G.C. Peterson Machinery

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G.C. Peterson Machinery - overview

Established

1929

Location

Minneapolis, MN-Minnesota, US

Primary Industry

Logistics & Distribution

About

G. C. Peterson Machinery specializes in high-performance automotive braking systems, providing innovative solutions that enhance vehicle safety and driving performance through a range of advanced braking products. Founded in 1929 and based in Minneapolis, US, G.


C. Peterson Machinery manufactures automotive braking systems. The company was acquired by Platinum Group in October 2009, marking a significant shift in its operational strategy. The company specializes in high-performance automotive braking systems, offering a range of products designed to enhance vehicle safety and performance.


Their core product offerings include upgraded performance brake kits, high-quality brake pads, and auto front disc brake conversion kits. These products are engineered to improve stopping power, handling, and overall driving experience, catering to both track enthusiasts and everyday drivers seeking safety upgrades. The company’s brake kits and parts are targeted toward a diverse customer base, including automotive enthusiasts, professional racers, and everyday vehicle owners across various geographical markets such as North America, Europe, and parts of Asia. Each product is designed to address specific challenges related to vehicle braking systems, ensuring that users can achieve optimal performance and safety on the road.


The company generates revenue through direct sales of its automotive products, primarily to consumers and automotive retailers. Transactions typically occur on a B2C basis, where individual customers purchase products directly from the company's website or authorized dealers. The firm may also engage in partnerships with automotive retailers and wholesalers to distribute its products more widely. Specific pricing plans for products are structured to offer competitive rates while ensuring quality, particularly for flagship items such as performance brake kits and conversion kits.


By focusing on high-performance components, the company positions itself within a niche market, appealing to customers willing to invest in safety and performance upgrades for their vehicles. G. C. Peterson Machinery plans to expand its product line, focusing on the development of new high-performance brake systems scheduled for launch in the upcoming quarters.


The company aims to penetrate new markets, particularly in key regions like Asia and Europe, by the end of 2023. The recent acquisition in October 2009 provides strategic backing to enhance product offerings and market outreach.


Current Investors

Platinum Group

Primary Industry

Logistics & Distribution

Sub Industries

Logistics & Distribution

Website

www.gcpeterson.com

Verticals

Manufacturing

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

G.C. Peterson Machinery - 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)
BuyoutCompletedG.C. Peterson Machinery-

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G.C. Peterson Machinery - employee data

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