New Age Cryo Inc

New Age Cryo Inc specializes in advanced industrial cleaning services, providing environmentally friendly solutions using innovative technologies like dry ice blasting and high-pressure cleaning to various sectors including manufacturing and transportation. New Age Cryo Inc is engaged in delivering specialized industrial cleaning services. The company operates from its headquarters in Chicago, US. In June 2018, Hadley Capital acquired New Age Cryo Inc.

The transaction details were not disclosed. The founder's history and previous ventures are not available. New Age Cryo has conducted 1 deal, with the most recent occurring on June 1, 2018. New Age Cryo offers a comprehensive range of specialized industrial cleaning services designed for plants and facilities, including high-pressure blasting, vacuum truck cleaning, large-scale painting, micro-abrasive blasting, and compressed CO2 blasting.

These services address the complex cleaning needs of various industries such as manufacturing, transportation, and railcar maintenance. The company's advanced technologies, like Sponge-Jet and dry ice blasting, provide environmentally friendly solutions that minimize dust and emissions while effectively preparing surfaces for maintenance or restoration. New Age Cryo serves a diverse client base, including industrial facilities and transportation companies across several regions, primarily in the Midwest and other parts of the United States. The emphasis on safety and efficiency allows the company to cater to demanding work environments and tight operational timelines, ensuring that clients can maintain productivity without disruptions.

New Age Cryo generates revenue through a direct-to-business model, engaging in service contracts with industrial clients across various sectors. Transactions typically involve negotiated contracts for specific cleaning services, such as high-pressure blasting or dry ice blasting, which are priced according to the complexity and scale of the job. The company establishes long-term partnerships with clients for routine maintenance services, thereby ensuring a steady revenue stream. While specific pricing plans for individual services have not been publicly disclosed, the revenue structure underscores the company's commitment to tailored solutions that meet each client's unique cleaning demands.

The firm’s flagship offerings, including its advanced Sponge-Jet technology and vacuum truck services, play a pivotal role in its revenue generation strategy, enhancing customer satisfaction and loyalty. New Age Cryo is focused on expanding its market presence and enhancing its service offerings. The company aims to design and launch new products targeting specific industrial cleaning challenges by mid-2024. Plans are in place to expand into new geographical regions, including the Southeast and West Coast of the United States by the end of 2024.

The funds from the June 2018 acquisition by Hadley Capital will support these initiatives, focusing on technology investments and operational scaling to meet growing market demands.