Gravel Lake Capital

Buying the component suppliers behind the RV and marine industry.

An independent sponsor acquiring established, owner-operated suppliers, deal by deal, alongside outside capital.

The Thesis

RV and marine OEMs depend on a small base of component suppliers, seating, surfaces, machining, soft goods, wiring, most of them owner-operated and founder-run.

Consolidation among the largest tier-one suppliers is accelerating. That leaves OEMs looking for credible, independent alternatives, and leaves good regional businesses looking for a buyer who understands the industry rather than a generic financial acquirer.

Gravel Lake Capital acquires those businesses directly, retains the operators who built them, and backs them with the capital and operating discipline to grow.

What We Look For

Owner-operated suppliers

$1M to $3M of EBITDA, founder or family owned, ready for a transition.

RV and marine categories

Seating, surfaces, machining, soft goods, and adjacent component manufacturing.

Elkhart and the Southeast

Where the OEM base is concentrated, and where the operating relationships already exist.

Operators who stay

Sellers retain meaningful equity and continue running the business day to day.

The Operator

Tim Zwartz spent his career in this supply base.

Where Things Stand

Direct relationships with supply chain leadership at multiple marine OEMs.

Actively evaluating acquisition targets in the wire harness and adjacent component categories.

Building relationships with capital partners who invest deal by deal alongside a sponsor with direct operating experience in the category.

Get In Touch

Sellers, capital partners, and industry operators, reach out directly.

tim@gravellakecapital.com