Firequip

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Firequip - overview

Established

1979

Location

Burlington, NC, US

Primary Industry

Industrial Machinery

About

Firequip specializes in high-performance fire hoses designed for municipal, forest, and industrial firefighting applications, ensuring reliability and effectiveness during critical operations. Founded in 1979 in Burlington, US, Firequip manufactures fire hoses tailored for various firefighting applications. The company was acquired by Resilience Capital Partners in August 2016, with financial terms undisclosed. Firequip has a total of 1 deal, the most recent of which occurred in August 2016.


Firequip specializes in the manufacture of high-performance fire hoses tailored for municipal, forest, and industrial firefighting applications. The company’s core offerings include a range of durable and reliable fire hoses designed to meet the demanding requirements of firefighting professionals. These hoses are engineered for exceptional performance, ensuring safety and efficiency during critical operations. Firequip serves a diverse clientele, including municipal fire departments, forestry services, and industrial sectors that require robust fire protection solutions, distributed across various geographical markets focused on areas facing significant fire-related challenges.


Firequip generates revenue through direct sales of its fire hose products to various end-users, including fire departments and industrial operators. The company engages in B2B transactions, establishing relationships with clients requiring bulk orders for ongoing operational needs. Pricing structures are based on specifications and performance characteristics of the hoses, with flagship products such as the DJ600, DJ800, and Maxi-Flex being significant contributors to the company’s revenue. The company is committed to providing competitive pricing while ensuring high-quality products and service, with industry-leading production processes allowing for lead times of 1-2 weeks to meet urgent customer demands.


Firequip plans to leverage its recent acquisition in August 2016 to enhance its product offerings and expand into new markets. The company is designing upcoming products tailored to evolving firefighting needs, with releases anticipated within the next year. Specific geographic regions targeted for expansion include urban areas with high fire risks and rural regions requiring improved fire safety measures. The recent funding will support these initiatives by facilitating product development and market entry strategies, aligning with Firequip's growth objectives.


Current Investors

Resilience Capital Partners

Primary Industry

Industrial Machinery

Sub Industries

Industrial Machinery

Website

www.firequip.com

Verticals

Manufacturing

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Firequip - 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)
BuyoutCompletedFirequip-

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