Monroe Engineering, LLC
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Monroe Engineering, LLC - overview
Established
1968
Location
Rochester Hills, MI, US
Primary Industry
Industrial Machinery
About
Monroe Engineering, LLC provides tailored manufacturing solutions across diverse sectors, specializing in built-to-order components and custom products that fulfill specific client needs. Monroe Engineering, LLC, founded in 1968, is headquartered in Rochester Hills, US. The company specializes in manufacturing solutions and has executed a total of 4 deals, with the most recent deal closing on December 21, 2021. It underwent a recapitalization when AEA Investors, alongside management, acquired Monroe Engineering Holdings, LLC from ShoreView, details of which remain undisclosed.
The company is led by CEOs Garrett Morelock and Paul Sattler. OneMonroe offers a comprehensive range of manufacturing solutions that cater to diverse industries including manufacturing, distribution, and catalog houses. The company specializes in built-to-order components and custom products tailored to meet specific client requirements. Their product line encompasses various options designed to address unique operational challenges faced by clients, ensuring high-quality solutions that adhere to industry standards.
OneMonroe serves a diverse clientele spanning multiple vertical markets, providing both standard and bespoke offerings that are utilized across North America, Europe, and Asia. The company’s commitment to quality and customization positions it as a key player in the manufacturing sector, effectively addressing the needs of manufacturers and distributors looking for reliable and innovative solutions. OneMonroe generates revenue through a combination of direct sales to businesses and partnerships with manufacturers and distributors. The company engages in B2B transactions, providing customized manufacturing services that align with client specifications.
These transactions involve clients requesting tailored products based on their unique requirements, leading to orders for built-to-order components. The revenue structure includes one-time purchases as well as longer-term agreements under Vendor Managed Inventory (VMI) programs, facilitating ongoing supply relationships. Specific pricing structures and flagship offerings are integral to their business model, allowing clients to choose from a diverse selection of products that best fit their operational needs. The acquisition completed in December 2021 is aimed at expanding Monroe Engineering's industrial distribution solutions.
Future growth initiatives will focus on designing and launching new products, although specific details on release dates are not provided. The company is expected to target expansion into new geographic markets, although specific regions have not been mentioned. The recent funding will support these strategic initiatives, enhancing their manufacturing capabilities and market reach.
Current Investors
ShoreView
Primary Industry
Industrial Machinery
Sub Industries
Industrial Machinery
Website
www.monroeengineering.com
Verticals
Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
Monroe Engineering, LLC - 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 | Completed | Electronic Fasteners, Inc. | - | ||||||||
| Add-on | Completed | Fasteners, Inc. | - | ||||||||
| Secondary Buyout | Completed | Monroe Engineering, LLC | - | ||||||||
| Add-on | Completed | John H. Powers, Inc. | - | ||||||||
| Add-on | Completed | Wisconsin Fastener Supply, Inc. | - |
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