American Industrial Contractors Inc.
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.
American Industrial Contractors Inc. - overview
Established
1987
Location
Greensboro, NC, US
Primary Industry
Construction
About
American Industrial Contractors Inc. is a specialized firm focused on designing, installing, and maintaining HVAC systems for commercial and industrial clients, ensuring operational efficiency across various sectors. Founded in 1987 and headquartered in Greensboro, US, American Industrial Contractors Inc. specializes in the HVAC sector.
The company was acquired by New Page Capital in January 2017, with no disclosed financial details. Thomas Bennington serves as the CEO. American Industrial Contractors specializes in the design, installation, maintenance, and service of commercial and industrial HVAC systems. Their core product offerings include comprehensive HVAC system solutions that cater to institutional, commercial, senior living, healthcare, and retail markets.
They employ a consultative approach and leverage in-house engineering and project management teams to deliver tailored mechanical solutions, primarily serving clients across North Carolina, South Carolina, and Virginia. American Industrial Contractors operates under a B2B model, providing HVAC solutions through direct contracts with commercial and industrial clients. Revenue generation occurs primarily through project-based contracts for both the design and installation of HVAC systems, alongside ongoing maintenance services via their dedicated division, American Industrial Service. The transaction structure includes upfront costs for installations and recurring revenue from service agreements aimed at maintaining system efficiency and minimizing downtime.
The company continues to focus on enhancing its HVAC offerings and exploring new product designs, although specific upcoming products have not been detailed. They plan to expand into additional markets, particularly targeting regions beyond their current footprint in North Carolina, South Carolina, and Virginia, though no specific timelines have been mentioned. Recent funding secured in January 2017 will likely support these initiatives, enhancing their operational capabilities and market reach.
Current Investors
New Page Capital
Primary Industry
Construction
Sub Industries
Engineering, Oil & Gas Equipment and Services, Oil & Gas Exploration and Production, Construction
Website
www.americanindustrialcontractors.com
Verticals
Infrastructure
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
American Industrial Contractors Inc. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | American Industrial Contractors Inc. | - |
Displaying 1 - 1 of 1
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.