Flow International Corporation

Flow International Corporation is a leading provider of waterjet cutting technology, delivering precision cutting solutions tailored for diverse industries, including manufacturing and architecture. Flow International Corporation specializes in waterjet cutting systems, founded in 1974 in Washington, US. The company underwent an acquisition by Waterjet Holdings, Inc. in September 2013 for USD 200 mn, completing the deal in January 2014.

This acquisition transitioned Flow into a privately held entity. Diane Moser and Shahroz Ali are the founders, with Courtney Bedore serving as CEO. Flow Waterjet specializes in waterjet cutting technology, providing a comprehensive range of systems designed to cut various materials, including metals, composites, glass, stone, and food products. Their core offerings include the Mach series of waterjet machines, equipped with advanced cutting heads and software to enable precision cutting of complex shapes and thicknesses.

The technology leverages high-pressure water streams and abrasive materials to achieve clean cuts without generating heat-affected zones, making it suitable for industries such as manufacturing, architecture, and fabrication. Flow's customer base includes machine shops, metal service centers, and job shops across North America, Europe, and Asia, fulfilling specific end-user needs by reducing manual labor and operational costs in cutting processes. In 2013, Flow Waterjet reported a revenue of USD 252. 10 mn with an EBITDA of USD 16.

10 mn. The company generates revenue through direct sales of its waterjet cutting systems, complemented by ongoing service and support agreements, primarily engaging in B2B transactions with manufacturers requiring efficient cutting solutions. Flow International Corporation is focusing on expanding its product line and market reach. The company is actively designing new models within the Mach series, anticipated to launch by early 2015, and is targeting expansion into emerging markets in Asia and Europe by 2016.

The recent funding of USD 200 mn will support these initiatives and bolster the development of advanced technologies. The strategic acquisition completed in January 2014 aims to enhance operational capabilities and facilitate entry into new geographical regions.