Clyde Industries

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Clyde Industries - overview

Established

1990

Location

Atlanta, GA, US

Primary Industry

Industrial Machinery

About

Clyde Industries specializes in providing engineered boiler efficiency and cleaning systems. The company focuses on innovative solutions for the pulp and paper industry and various industrial applications to enhance operational efficiency. Clyde Industries, headquartered in Atlanta, US, was founded in 1990. The company designs and manufactures specialized cleaning technologies for recovery and power boilers, addressing the needs of the pulp and paper sector.


Brent Beachy is the CEO. In December 2019, Wynnchurch Capital Partners acquired Clyde Industries, although financial terms were not disclosed. Clyde Industries is a leading provider of highly engineered boiler efficiency and cleaning systems, specializing in solutions for the global pulp and paper industry, as well as various industrial applications. Their core offerings include state-of-the-art sootblowers designed to effectively remove residue and deposits that accumulate in recovery and power boilers.


These innovative technologies are essential for maintaining boiler safety, enhancing process efficiency, and preventing complete boiler shutdowns. Clyde Industries also delivers a comprehensive range of aftermarket spare parts and services, ensuring continued operational support for established and emerging pulp and paper customers. Their products are marketed extensively across North America, South America, Scandinavia, and Indonesia, catering to a diverse clientele that includes power generation facilities and industrial manufacturers seeking reliable boiler cleaning solutions. Clyde Industries generates revenue through the sale of its advanced boiler cleaning equipment and services, with a focus on B2B transactions primarily targeting industrial clients within the pulp and paper sector, as well as other industrial markets.


The company employs a transactional structure that may include direct sales of equipment, service agreements for maintenance, and partnerships for ongoing support and training. Revenue is derived from flagship products and services, including their proprietary SMART Clean™ technology, which optimizes boiler cleaning processes. The firm engages in multi-year contracts with clients, enabling steady revenue streams through long-term service commitments, while also offering spare parts and performance monitoring services as part of their comprehensive solutions portfolio. With the acquisition by Wynnchurch Capital Partners completed in December 2019, Clyde Industries is poised for future growth through the expansion of its product offerings and market reach.


The company is developing new products designed to enhance boiler cleaning efficiency and is targeting entry into emerging markets in Asia and South America by 2025. The recent funding will be utilized to support research and development initiatives, as well as to strengthen its sales and marketing efforts in these regions.


Current Investors

Wynnchurch Capital

Primary Industry

Industrial Machinery

Sub Industries

Facilities & Maintenance Services, Industrial Machinery, Analytics & Performance Software

Website

www.clyde-industries.com

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Clyde Industries - 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)
BuyoutCompletedClyde Industries -

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