- Net income rose 90.6% to $6.6 million
The company serves multi-family residential, institutional, and commercial markets, with a differentiated market position and high-margin business model.
1847 Holdings (NYSE:EFSH) ha annunciato di stare valutando alternative strategiche per la sua controllata, CMD Inc., a seguito di un significativo interesse da parte di sponsor strategici e finanziari. L'azienda ha incaricato BMO Capital Markets di esplorare potenziali opzioni mirate a massimizzare il valore per gli azionisti.
CMD, fornitore di soluzioni per porte, mobili su misura e miglioramenti edilizi, ha dimostrato una forte performance finanziaria:
- Il fatturato ha raggiunto $23,3 milioni per i nove mesi terminati il 30 settembre 2024, in aumento del 21,8% rispetto all'anno precedente
- Il profitto lordo è aumentato del 51,3% a $10,8 milioni
- Il reddito operativo è cresciuto dell'85,4% a $6,7 milioni
- Il reddito netto è aumentato del 90,6% a $6,6 milioni
L'azienda serve mercati residenziali multifamiliari, istituzionali e commerciali, con una posizione di mercato differenziata e un modello di business ad alta marginalità.
1847 Holdings (NYSE:EFSH) anunció que está evaluando alternativas estratégicas para su subsidiaria, CMD Inc., tras un interés significativo por parte de patrocinadores estratégicos y financieros. La empresa ha contratado a BMO Capital Markets para explorar opciones potenciales destinadas a maximizar el valor para los accionistas.
CMD, proveedor de soluciones de puertas, mobiliario personalizado y mejoras en la construcción, ha demostrado un sólido rendimiento financiero:
- Los ingresos alcanzaron $23.3 millones durante los nueve meses que terminaron el 30 de septiembre de 2024, un aumento del 21.8% interanual
- El beneficio bruto aumentó un 51.3% a $10.8 millones
- El ingreso operativo creció un 85.4% a $6.7 millones
- El ingreso neto aumentó un 90.6% a $6.6 millones
La empresa atiende a los mercados residenciales multifamiliares, institucionales y comerciales, con una posición de mercado diferenciada y un modelo de negocio de alta rentabilidad.
1847 Holdings (NYSE:EFSH)는 전략적 및 재무 후원자로부터의 상당한 관심에 따라 자회사 CMD Inc.에 대한 전략적 대안을 평가하고 있다고 발표했습니다. 이 회사는 BMO Capital Markets를 고용하여 주주 가치를 극대화하는 것을 목표로 하는 잠재적 옵션을 탐색하고 있습니다.
CMD는 문 솔루션, 맞춤형 캐비닛 및 건축 개선을 제공하는 업체로, 강력한 재무 성과를 보여주었습니다:
- 2024년 9월 30일로 종료된 9개월 동안 수익이 $23.3 백만에 도달하여 전년 대비 21.8% 증가했습니다.
- 총 이익은 51.3% 증가하여 $10.8 백만에 달했습니다.
- 영업 이익은 85.4% 증가하여 $6.7 백만에 도달했습니다.
- 순이익은 90.6% 증가하여 $6.6 백만에 도달했습니다.
회사는 다세대 주거, 기관 및 상업 시장에 서비스를 제공하며, 차별화된 시장 위치와 높은 마진 비즈니스 모델을 가지고 있습니다.
1847 Holdings (NYSE:EFSH) a annoncé qu'elle évalue des alternatives stratégiques pour sa filiale, CMD Inc., suite à un intérêt significatif de la part de sponsors stratégiques et financiers. L'entreprise a engagé BMO Capital Markets pour explorer des options potentielles visant à maximiser la valeur pour les actionnaires.
CMD, fournisseur de solutions de portes, de meubles sur mesure et d'améliorations de construction, a démontré une solide performance financière :
- Le chiffre d'affaires a atteint $23,3 millions pour les neuf mois se terminant le 30 septembre 2024, en hausse de 21,8 % par rapport à l'année précédente.
- Le bénéfice brut a augmenté de 51,3 % pour atteindre $10,8 millions.
- Le résultat d'exploitation a crû de 85,4 % pour atteindre $6,7 millions.
- Le résultat net a augmenté de 90,6 % pour atteindre $6,6 millions.
L'entreprise dessert les marchés résidentiels multifamiliaux, institutionnels et commerciaux, avec une position de marché différenciée et un modèle commercial à forte marge.
1847 Holdings (NYSE:EFSH) hat bekannt gegeben, dass es strategische Alternativen für seine Tochtergesellschaft CMD Inc. prüft, nachdem es erhebliches Interesse von strategischen und finanziellen Sponsoren erhalten hat. Das Unternehmen hat BMO Capital Markets beauftragt, potenzielle Optionen zu erkunden, die darauf abzielen, den Shareholder-Value zu maximieren.
