Federal Equipment Company

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Federal Equipment Company - overview

Established

1982

Location

Cincinnati, OH, US

Primary Industry

Industrial Machinery

About

Based in Ohio, US, and founded in 1982, Federal Equipment Company specialized in engineering, manufacturing, and systems integration for the defense industry. Doug Ridenour is the president of the company. In January 2022, Fairbanks Morse, LLC acquired Federal Equipment Company. FEC has approximately 145 employees.


The company supplies specialized military replacement parts for conveyors, elevators, dumbwaiters, and helicopter hangars along with other various equipment to the U. S. Navy. The firm's commercial business delivers handling solutions to manufacturing customers outside the defense market.


The organization's partners include FEC Military, FEC Heliports, TKF, Orion Engineered Seals, and more.


Current Investors

Fairbanks Morse, LLC

Primary Industry

Industrial Machinery

Sub Industries

Engineering, Defence, Industrial Machinery

Website

www.federalequipment.com

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Federal Equipment Company - 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)
N/ACompleted-
Add-onCompletedFederal Equipment Company-

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