Andronaco Industries, Inc.
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Andronaco Industries, Inc. - overview
Established
1994
Location
Kentwood, MI, US
Primary Industry
Logistics & Distribution
About
Founded in 1994 and based in Michigan, US, Andronaco Industries, Inc. operates as a manufacturing company that provides corrosion-resistant products. The company was founded by its President and Chief Executive Officer Ron Andronaco. In January 2022, EagleTree Capital acquired Andronaco Industries, Inc.
As of 2022, the company has a client base of over 2,500 customers and operates around nine locations worldwide, including Michigan, Texas, Louisiana, and France. Andronaco develops, manufactures, and sells specialty polymers, as well as composite-engineered and corrosion-resistant flow control systems such pipes, valves, hoses, pumps, and other accessories for the pharmaceutical, chemical, steel, wastewater, and energy industries. The company operates through its subsidiary brands: PureFlex, Ethylene, Nil-Cor, Hills-McCanna, RamParts Pumps, Polyvalve, Conley Composites, Endurance Composites, Andronaco SAS, FLOWCOR LLC, Great Western Supply, and Gulf Shores Constructions. Following the acquisition, Andronaco Industries, Inc.
plans to use the support from EagleTree Capital to expand its organic and inorganic growth opportunities, accelerate its product development and innovation and expand its product portfolio into new geographies and end markets.
Current Investors
EagleTree Capital
Primary Industry
Logistics & Distribution
Sub Industries
Electrical, Plumbing & Hardware Distributors
Website
www.andronaco.com
Verticals
Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Andronaco Industries, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Diamond Fiberglass Inc. | - | ||||||||
| Add-on | Completed | Diamond Services | - | ||||||||
| Buyout | Completed | Andronaco Industries, Inc. | - |
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