Farwest Corrosion Control Company
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Farwest Corrosion Control Company - overview
Established
1956
Location
-, CA, US
Primary Industry
Logistics & Distribution
About
Based in California, US, and founded in 1956, Farwest Corrosion Control Company operates as a provider of cathodic protection and corrosion control services to the oil and gas, water, marine, agriculture, and power industry. In October 2022, the firm raised a growth investment from IMB Development Corporation. The company, as of November 2022, has over 175 employees in its 8 regional offices, serving customers across 20 different countries, and is led by Marnie and Troy Rankin. The company operates as a full-line distributor and manufacturer of cathodic protection and corrosion control products like platinum, zinc, and graphite anode, isolation equipment, test and inspection tools, junction and bond boxes, cable splicing and sealing products, etc.
The firm also offers engineering and installation services to its customers including deep well anode installation, AC mitigation system installation, system maintenance, repairs and project planning in installation services and system design solutions, system testing, monitoring, and troubleshooting, etc in engineering services.
Current Investors
IMB Partners
Primary Industry
Logistics & Distribution
Sub Industries
Engineering, Electronic Components & Semiconductor Wholesalers, Industrial Wholesalers, Web Applications
Website
www.farwestcorrosion.com
Verticals
E-commerce, Infrastructure, Manufacturing
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Farwest Corrosion Control Company - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Farwest Corrosion Control Company | - |
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