USS Midway, a United States Navy aircraft carrier, docked in San Diego harbor
Fleet thesis

Active thesis · Virginia & Columbia class supply base

Capacity for the fleet. Continuity for the shops that keep shipyards supplied.

Emko partners with Tier-2 and Tier-3 manufacturers tied into Navy and shipyard programs — the qualified shops, foundries, and fabricators where program timing, clearances, and customer trust matter as much as the order book.

ShipbuildingMarine PropulsionDefense ElectronicsSubmarine Components

01 — Why Emko

A buyer who already speaks shipyard and Navy.

Naval supply work is gated by clearances, DFARS/ITAR, qualified-vendor status, and relationships measured in decades — not quarters. We underwrite those realities instead of treating them as diligence footnotes, and we structure around continuity for the people and programs that rely on you.

P/01

Your legacy

  • We protect the name you've built with the Navy and primes
  • Your team, your customers, your standards — preserved
  • Flexible structures: full sale, majority, or recapitalization
  • Owners stay involved as long as it's right for them
P/02

Your sector

  • 100% focused on industrial manufacturing
  • Naval supply chain, defense, aerospace, marine systems
  • Shipyards, propulsion, castings, electronics, fabrication
  • Engineered, mission-critical products and services
P/03

Your business

  • $0–10M EBITDA
  • $10–100M revenue
  • Family-owned, succession plans, complex carve-outs
  • Healthy & growing or underperforming
  • Certainty to close — investing out of committed funds

02 — Where we invest

The industrial base behind hulls, combatants, and subs.

From specialty metals and fabrications to electronics, coatings, and machining — we look for businesses with real exposure to naval and maritime programs, not generalists who happen to bill a shipyard once a year.

01Shipyard

Shipbuilding & Repair

Hull fabrication, outfitting, drydock services and lifecycle support for surface and subsurface vessels.

02Propulsion

Marine Propulsion

Engines, gearboxes, shafting, propellers and auxiliary power for naval and commercial fleets.

03Mil-Spec

Castings & Forgings

Mission-critical metal components qualified to Navy specs and submarine programs.

04C5ISR

Defense Electronics

Sensors, communications, controls and ruggedized systems for shipboard and undersea use.

05Subsea

Submarine Components

Specialized suppliers serving the Virginia and Columbia-class submarine industrial base.

06Tier 2/3

Precision Machining

Tier 2/3 machine shops producing tight-tolerance parts for primes and shipyards.

03 — By the numbers

The Emko Capital portfolio.

Platforms

05across the portfolio

Transactions

15+completed to date

Years Investing

09operating since 2017

Employees Supported

1000+across the platform

Sq/ft Manufacturing

800K+production capacity

04 — For owners

We've sat in your chair.

Most of our partners have run manufacturing businesses themselves. We know what it feels like to weigh decades of work against what comes next — for your family, your employees, and the Navy customers who depend on you.

Every conversation is confidential, direct, and free of investment-bank theater.

Have a confidential conversation →
  1. Deep experience with naval and defense supply chains — primes, shipyards, and Tier 2/3 suppliers
  2. We speak DFARS, ITAR, CMMC and qualified-vendor language fluently
  3. A team of engineers, operators and entrepreneurs — not just financiers
  4. Real experience with family-business complexity and corporate carve-outs
  5. Focused on doing right by sellers, employees, and the programs you support
  6. Certainty to close — investing out of committed funds, not searching for capital

05 — What to expect

A process built for owners, not bankers.

01

Confidential conversation

A direct call with a partner — no analysts, no decks. We listen, you decide if we should keep talking.

02

Indication of value

Within 2–3 weeks of receiving basic financials, we share a clear, written view on value and structure.

03

Diligence done right

Focused, respectful diligence run by our team — not outsourced. We protect your customers and clearances throughout.

04

Closing & continuity

Funded from committed capital, certainty to close. Day one, your team, customers and Navy programs continue uninterrupted.

07 — Engage

Confidential. Direct.

If you own a business in the naval supply chain and are thinking about what's next, send a note. Every message reaches a partner — usually with a reply within 48 hours.

Philadelphia, PAinfo@emkocapital.com
Contact a partner