GMI Group
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GMI Group - overview
Established
1994
Location
Humble, TX, US
Primary Industry
Materials
About
Founded in 1994 and based in Texas, US, GMI Group, formerly known as Gulf Manufacturing, LLC, operates as a distributor and manufacturer of flange and forged products, forged bar, seamless pipe, and fittings for the oil and gas industry. In March 2024, Gulf Manufacturing, LLC, acquired Ameriforge, LLC. The company offers various equipment used in the oil and gas industry, including API 6A flanges and fittings, cushion tees and target tees, swivel flanges, paddle blinds and figure-8s, bleed rings and paddle spacers, butt weld fittings, concentric and eccentric reducers, heavy wall elbows, and many more. The company also provides additional machining services like tapping and socket welding on most products, along with consultations to help clients identify the best solutions for their needs.
Current Investors
Main Street Capital Corporation
Primary Industry
Materials
Sub Industries
Electrical, Plumbing & Hardware Distributors, Steel & Metals
Verticals
Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
GMI Group - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Ameriforge LLC | - | ||||||||
| Recapitalisation | Completed | GMI Group | - |
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