Afinita Inc.

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Afinita Inc. - overview

Established

2018

Location

St. Louis, MO, US

Primary Industry

Industrial Machinery

About

Based in the US, Afinita Inc. specializes in manufacturing advanced technology and equipment for the concrete product production industry, focusing on enhancing efficiency and quality in concrete pipe and precast item production. Afinitas Inc. provides advanced solutions for the concrete production industry, having been formed in August 2018 by BW Forsyth Partners, which previously acquired several companies, including HawkeyePedershaab in September 2016 and BFS in November 2017.


The company's headquarters is located in St. Louis, US. Afinitas is a prominent provider of advanced technology and equipment tailored for the concrete product production industry, focusing on pipe and precast concrete items. The company's core offerings include innovative machinery such as wire mesh equipment, concrete pipe machines, and various automated solutions that enhance production efficiency.


Notably, their flagship products, like the Prima 360 and the patented Spillman Ezy-Stryp® Concrete Pipe Machine, are engineered to streamline operations and improve the overall quality of concrete products. Afinitas serves a diverse clientele, which includes manufacturers of precast concrete elements, municipal infrastructure developers, and construction firms across various geographical markets, including North America, Europe, and parts of Asia. The company is dedicated to providing intelligent infrastructure solutions that meet the demands of modern construction and civil engineering projects. Afinitas generates revenue primarily through direct sales of its equipment and automation solutions to B2B clients in the construction and manufacturing sectors.


The company engages in transactions where customers purchase machinery and related services, often facilitated through long-term partnerships or contracts. Pricing structures typically vary based on the complexity and customization of the equipment, with clients likely engaging in negotiations for bulk purchases or specialized solutions tailored to their operational needs. Additionally, Afinitas might offer service agreements or maintenance contracts that provide ongoing support, ensuring the optimal functioning of their equipment post-sale. These arrangements facilitate sustained revenue streams while reinforcing customer relationships within the concrete manufacturing ecosystem.


Afinitas plans to launch new products to enhance its portfolio, leveraging its recent acquisitions to accelerate growth. The company is focused on expanding into new geographic markets, targeting regions in Asia and Europe by 2025. The funding acquired from its latest investment will be utilized to support these initiatives, enabling Afinitas to further develop its innovative technologies and strengthen its market presence.


Current Investors

BW Forsyth Partners

Primary Industry

Industrial Machinery

Sub Industries

Industrial Machinery

Website

www.afinitas.com

Verticals

Manufacturing

Total Amount Raised

Subscriber access only

Afinita Inc. - 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-onCompletedR.J. Watson, Inc.-
Add-onCompletedHaala Industries, Inc.-
Add-onCompletedCaswick Ltd.-
Add-onCompletedSpillman Company-
Add-onCompletedCAM Products-

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