UK based
Overview:
Project Larnite is a multi-award-winning supplier of high-quality diesel engines, parts, servicing and maintenance. Dealerships are in place with industry-leading diesel engine manufacturers, many of which have been active for over 80 years.
The company has strong relationships in place with OEMs, and is a trusted partner providing full technical product supply and support.
The company operates with a team of OEM-trained technicians, who can attend time-sensitive call-outs or work on equipment in-house using high-specification diagnostic machines.
Our clients are now offering the business for sale to facilitate the Directors’ retirement plans.
Financial Highlights:
Generated a turnover of £5.9m in YE25, with an adjusted EBITDA of £1.5m.
Turnover is projected at £5.6 for YE26.
Circa 88% of the overall revenue is generated by existing clients.
Low client concentration, with the largest client contributing less than 5% of turnover.
Key Highlights:
Works with over 1,000 active clients in the UK and internationally, across sectors such as construction, refrigeration, agriculture, aerospace/defence, plant hire, and professional motorsport.
Client loyalty has been facilitated by the business’s versatility; some key relationships with prestigious organisations span over three decades.
Strong second-tier management in place.
Infrastructure in place to adapt to changing requirements within the sector, with vast potential to diversify the activities to cater to alternative fuel engines.