CMD, ein Anbieter von Türlösungen, maßgefertigten Schränken und Bauverbesserungen, hat eine starke finanzielle Leistung gezeigt:
- Der Umsatz betrug $23,3 Millionen für die neun Monate bis zum 30. September 2024, was einem Anstieg von 21,8% im Vergleich zum Vorjahr entspricht.
- Der Bruttogewinn stieg um 51,3% auf $10,8 Millionen.
- Der Betriebsgewinn wuchs um 85,4% auf $6,7 Millionen.
- Der Nettogewinn stieg um 90,6% auf $6,6 Millionen.
Das Unternehmen bedient die Märkte für Mehrfamilienhäuser, Institutionen und Gewerbe mit einer differenzierten Marktposition und einem margenstarken Geschäftsmodell.
- Strong revenue growth of 21.8% YoY to $23.3M
- Substantial gross profit increase of 51.3% to $10.8M
- Significant operating income growth of 85.4% to $6.7M
- Notable net income improvement of 90.6% to $6.6M
- High inbound interest from potential acquirers indicating strong market value
- Potential sale of profitable subsidiary could impact future earnings potential
Insights
This announcement represents a significant potential value creation catalyst for 1847 Holdings. The strategic alternatives exploration for CMD follows exceptional financial performance, with
What's particularly striking is the apparent disconnect between EFSH's current market capitalization of approximately
The engagement of BMO Capital Markets, which specializes in the building products sector, indicates a sophisticated approach to maximizing value. The "significant inbound interest" mentioned suggests potential competitive bidding that could benefit shareholders through a premium valuation.
Most impressive is CMD's margin expansion. With gross profit growing
Strong Inbound Interest Drives Decision to Evaluate Strategic Alternatives
NEW YORK, NY / ACCESS Newswire / March 25, 2025 / 1847 Holdings LLC (NYSE American:EFSH) ("1847 Holdings" or the "Company") today announced that it is evaluating potential strategic alternatives for its subsidiary, CMD Inc. ("CMD"). This decision is a result of the significant inbound interest from both strategic and financial sponsors, which the Company believes reflects CMD's strong market position, financial performance, and growth trajectory.
BMO Capital Markets Corp., ("BMO") a leading financial institution with deep expertise in the building products sector, will support CMD in exploring potential options that would align with CMD's long-term potential with a goal to deliver optimal value for shareholders.
CMD is a premier provider of door solutions, custom cabinetry, and building enhancements serving multi-family residential, institutional, and commercial markets. With a differentiated market position, high-margin business model, and expanding geographic footprint, CMD has attracted substantial interest from potential acquirers seeking exposure to the sector's growth dynamics.
For the nine months ended September 30, 2024, CMD reported revenues of
"We are excited to work with BMO Capital Markets as we evaluate strategic alternatives for CMD," said Ellery W. Roberts, CEO of 1847 Holdings. "The substantial inbound interest we have received is a testament to CMD's strong market presence and financial performance. Given CMD's impressive growth and the strategic value it presents, we believe this is the right time to explore opportunities that could unlock significant value for our shareholders. With BMO's extensive M&A expertise and deep industry relationships, we believe we are well-positioned to achieve an optimal outcome."
About 1847 Holdings
1847 Holdings LLC (NYSE American: EFSH), a publicly traded diversified acquisition holding company, was founded by Ellery W. Roberts, a former partner of Parallel Investment Partners, Saunders Karp & Megrue, and Principal of Lazard Freres Strategic Realty Investors. 1847 Holdings' investment thesis is that capital market inefficiencies have left the founders and/or stakeholders of many small business enterprises or lower-middle market businesses with limited exit options despite the intrinsic value of their business. Given this dynamic, 1847 Holdings can consistently acquire businesses it views as "solid" for reasonable multiples of cash flow and then deploy resources to strengthen the infrastructure and systems of those businesses in order to improve operations. These improvements may lead to a sale or IPO of an operating subsidiary at higher valuations than the purchase price and/or alternatively, an operating subsidiary may be held in perpetuity and contribute to 1847 Holdings' ability to pay regular and special dividends to shareholders. For more information, visit www.1847holdings.com.
For the latest insights, follow 1847 on Twitter.
Forward Looking Statements
This press release may contain information about 1847 Holdings' view of its future expectations, plans and prospects that constitute forward-looking statements. All forward-looking statements are based on our management's beliefs, assumptions and expectations of our future economic performance, taking into account the information currently available to it. These statements are not statements of historical fact. Forward-looking statements are subject to a number of factors, risks and uncertainties, some of which are not currently known to us, that may cause our actual results, performance or financial condition to be materially different from the expectations of future results, performance or financial position. Our actual results may differ materially from the results discussed in forward-looking statements. Factors that might cause such a difference include but are not limited to the risks set forth in "Risk Factors" included in our SEC filings.
Contact:
Crescendo Communications, LLC
Tel: +1 (212) 671-1020
Email: EFSH@crescendo-ir.com
SOURCE: 1847 Holdings LLC
View the original press release on ACCESS Newswire
FAQ
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