Novus Sealing Pty Ltd
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
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 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 | Novus Sealing Pty Ltd | - |
Displaying 1 - 1 of 1

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.