OMI Crane Systems, Inc.
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OMI Crane Systems, Inc. - overview
Location
Royse City, TX, US
Primary Industry
Industrial Machinery
About
OMI Crane Systems, Inc. specializes in designing and manufacturing advanced crane solutions for industries like construction, manufacturing, and logistics, enhancing the efficiency and safety of lifting operations. Founded by Mike Bunnel, OMI Crane Systems, Inc. operates out of Royse City, US, providing specialized crane equipment.
The company has undertaken a significant recapitalization transaction with Main Street Capital Corporation in April 2008, when financial terms were not disclosed, signaling a strategic shift in operations. OMI Cranes specializes in the design, manufacture, and support of advanced crane solutions tailored to various industries, including construction, manufacturing, and logistics. Their core product offerings include overhead cranes, gantry cranes, and hoists, engineered for enhanced safety, efficiency, and reliability in lifting operations. OMI Cranes serves a diverse client base globally, including North America, Europe, and select regions in Asia, addressing the specific needs of clients seeking to optimize material handling processes.
OMI Cranes generates revenue primarily through direct sales of its lifting equipment and associated services, including installation, maintenance, and parts support. The business model is structured around B2B transactions, where manufacturers and contractors engage directly with OMI Cranes for custom solutions. Revenue streams also involve ongoing service agreements, fostering long-term relationships with clients. Signature products, such as proprietary overhead crane systems, form a significant part of the revenue stream, supported by their strong market reputation for reliability and performance.
OMI Crane Systems, Inc. is focused on developing new crane products, with plans for specific launches in upcoming years. They aim to expand into new geographic markets, targeting sectors across Asia and Europe by the end of 2025. The equity investment from Main Street Capital Corporation in April 2008 will be utilized to support these strategic initiatives, enhancing their product offerings and market presence.
Current Investors
Main Street Capital Corporation
Primary Industry
Industrial Machinery
Sub Industries
Industrial Machinery
Website
www.omicranes.com
Verticals
Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
OMI Crane Systems, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Recapitalisation | Completed | OMI Crane Systems, Inc. | - |
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