Time Manufacturing Holdings, LLC

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Time Manufacturing Holdings, LLC - overview

Established

1965

Location

Waco, TX, US

Primary Industry

Industrial Machinery

About

Time Manufacturing Holdings, LLC specializes in providing comprehensive solutions for the manufacturing industry, particularly in the field of aerial work platforms and related equipment, aimed at enhancing operational efficiency. Founded in 1965 and headquartered in Waco, US, Time Manufacturing Holdings, LLC operates in the manufacturing sector, focusing on aerial work platforms. The company was acquired by H. I.


G. Capital from The Sterling Group in December 2021, with financial terms undisclosed. CEO Curt Howell currently leads the organization, following a strategic shift towards expanding its market presence. Pratima Gracias is noted as the founder of the firm, contributing to its establishment and early growth.


Time Manufacturing Holdings, LLC offers a range of digital solutions primarily focused on cloud-based hosting and website management. Their core product includes a comprehensive platform designed for businesses to manage their online presence efficiently, providing tools that enhance website performance, security, and scalability. This offering is tailored for small to medium-sized enterprises (SMEs) looking to establish and maintain a robust online footprint. The platform supports various functionalities, including content management systems, analytics, and customer support tools, all aimed at streamlining operations and improving user engagement.


The company serves a diverse client base across multiple geographical markets, including North America, Europe, and parts of Asia, focusing on industries such as e-commerce, technology, and professional services. The company's revenue model is structured around a subscription-based service that allows clients to access their cloud hosting solutions and website management tools. Customers typically engage through annual or monthly subscription plans that provide varying levels of service, including premium features such as advanced analytics and dedicated customer support. Flagship products are bundled into tiered pricing plans, catering to different business needs and sizes.


Transactions occur directly between the firm and its clients, ensuring a steady income stream while fostering long-term relationships with clients. Following the acquisition by H. I. G.


Capital in December 2021, Time Manufacturing Holdings, LLC aims to accelerate its expansion through both organic and inorganic growth opportunities. The company is in the process of developing new product offerings to enhance its services, though specific products and release dates are yet to be disclosed. Additionally, there are plans to target new markets, including expansion into additional regions across North America and Europe by 2023. The funding from the recent acquisition will be directed towards supporting these strategic initiatives.


Current Investors

H.I.G. Capital

Primary Industry

Industrial Machinery

Sub Industries

Equipment Rental & Leasing, Industrial Machinery

Website

www.timemfg.com

Verticals

Manufacturing

Company Stage

Mature

Total Amount Raised

Subscriber access only

Time Manufacturing Holdings, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Trade SaleCompletedFrance Elévateur-
Secondary BuyoutCompletedTime Manufacturing Holdings, LLC-
Add-onCompletedRuthmann GmbH & Co. KG-
Add-onCompletedCPI's fiberglass aerial lift bucket fabrication business-
Add-on, Trade SaleCompletedBrandFX Body Company-

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Time Manufacturing Holdings, LLC - employee data

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Time Manufacturing Holdings, LLC - key contacts

NamePositionStart DateEnd DateVcardBio 
Board MemberBM

BM Board Member

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