ACT Test Panels
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ACT Test Panels - overview
Location
Hillsdale, MI, US
Primary Industry
Logistics & Distribution
About
ACT Test Panels specializes in the production of high-quality test panels for the coatings industry, offering reliable products for research, quality control, and process monitoring applications. ACT Test Panels is dedicated to manufacturing test panels for the coatings industry. The company was acquired by Talon from The Riverside Company in August 2007. Its headquarters is located in Hillsdale, US.
The founding details and history of the founder are not publicly available. ACT Test Panels is primarily engaged in the manufacturing and supply of reliable and reproducible test panels tailored for the coatings industry. Since its establishment in 1981, the company has developed a diverse portfolio of products that serve various applications, including research and development, production batch quality control, and process monitoring. The core offerings include panels ranging from bare substrates to fully painted systems, ensuring compliance with specific material specifications to guarantee performance accuracy.
Their extensive product line caters to unique customer needs, providing both standard flat panels and a variety of shaped panels designed for physical testing, color evaluation, and aesthetic display. The company serves a global client base, offering its products to sectors such as automotive, aerospace, and general manufacturing across regions including North America, Europe, and Asia. ACT Test Panels generates revenue through direct sales of its testing supplies and services to businesses in the coatings industry. The transaction structure typically involves B2B sales, where clients place orders for both standard and customized test panels based on their specific requirements.
The company’s flagship product offerings include a wide range of standard and shaped test panels, manufactured in compliance with industry standards. Clients may engage in one-time purchases or establish ongoing partnerships to ensure consistent supply for ongoing testing needs. Pricing structures are aligned with the complexity and customization level of the products, allowing customers to select options that best fit their operational requirements without disclosing specific pricing details. ACT Test Panels is planning to introduce new product lines designed to enhance their testing capabilities, with launches anticipated in the coming year.
The company aims to expand into European and Asian markets by 2025, leveraging its established reputation in North America. The recent acquisition funding is expected to support these initiatives and facilitate strategic growth opportunities.
Current Investors
Talon Group
Primary Industry
Logistics & Distribution
Sub Industries
Logistics & Distribution
Website
www.acttestpanels.com
Verticals
Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
ACT Test Panels - 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 | ACT Test Panels | - | ||||||||
| Buyout | Completed | ACT Test Panels | - |
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