Novus Sealing Pty Ltd

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Novus Sealing Pty Ltd - overview

Established

2003

Location

Perth, NT, Australia

Primary Industry

Materials

About

Founded in 2003 and based in Australia, Novus Sealing Pty Ltd, formerly known as Dellgrove Pty Ltd, operates as a manufacturer and trader of gaskets and sealing products for the industrial and manufacturing sectors. In August 2022, The Flexitallic Group, Inc. , a portfolio company of Bridgepoint, acquired Novus Sealing Pty Ltd. Some of the firms served by the company include the oil and gas industry, petrochemicals, mining, automotive, water treatment, general engineering, etc.


The company has offices in Perth and Melbourne in Australia. The firm’s product range includes PTFE jointing and sealing products and accessories in its Uniflon series. The company also offers high-temperature applications as sheet material, filler for spiral wound gaskets or facing for cam profiles, and other rubber, compressed fiber sheets, metal gaskets, lubrications, joints, and guards. Moreover, Novus Sealing offers custom laser cutting services, and shutdown and turnaround support services.


The August 2022 acquisition will support Novus Sealing Pty Ltd better serve Australian and Asian markets.


Current Investors

The Flexitallic Group, Inc.

Primary Industry

Materials

Sub Industries

Industrial Machinery, Advanced Materials, Rubber & Plastics

Website

www.novussealing.com.au

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Novus Sealing Pty Ltd - 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)
Add-onCompletedNovus Sealing Pty Ltd-

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