Penn Detroit Diesel Allison

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Penn Detroit Diesel Allison - overview

Established

1950

Location

Philadelphia, PA, US

Primary Industry

Industrial Machinery

About

Penn Detroit Diesel Allison specializes in providing high-quality diesel engines, parts, and service solutions for commercial vehicles, ensuring optimal performance and reliability in various applications. Founded in 1950 and headquartered in Philadelphia, US, Penn Detroit Diesel Allison focuses on delivering advanced diesel engine solutions. The company was involved in a Recapitalisation round in August 2006, raising USD 59. 10 mn from Ares Management, marking a significant milestone in its funding journey.


The leadership team includes CEOs Harry Schlereth and Joe Dougherty, steering the firm towards continued growth and innovation. Penn Detroit Diesel Allison offers a variety of products including diesel engines, components, and repair services tailored for commercial and industrial applications. Their solutions are designed to enhance efficiency and reliability, serving a wide range of clientele from small businesses to large enterprises. The company generates revenue through a diverse pricing structure for its products and services, focused on building long-term client relationships.


Their revenue model includes direct sales and service contracts, ensuring ongoing support and updates for their clients. Looking ahead, Penn Detroit Diesel Allison aims to develop new engine technologies and expand its product offerings by targeting specific sectors within the automotive industry. With the recent funding of USD 59. 10 mn, the company plans to enhance its operational capabilities and explore new market opportunities, particularly in North America and Europe, by 2025.


Current Investors

Ares Management

Primary Industry

Industrial Machinery

Sub Industries

Industrial Machinery

Website

www.penndda.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

Penn Detroit Diesel Allison - 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)
RecapitalisationCompletedPenn Detroit Diesel Allison-

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