Our Value
A customer-centric company that provides customers with an effortless experience.
Our History
Established in 2014, Stealth Group Holdings has built a solid foundation through strategic events and achievements.
Leadership Team
Our leadership and management team are shareholders committed to delivering future success.
Directors
The Board of Directors are a well balanced, experienced team, established early to support high growth plans.
Corporate Governance
We are committed to administering the policies and procedures with openness and integrity, pursuing the true spirit of corporate governance commensurate with the Company’s needs.
Services & Solutions
Our product offering is supported by a vertically integrated solutions portfolio.
Products
We source from more than 1,500 suppliers across 19 countries – providing access to more than 300,000 products.
How We Supply Our Customers
Access to one million products, best prices, in-stock and available, value-add supply solutions, unmatched customer service.
Customers & Markets

With more than 5,500 business customers and 34,000 retail customers of all sizes, we provide customers with purchasing options and fulfilment solutions that are necessary in their everyday requirements.

Our Value
A customer-centric company that provides customers with an effortless experience.
Our History
Established in 2014, Stealth Group Holdings has built a solid foundation through strategic events and achievements.
Leadership Team
Our leadership and management team are shareholders committed to delivering future success.
Directors
The Board of Directors are a well balanced, experienced team, established early to support high growth plans.
Corporate Governance
We are committed to administering the policies and procedures with openness and integrity, pursuing the true spirit of corporate governance commensurate with the Company’s needs.
Services & Solutions
Our product offering is supported by a vertically integrated solutions portfolio.
Products
We source from more than 1,500 suppliers across 19 countries – providing access to more than 300,000 products.
How We Supply Our Customers
Access to one million products, best prices, in-stock and available, value-add supply solutions, unmatched customer service.
Customers & Markets

With more than 5,500 business customers and 34,000 retail customers of all sizes, we provide customers with purchasing options and fulfilment solutions that are necessary in their everyday requirements.

Stealth Global Holdings Ltd (ASX: SGI) (the Company or Stealth) is pleased to announce it has agreed to acquire the business assets of United Tools Albany, Western Australia, store operation (UTA) for $0.46 million in cash, expanding its Western Australian ‘company-owned’ footprint and strengthening its market position.

Operating as a bannered United Tools store, UTA is a business-to-business (b2b) and business-to-consumer (b2c) retailer, offering a large range of major quality industrial, tooling, safety, and hardware brands.

UTA is also a licensee member of the United Tools buying group, a separate entity that was acquired by Stealth in March 2022. The buying group business does not own or operate trade retail stores.

Highlights

  • FY21 revenue $1.4 million, EBITDA $0.3 million.
  • Purchase price $0.46 million, primarily inventory.
  • Synergies expected to deliver +25% EBITDA growth in the next 12 months.
  • 30 years with profitable trading history. Strong reputation in the Albany Western Australia region.
  • United Tools bannered store. Stealth will take possession of leased premises with 1,200 square meters of floorspace.
  • UTA customer database of over 2,500.
  • Strategic and highly synergistic transaction. To merge with Stealth brand Skipper Transport Parts Albany operations (STPA).
  • UTA and STPA combination delivers a powerful service offering, larger range and new competitive advantage within a one-stop super store for industrial, tooling, safety, truck and automotive products, parts and accessories.
  • Pilot store concept to evolve big-box format across other regions throughout Australia.

Transaction Summary

  • Completion expected on 2 May 2022.
  • Purchase Price $0.46 million.
    • $0.39 million payable on completion 2 May 2022.
    • $0.07 million balance payable by 30 April 2023.
    • Assets to be transferred to Stealth on completion include ~$0.30 million of stock inventory.
  • Vendors will remain in the business for 1 year and receive 20% of the Net Profit Before Tax achieved over and above the baseline threshold of $0.20 million.

Mike Arnold, Stealth Group Managing Director and CEO commented: “The rationale behind acquiring United Tools Albany retail store is consistent with Stealth’s strategy and growth criteria”

“Specifically for the Albany region, we will combine the United Tools and Skipper Transport Parts Albany stores creating a one-stop ‘mega store’ for industrial, tooling, safety, truck and automotive products, parts and accessories. This will deliver competitive advantage and cross-selling opportunities through a larger range available to the combined customer list.”

“More strategically, it is a pilot store that will evolve across other regions throughout Western Australia and beyond, where from business combinations the benefits of synergy, scale, and a stronger one-stop distribution model supports acceleration of sales and profitable growth.”

The transaction is to be completed on 2 May 2022.

STEALTH GROUP HOLDINGS LIMITED