American Tex-Chem Corporation
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American Tex-Chem Corporation - overview
Established
1989
Location
San Bernardino, CA, US
Primary Industry
Logistics & Distribution
About
American Tex-Chem Corporation, located in San Bernardino, US, focuses on delivering essential hospitality supplies and personal care products to various sectors, including hotels and healthcare, ensuring high-quality service to clients. Founded in 1989, American Tex-Chem Corporation specializes in providing hospitality supplies and personal care products across multiple sectors. The company was recently acquired by Consolidated Hospitality Supplies Holdings in August 2021, which aims to enhance its market position and operational capabilities. The CEO, Sunny Pokala, has been instrumental in guiding the company's strategic direction since its inception.
American Tex-Chem Corporation offers a wide array of products tailored for the hospitality and healthcare industries, including bulk amenities, personal care products, bedding and linens, room accessories, foodservice supplies, electronics, and janitorial supplies. The company's diverse client base spans North America, Europe, and selected regions in Asia, ensuring comprehensive service across various markets. American Tex-Chem Corporation generates revenue primarily through B2B transactions, supplying products directly to businesses in the hospitality and healthcare sectors. Client contracts dictate the structure of transactions, allowing for recurring orders or one-time purchases, with pricing based on order volumes to foster long-term relationships with clients.
Following its acquisition in August 2021, American Tex-Chem Corporation plans to leverage its new ownership to broaden its market presence and enhance its product offerings. The company aims to expand into new markets, specifically targeting increased outreach in Europe and Asia by the end of 2023. The acquisition will facilitate improved customer engagement through enhanced fulfillment capabilities and a more robust salesforce, driving effective growth strategies.
Current Investors
HCI Equity Partners, Consolidated Hospitality Supplies Holdings
Primary Industry
Logistics & Distribution
Sub Industries
Consumer Products, Hospitality Services, Logistics & Distribution
Website
www.myamtex.com
Verticals
E-commerce
Company Stage
Add-on
Total Amount Raised
Subscriber access only
American Tex-Chem Corporation - 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, Trade Sale | Completed | American Tex-Chem Corporation | - | ||||||||
| Buyout | Completed | American Tex-Chem Corporation | - |
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