Americo Manufacturing Company, Inc.

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Americo Manufacturing Company, Inc. - overview

Established

1969

Location

-, GA, US

Primary Industry

Consumer Products

About

Americo Manufacturing Company, based in the US, specializes in the design and production of innovative floor care solutions, including floor pads, cleaning accessories, and mats for various commercial and industrial applications. Americo Manufacturing Company, Inc. was founded in 1969 in Acworth, US, focusing on producing floor care products. The company has undergone strategic changes, including its acquisition by Fibrix, LLC in February 2022 from Blue Sage Capital for an undisclosed sum.


Lenny Shutzberg currently serves as CEO. Americo Manufacturing Company specializes in the production of floor care solutions, including a comprehensive range of floor pads, cleaning accessories, and floor mats. Their core product offerings, such as the Full Cycle™ and Black Diamond™ lines, are designed for various applications encompassing cleaning, polishing, and maintaining different floor surfaces, including concrete, natural stone, vinyl, and linoleum. These products are engineered for efficiency and effectiveness, addressing the needs of both commercial and industrial clients, such as cleaning service providers, facility managers, and maintenance personnel.


Americo's products are marketed primarily in the United States and exported to over 70 countries, effectively serving a global customer base in sectors that prioritize cleanliness and safety, such as hospitality, healthcare, and education. Americo Manufacturing Company operates through a direct sales model, providing its products primarily to business clients through a network of sales representatives. Business transactions typically involve bulk purchases of floor pads and cleaning accessories, with the company eliminating minimum order requirements to enhance accessibility for clients. The product pricing structure is set to accommodate varying order sizes, allowing customers to purchase as little as one case of their in-demand products.


Key offerings, such as the Green Seal-certified Full Cycle™ products and the Diamond polishing systems, anchor their revenue streams. Americo's focus on rapid fulfillment, including two-day lead times for in-stock items, positions it competitively within the market, facilitating a streamlined purchasing process for its diverse clientele. Following its acquisition in February 2022, Americo Manufacturing Company plans to leverage the support of Clean Solutions Group for strategic growth, both organically and through additional acquisitions. The company is expected to enhance its product lineup and expand into new markets, details of which are yet to be announced.


The recent funding will facilitate these growth initiatives, bolstering Americo's operational capabilities and market presence.


Current Investors

Branford Castle, Fibrix, LLC

Primary Industry

Consumer Products

Sub Industries

Furniture

Website

www.americomfg.com

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Americo Manufacturing Company, 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-on, Trade SaleCompletedAmerico Manufacturing Company, Inc.-
RecapitalisationCompletedAmerico Manufacturing Company, Inc.-

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Americo Manufacturing Company, Inc. - employee data

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