Anker Industries LLC
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Anker Industries LLC - overview
Established
1975
Location
Pittsburgh, PA, US
Primary Industry
Materials
About
Based in Pennsylvania, US, and founded in 1975 by Antonelli family and led by President Rich Antonelli, Anker Industries is a manufacturer of powders and briquettes and provides aluminum processing and slag design services for steel mills, ferrous foundries, and non-ferrous metals producers throughout North America. In December 2023, Opta Group, a portfolio company of Speyside Equity, acquired Anker Industries LLC from Continuim Equity Partners. The firm specializes in processing aluminum turnings used in various steel-making processes, grinding, sizing, blending, and briquette and provides services such as desulfurization, steel cleanliness, deoxidation, and castability. The company also offers powders that are used to minimize temperature loss in ladles used by steelmakers to transport and pour molten metals.
Current Investors
Continuim Equity Partners
Primary Industry
Materials
Sub Industries
Industrial Machinery, Steel & Metals
Website
www.ankerindustries.com
Verticals
Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Anker Industries LLC - 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 | Anker Industries LLC | - | ||||||||
| Buyout | Completed | Anker Industries LLC | - |
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