P&M Supply Co., Inc.
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P&M Supply Co., Inc. - overview
Established
1993
Location
Lubbock, TX, US
Primary Industry
Materials
About
P&M Supply Co. , Inc. manufactures cold finished steel bars, specializing in Pump Shaft Quality (PSQ) materials for critical industrial applications, serving diverse sectors including water treatment, oil, and gas. Founded in 1993 and headquartered in Lubbock, US, P&M Supply Co.
, Inc. focuses on producing high-quality steel products for various industrial applications. The company has undergone significant operational shifts to enhance its product offerings and customer service. In April 2018, P&M Supply was acquired by Banner Service Corporation, a move that expanded its operational capabilities.
The company has engaged in one major funding deal to date. P&M Supply Company specializes in manufacturing cold finished steel bars, focusing on Pump Shaft Quality (PSQ) materials. Their offerings include carbon and stainless steel shafting that meets stringent industry standards for diameter, straightness, and finish. The inventory features random-length bars from 1 inch to 3-7/16 inches in diameter, available in lengths of 10 feet and 20 feet, catering to the pump shaft manufacturing needs in sectors such as water treatment, oil and gas, and industrial machinery.
P&M Supply Company generates revenue primarily through direct B2B transactions with industrial clients requiring specialized steel products. Their sales model encompasses both standard inventory sales and custom manufacturing services tailored to client specifications, with pricing based on steel type, dimensions, and finishing complexity. The PSQ materials significantly influence the sales transactions, bolstered by the firm’s operational efficiency and quick lead times. Following its acquisition in April 2018, P&M Supply aims to leverage its new partnership to expand its product line and enter new markets.
The company is currently designing new PSQ products expected to launch by the end of 2023, targeting growth in North America and Europe. The recent acquisition funding will be utilized to support these product development initiatives and market expansion efforts.
Current Investors
Banner Service Corporation
Primary Industry
Materials
Sub Industries
Steel & Metals
Website
www.pmsupplyco.com
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
P&M Supply Co., 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 | P&M Supply Co., Inc. | - |
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