Can Art Aluminum Extrusion L.P.
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Can Art Aluminum Extrusion L.P. - overview
Established
1988
Location
-, ON, Canada
Primary Industry
Materials
About
Can Art Aluminum Extrusion L. P. specializes in custom and standard aluminum extrusions, serving diverse sectors like automotive and construction with high-quality, eco-friendly solutions. Founded in 1988 in Brampton, Canada, Can Art Aluminum Extrusion L.
P. manufactures aluminum extrusions tailored to specific industry needs. The company has undergone strategic growth, with its most recent deal occurring on February 17, 2022, when TorQuest Partners acquired a controlling stake, aiming to enhance its growth trajectory. Canart Aluminium specializes in manufacturing custom and standard aluminum extrusions, serving sectors including automotive, construction, furniture, signage, and alternative energy applications.
The company offers a variety of aluminum profiles tailored to specific engineering needs and maintains robust in-house engineering capabilities to ensure high-quality solutions. Canart emphasizes sustainability by utilizing LEED-compliant recycled materials, appealing to environmentally-conscious customers across North America, including major urban centers like Detroit and Toronto. Canart Aluminium operates on a B2B model, generating revenue through direct sales of custom and standard aluminum profiles to various sectors. The company engages in negotiated contracts based on specifications and volume, ensuring it meets diverse client needs effectively.
Its flagship products, known for their strength and lightweight properties, are crucial in automotive applications, contributing to fuel efficiency and overall performance. Following the acquisition on February 17, 2022, Can Art Aluminum Extrusion L. P. plans to accelerate its growth phase by focusing on the development of new products.
While specific launch dates or details on new offerings are not disclosed, the company aims to expand its market presence into new geographic regions. The rationale behind the recent acquisition involves utilizing the funding to facilitate these growth initiatives and enhance operational capabilities.
Current Investors
Hamilton Lane, TorQuest Partners, Credit Suisse
Primary Industry
Materials
Sub Industries
Steel & Metals
Website
www.canart.com
Verticals
Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
Can Art Aluminum Extrusion L.P. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Can Art Aluminum Extrusion L.P. | - | ||||||||
| Buyout | Completed | Can Art Aluminum Extrusion L.P. | - |
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Can Art Aluminum Extrusion L.P. - employee data
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