Conner Industries, Inc.
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Conner Industries, Inc. - overview
Established
1981
Location
Fort Worth, TX, US
Primary Industry
Forestry & Timber
About
Conner Industries, Inc. is a provider of industrial wood products and packaging solutions, delivering tailored services to a diverse range of manufacturing sectors across the United States. Founded in 1981 and headquartered in Fort Worth, US, Conner Industries, Inc. specializes in industrial wood and packaging solutions.
The company has undergone strategic pivots to focus on manufacturing tailored packaging services. The current CEOs include Angela Conner, David Dixon, and Grady Payne. Conner Industries has completed 4 deals, with the most recent funding round on January 16, 2018. Conner Industries offers a comprehensive range of industrial wood and packaging solutions, including cut lumber (softwoods and hardwoods), custom pallets, crates, and integrated packaging solutions utilizing multi-materials like wood, corrugate, plastic, and foam.
Their focus is on ensuring safe transport of goods while optimizing supply chain efficiency for clients in industries such as automotive, aerospace, pharmaceuticals, and heavy industrial sectors. The company prioritizes sustainability in its operations, aiding clients in achieving environmental goals. In 2014, Conner Industries reported a revenue of USD 140. 00 mn, primarily generated through direct sales to manufacturers and distributors.
The company's business model includes customized contracts facilitating tailored solutions and value-added services like assembly and logistical support, enhancing their clients' supply chain operations. Conner Industries is strategizing for future growth by focusing on the development of new packaging products and expanding into additional geographic markets. The company aims to launch several innovative packaging solutions by 2025 and is targeting expansion into the Southeastern and Northwestern US markets. Recent funding will be utilized to support these initiatives and enhance production capabilities.
Current Investors
Argentum
Primary Industry
Forestry & Timber
Sub Industries
Packaging, Wood/Hard Products
Website
www.connerindustries.com
Verticals
Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
Conner 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 | Kirkland Sales Inc. | - | ||||||||
| Add-on | Completed | Denver Reel & Pallet Co. | - | ||||||||
| Add-on | Completed | Guardian Packaging Industries, LP | - | ||||||||
| Add-on | Completed | RoseMill Packaging Resources, LLC | - | ||||||||
| Private Debt | Completed | Conner Industries, Inc. | - |
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