Newman Machine Company, Inc.
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Newman Machine Company, Inc. - overview
Established
1907
Location
-, NC, US
Primary Industry
Industrial Machinery
About
Founded in 1907 by George F. Newman and based in North Carolina, US, Newman Machine Company, Inc. operates as a manufacturer of woodworking machinery for precision applications in planer mills, furniture plants, sawmills, and pallet mills. In November 2023, InCompass LLC, a portfolio company of TJM Capital Partners, acquired Newman Machine Company.
The company offers various machines that include cutterhead grinders, helical carbide cutterheads, knife grinders, planer-matcher systems, rough lumber planers, sanders, shaving machines, specialty planers, surfacers, and trimmers used in the lumber, millwork, and furniture industries. The company also provides repair services for double-sided planers, ripsaws, presses, and wood shavers, as well as comprehensive refurbishing and rebuilding services.
Current Investors
InCompass LLC
Primary Industry
Industrial Machinery
Sub Industries
Industrial Machinery
Website
www.newmanwhitney.com/
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Newman Machine Company, Inc. - 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 | Newman Machine Company, Inc. | - |
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