1847 Holdings LLC

We are an acquisition holding company that acquires and manages small businesses, defined as those with an enterprise value of less than $50 million, across various industries headquartered in North America. We provide investors with an opportunity to own a portfolio of businesses typically managed by private equity firms, individuals, families, financial institutions, or large conglomerates. Our strategy aims to generate regular distributions for common shareholders and increase common shareholder value over time. We acquire controlling interests in small businesses that operate in industries with long-term macroeconomic growth opportunities, possess positive and stable earnings and cash flows, face minimal threats of technological or competitive obsolescence, and have strong management teams. We aim to be an attractive buyer for private company operators and corporate parents selling their businesses. These businesses become our majority-owned subsidiaries, which we actively manage and grow. We expect to improve these businesses long-term through organic growth, add-on acquisitions, and operational improvements. The merger and acquisition market for small businesses is fragmented, offering opportunities to purchase businesses at attractive prices. Factors contributing to lower acquisition multiples for small businesses include fewer potential acquirers, less available third-party financing, sellers considering non-economic factors, and less frequent sales through auction processes.