Argo Turboserve Corporation

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Argo Turboserve Corporation - overview

Established

1996

Location

Lyndhurst, NJ, US

Primary Industry

Logistics & Distribution

About

Argo Turboserve Corporation (ATC) provides specialized services in aerospace, turbine technology, and government contract support, enhancing operational efficiency and technological advancement across various industries. Founded in 1996 by Ashish Makharia in Lyndhurst, US, ATC specializes in aerospace and turbine services. In March 2017, ATC was acquired by Balmoral Funds through AgileX Supply Chain. The company has successfully engaged in one deal since its inception.


ATC specializes in delivering high-performance services across three primary sectors: Aerospace, Turbine, and Government. Their offerings include innovative solutions that enhance operational efficiency for clients, including Fortune 500 companies and government agencies. They focus on aerospace component deployment, turbine technology optimization, and government contract support, serving markets primarily in North America, Europe, and Asia. ATC generates revenue through business-to-business transactions, primarily through partnerships with major corporations and government entities.


Their revenue model centers around direct service agreements, with clients engaging ATC for specialized solutions tailored to the aerospace, turbine, and governmental sectors. Pricing plans reflect the complexity of projects undertaken, with flagship offerings commanding premium pricing due to their advanced technology and critical application in mission-driven environments. With the recent acquisition in March 2017, ATC plans to leverage its integration with AgileX Supply Chain to explore new product developments and optimize existing services. The company aims to expand its reach into additional European markets by 2025, utilizing insights gained from its operational expansion.


The funding from the acquisition will support these initiatives, enabling ATC to enhance its service offerings and market presence.


Current Investors

Balmoral Funds

Primary Industry

Logistics & Distribution

Sub Industries

Engineering, Oil & Gas, Power Generation Equipment & Services, Aerospace, Logistics & Distribution

Website

www.argoturbo.com

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Argo Turboserve Corporation - 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)
BuyoutCompletedArgo Turboserve Corporation-

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