CPS Products, Inc.
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CPS Products, Inc. - overview
Established
1989
Location
-, FL, US
Primary Industry
Heating, Cooling & Ventilation Equipment and Services
About
CPS Products, Inc. is a specialized manufacturer of HVAC and refrigeration tools, providing advanced solutions aimed at enhancing the efficiency and effectiveness of service technicians in the field. Founded in 1989 in Hialeah, US, CPS Products, Inc. develops HVAC and refrigeration tools for service technicians.
The company operates independently and has not undergone any significant pivots in its business strategy. James Williamson, the current CEO, leads the firm, which has been engaged in 2 deals as of December 14, 2012. CPS Products, Inc. specializes in developing and manufacturing HVAC and refrigeration tools tailored for service technicians.
The core product offerings include advanced leak detection technologies, smart diagnostic tools, and maintenance solutions designed to enhance efficiency in the field. Notable products such as the BlackMax® vacuum pumps and MSX Refrigerant Management Centers are essential for professionals dealing with automotive and HVAC systems, providing capabilities like refrigerant recovery and air quality management. The company serves a diverse client base, including automotive technicians, HVAC contractors, and refrigeration specialists across North America, Europe, and parts of Asia, and has established itself as 'The Workingman’s Choice®. 'CPS Products operates on a B2B transaction model, directly supplying specialized tools to service technicians, automotive repair centers, and HVAC contractors.
Revenue is primarily generated through sales of individual products and bundled solutions, with flagship offerings like the BlackMax® vacuum pumps and MSX Refrigerant Management Centers significantly contributing to sales. The company also offers bundled packages at a reduced rate to foster customer loyalty and repeat business, aligning pricing with industry standards to deliver value to professional service technicians. CPS Products, Inc. plans to introduce new products in the coming year to further enhance their portfolio of HVAC tools.
The company is targeting expansion into European and Asian markets by 2023, leveraging insights gained from recent market research. The most recent funding round on December 14, 2012, will be utilized to support the development of these new products and the expansion initiatives.
Current Investors
Harbour Group
Primary Industry
Heating, Cooling & Ventilation Equipment and Services
Sub Industries
Heating, Cooling & Ventilation Equipment and Services
Website
www.cpsproducts.com
Verticals
Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
CPS Products, 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 | STAR EnviroTech | - | ||||||||
| Add-on | Completed | AAB Smart Tools | - | ||||||||
| Add-on | Completed | UView Ultraviolet Systems Inc. | - | ||||||||
| Private Debt | Completed | CPS Products, Inc. | - | ||||||||
| Buyout | Completed | CPS Products, Inc. | - |
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