Midwest Folding Products Corp.

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Midwest Folding Products Corp. - overview

Established

1947

Location

Springfield, IL, US

Primary Industry

Consumer Products

About

Midwest Folding Products Corp. specializes in manufacturing durable folding furniture solutions for commercial and institutional use, including tables, chairs, and portable stages. Founded in 1947 and headquartered in Springfield, US, Midwest Folding Products Corp. specializes in folding furniture manufacturing.


The company has not undergone notable shifts in business strategy or ownership and has engaged in one recorded deal, with the most recent transaction occurring on April 1, 1997. The current CEOs are Mario Allmon and Michael Lees. Midwest Folding Products specializes in the manufacturing and distribution of high-quality folding furniture solutions designed for commercial and institutional use. Their core product offerings include folding tables, chairs, and portable staging systems, which are engineered for durability and ease of use in various environments such as schools, conference centers, and banquet facilities.


These products address the needs of space optimization and flexibility, allowing end-users to efficiently configure and reconfigure their spaces for different events. The company’s products are utilized across multiple geographical markets, including the United States, Canada, and select regions in Europe, catering to a diverse client base that includes educational institutions, event planners, and hospitality businesses. The revenue structure of Midwest Folding Products is primarily driven through direct sales to institutional clients and B2B partnerships with wholesalers and retailers. Transactions typically involve bulk orders of their flagship products, with clients purchasing folding tables and chairs to meet specific event demands.


The company implements a straightforward pricing model, where clients can obtain quotes based on order volume and product specifications. Through established relationships with distributors and direct sales efforts, Midwest Folding Products engages in recurring transactions that ensure a steady flow of revenue, especially within the commercial furniture sector. The pricing plans reflect the quality and customization options available for their furniture solutions, further solidifying their market position. Midwest Folding Products is focusing on enhancing its product line with new offerings set to launch by mid-2024, aimed at meeting evolving market demands.


The company plans to expand into new markets including Mexico and select regions in South America by 2025. Recent funding received will be allocated to boosting production capabilities and supporting the development of these new products, ensuring alignment with their growth strategy.


Primary Industry

Consumer Products

Sub Industries

Furniture

Website

www.midwestfolding.com

Verticals

Manufacturing

Company Stage

Mature

Total Amount Raised

Subscriber access only

Midwest Folding Products Corp. - 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)
Private DebtCompletedMidwest Folding Products Corp.-

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