Elgin Separation Solutions

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Elgin Separation Solutions - overview

Established

1864

Location

-, TX, US

Primary Industry

Industrial Machinery

About

Founded in 1864 and based in Texas, US, Elgin Power and Separation Solutions, LLC, doing business as Elgin Separation Solutions, operates as a manufacturing company that provides processing equipment such as vertical cutting dryers, packaged mud systems, and decanter centrifuges for the oil and gas, mining, coal, rendering, dredging, and pipeline construction industries. In January 2023, TerraSource Global Corporation, a portfolio company of Right Lane Industries LLC and Right Lane Capital, acquired Elgin Separation Solutions. As of 2023, the company is led by its president, Michael Rai Anderson. The company offers various designing, manufacturing, servicing, and repairing solutions for decanter centrifuges, vertical cutting dryers, and packaged mud systems.


The company also provides turn-key solutions that include natural resource recycling, liquid/solid separation, product classification, dewatering, waste management, and material handling. The company’s brand portfolio includes Clinch River Manufacturing, CMI, Cook Legacy, CSI, IPE, Kemtron Technologies, Norris Screen, and Tabor Machine.


Current Investors

TerraSource Holdings, LLC

Primary Industry

Industrial Machinery

Sub Industries

Facilities & Maintenance Services, Industrial Machinery

Website

www.elginseparationsolutions.com

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

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Elgin Separation Solutions - 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)
Add-onCompletedElgin Separation Solutions-

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