1847 Holdings LLC
About
1847 Holdings LLC engages in the acquisition and management of small businesses in different industries. It operates through the following segments: Retail and Appliances, Construction, and Automotive Supplies. The Retail and Appliances segment provides a wide variety of appliance services including sales, delivery, installation, service and repair, extended warranties, and financing.
The Construction segment offers doors, door frames, base boards, crown molding, cabinetry, bathroom sinks and cabinets, bookcases, built-in closets, and fireplace mantles. The Automotive Supplies segment designs and sells horn and safety products and provides vehicle emergency and safety warning lights for cars, trucks, industrial equipment, and emergency vehicles. The company was founded by Ellery W. Roberts on January 22, 2013 and is headquartered in New York, NY.
Growth
1847 Holdings is a publicly traded partnership that focuses on achieving superior risk-adjusted returns through majority ownership of lower middle market operating subsidiaries. The company's controlled buying model combines the attractive features of owning private, lower middle market businesses with the liquidity and transparency of being a publicly traded entity. This strategic approach positions 1847 Holdings as a player in the middle market segment, leveraging its ownership structure to drive growth and value creation.
Achievements
Key milestones in 1847 Holdings' history include the successful sale of High Mountain Door & Trim, a division of 1847 Cabinets, for more than double the original purchase price, demonstrating the company's ability to generate significant returns on investments. Additionally, the reported second quarter financial results in 2024 showcase the company's financial performance and its commitment to transparent reporting. The sale of ICU Eyewear, which eliminated $4.2 million of debt from the balance sheet, illustrates the company's strategic focus on efficient capital management and operational optimization.
Case Studies
1847 Holdings has been involved in various strategic initiatives and significant projects that have driven value creation and operational excellence. The sale of High Mountain Door & Trim for more than double the original purchase price exemplifies the company's ability to identify and capitalize on profitable opportunities. The successful divestment of ICU Eyewear, which eliminated a significant debt burden, demonstrates 1847 Holdings' strategic focus on optimizing its portfolio and streamlining operations for improved financial performance.
Key Events
Key events in 1847 Holdings' recent history include the sale of High Mountain Door & Trim, a division of 1847 Cabinets, for a substantial return on investment, showcasing the company's value creation capabilities. The announcement of second quarter 2024 financial results highlighted the company's financial performance and operational progress. The sale of ICU Eyewear, which significantly reduced debt levels, reflects 1847 Holdings' commitment to efficient capital management and financial stability. These events underscore the company's strategic focus on growth, profitability, and shareholder value creation.
Socials
Website
Founded
1993
Operating Status
Active
Industry
Financial Services
headquarters
2701 San Tomas Expressway, Santa Clara, CA 95050, Santa Clara United States
Address
590 Madison Avenue 21st floor New York New York 10022 United States...
Country
United States
Employees
6
Key People
Robert D. Barry (Director)
Paul A. Froning (Independent Director)
Eric VanDam (Chief Operating Officer)
Vernice L. Howard (Chief Financial Officer)
Products
GeForce GPUs
NVIDIA RTX
NVIDIA AI Enterprise
NVIDIA Deep Learning Accelerator
NVIDIA Omniverse
Revenue
48.93 M
Operating Income
Stock Price
$2.80
Clients
Gaming companies
Data centers
Automotive manufacturers
Artificial intelligence research institutions
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1847 Holdings LLC
-
Website
-
Founded
1993
-
Industry
Financial Services
-
Headquarters
2701 San Tomas Expressway, Santa Clara, CA 95050, Santa Clara United States
-
Address
590 Madison Avenue 21st floor New York New York 10022 United States...
-
Country
United States
-
Number of employees
6+
-
Revenue
48.93 M
About 1847 Holdings LLC
1847 Holdings LLC engages in the acquisition and management of small businesses in different industries. It operates through the following segments: Retail and Appliances, Construction, and Automotive Supplies. The Retail and Appliances segment provides a wide variety of appliance services including sales, delivery, installation, service and repair, extended warranties, and financing.
The Construction segment offers doors, door frames, base boards, crown molding, cabinetry, bathroom sinks and cabinets, bookcases, built-in closets, and fireplace mantles. The Automotive Supplies segment designs and sells horn and safety products and provides vehicle emergency and safety warning lights for cars, trucks, industrial equipment, and emergency vehicles. The company was founded by Ellery W. Roberts on January 22, 2013 and is headquartered in New York, NY.
Why Setting Up a Virtual Delivery Center (VDC) Is Critical for Your Company’s Success
Achieving business success in today’s competitive landscape requires specialized expertise, seamless operations, and continuous innovation. Establishing a Virtual Delivery Center (VDC) can transform your company’s growth journey by ensuring efficiency, scalability, and long-term value.
Why Choose a VDC for Your Company?
1. Cost Optimization:
Save up to 70% on operational costs by leveraging remote teams and streamlined processes.
2. Expert Access:
Gain instant access to highly skilled professionals, ensuring faster and smoother project execution.
3. Scalable Teams:
Scale your team as business needs evolve, from initial project setup to long-term support.
4. Accelerated Timelines:
Leverage 24/7 global teams to reduce project delays and speed up implementation.
5. Continuous Support:
Ensure uninterrupted business performance with ongoing maintenance and updates.
Unlock Business Success with a VDC By establishing a VDC, your company can overcome operational challenges, achieve seamless system integration, and maximize ROI. Stay ahead in today’s dynamic market with a future-ready business strategy powered by a Virtual Delivery Center. Learn More About Us
Book A Meeting To Setup Your VDC
