Franklin Iron Works Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Franklin Iron Works Inc. - overview
Established
1975
Location
-, AL, US
Primary Industry
Materials
About
Based in Alabama, US, and founded in 1975 by Manly Tommie, and June Tommie, Franklin Iron Works Inc. operates as a heat treatment service provider. In March 2022, Druid Capital Partners, LLC and Elyton Capital LLC acquired Franklin Iron Works Inc. As of 2022, the company’s president is Travis Vines, and it has 145 employees.
Franklin Iron Works manufacturers ductile iron castings for a variety of applications, including utilities, agriculture, heavy trucking, piping, valves, tooling, and construction. The company provides services such as core making, molding, melting, heat treating, grinding, and packaging. Following the March 2022 acquisition, the company plans to expand its capabilities and capacity, including targeted equipment upgrades, to serve its key growth markets, including power, wastewater, infrastructure, and agricultural end markets.
Current Investors
Druid Capital Partners, Elyton Capital
Primary Industry
Materials
Sub Industries
Industrial Machinery, Packaging, Materials
Website
www.fiwinc.com
Verticals
Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Franklin Iron Works Inc. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Franklin Iron Works Inc. | - |
Displaying 1 - 1 of 1
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.