Coffin Turbo Pump Inc.
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Coffin Turbo Pump Inc. - overview
Established
1925
Location
-, NJ, US
Primary Industry
Materials
About
Coffin Turbo Pump Inc. specializes in manufacturing high-pressure centrifugal pumps for industrial applications, ensuring energy efficiency and reliability for marine, locomotive, and boiler feed services. Coffin Turbo Pump Inc. was founded in 1925 in Englewood, US, focusing on high-pressure pump solutions.
In December 2014, Argenta Partners acquired Coffin Turbo Pump Inc. for USD 9. 8 mn. The company has engaged in one deal to date, maintaining its operational focus since its inception.
Coffin Turbo Pump, Inc. specializes in high-pressure, high-speed centrifugal pumps that are essential for various industrial applications. Their core product offerings include turbine-driven centrifugal pumps designed specifically for marine, locomotive, and industrial boiler feed services. These pumps operate with advanced motor and turbine drive technologies, enabling variable speed functionality that aligns output pressure and flow with specific process requirements.
This adaptability ensures energy efficiency and enhances system reliability, making Coffin Turbo Pumps a preferred choice among leading shipyards, oil companies, and plant operators across the globe. The company serves diverse geographical markets, including North America, Europe, and Asia, catering to sectors such as military, waste-to-energy, and pulp and paper industries. Coffin Turbo Pump generates revenue primarily through direct business-to-business transactions with industrial and marine clients. The sales structure involves providing high-pressure pump solutions, supplemented by a robust 24-hour parts and service capability, which fosters long-term customer relationships and repeat business.
Revenue is derived from the sales of specific product lines, including flagship models like the Model CG-N steam turbine-driven boiler feed pump. Each transaction typically includes detailed specification reviews and machining quotations, facilitating tailored solutions to meet the exacting needs of clients. The company’s commitment to quality assurance and customer service underpins its financial interactions, ensuring customers receive reliable products and support throughout their lifecycle. Coffin Turbo Pump Inc.
aims to leverage recent funding to enhance its product offerings and expand its market presence. The company is currently designing new high-pressure pump models, targeting release within the next 18 months. Additionally, it plans to expand into new geographical markets in Asia and Europe by 2025, utilizing the USD 9. 8 mn raised from the most recent funding round in December 2014 to support these initiatives.
Current Investors
Argenta Partners
Primary Industry
Materials
Sub Industries
Steel & Metals
Website
www.coffinpump.com
Verticals
Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Coffin Turbo Pump 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Coffin Turbo Pump Inc. | - |
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