ADVANCED INDUSTRIAL DEVICES, LLC
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
ADVANCED INDUSTRIAL DEVICES, LLC - overview
Established
1983
Location
Tulsa, OK, US
Primary Industry
Industrial Machinery
About
Advanced Industrial Devices is a US-based company that provides engineered automation and control solutions, focusing on electric-driven equipment to enhance operational efficiency and sustainability in various industries. Founded in 1983 and headquartered in Tulsa, US, Advanced Industrial Devices specializes in automation and control solutions. The company underwent a significant change in ownership in May 2022 when Black Bay Energy Capital acquired it from Rock Island Capital, strengthening its engineering and manufacturing capabilities. The company has completed 2 deals in its history.
Advanced Industrial Devices (AID) specializes in providing highly engineered automation and control solutions, primarily focused on electric-driven equipment that enhances operational efficiency and sustainability across a variety of industries. Their core product offerings include a comprehensive range of Variable Frequency Drives (VFDs), controllers, and drive support products, designed to optimize performance in mission-critical applications such as oil and gas, mining, agriculture, and water utilities. AID's solutions are utilized by customers seeking to improve operational reliability, reduce energy consumption, and lower greenhouse gas emissions. These products are marketed primarily in North America, with a notable presence in sectors requiring robust and efficient electrification solutions, including data centers, HVAC systems, specialty rental equipment, and construction.
The company’s innovative MobileDuty drive packages and CurrentMaster solutions are examples of how AID meets the unique requirements of industries operating in diverse and demanding environments. Advanced Industrial Devices operates under a business model that emphasizes direct sales and partnerships with various industrial sectors, facilitating B2B transactions for their suite of products and services. The company generates revenue through the sale of its automation and control solutions, including flagship products like the PumpMaster series and DriveLynx data management solutions. These transactions typically involve customized pricing arrangements based on the specifications and requirements of the client, ensuring that solutions are tailored to meet the unique needs of individual projects.
AID's revenue structure includes components such as equipment sales, service contracts, and ongoing technical support, all of which contribute to long-term customer relationships and repeat business.
Current Investors
Rock Island Capital
Primary Industry
Industrial Machinery
Sub Industries
Power Generation Equipment & Services, Water & Sewer Utilities, Industrial Machinery
Website
www.aidusa.com/
Verticals
Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
ADVANCED INDUSTRIAL DEVICES, LLC - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Economy Control Systems, Inc. | - | ||||||||
| Add-on | Completed | R.S. Integrators, Inc. | - | ||||||||
| Secondary Buyout | Completed | ADVANCED INDUSTRIAL DEVICES, LLC | - | ||||||||
| Recapitalisation | Completed | ADVANCED INDUSTRIAL DEVICES, LLC | - |
Displaying 1 - 4 of 4

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.