Pneumatic Conveying, Inc.
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Pneumatic Conveying, Inc. - overview
Established
1978
Location
-, CA, US
Primary Industry
Industrial Machinery
About
Pneumatic Conveying, Inc. specializes in engineering customized pneumatic conveying systems for efficiently handling dry bulk materials across various industries, including food and pharmaceuticals. Pneumatic Conveying, Inc. was founded in 1978 in Ontario, US, focusing on the development of advanced pneumatic systems.
The firm had a notable pivot when it was acquired by Hadley Capital in February 2017. The company operates globally, serving clients in North America, Europe, and parts of Asia. The current CEOs are Kevin Melendy and Matthew Hemenez. Pneu-Con specializes in custom-engineered pneumatic conveying systems designed for the efficient handling of dry bulk materials across various industries including food, pharmaceuticals, chemicals, and plastics.
Their core offerings include high-volume pneumatic conveying systems and self-contained vacuum loaders, specifically the Whisper® Loaders™, which are ready-to-run kits designed for easy installation and operation. These systems effectively transport bulk materials such as grains, powders, and pellets by utilizing air to create a vacuum. Pneu-Con has a strong client base, serving thousands of customers globally, including well-known brands in the food and beverage sector, such as breweries and coffee manufacturers. Pneu-Con's revenue model is predicated on B2B transactions, primarily focusing on direct sales to businesses requiring specialized pneumatic conveying systems and components.
The firm engages in partnerships with clients to provide comprehensive solutions that include installation, startup services, and ongoing maintenance for their equipment. Their product transactions encompass complete systems, replacement parts, and subscription-based preventive maintenance programs, contributing to customer satisfaction and repeat business. Pneumatic Conveying, Inc. is focused on expanding its product line with the development of new pneumatic conveying systems.
The firm is targeting further market penetration in Europe and Asia by the end of 2023. The strategic acquisition by Hadley Capital in February 2017 is expected to support these growth initiatives, although specific financial terms were not disclosed.
Current Investors
Hadley Capital
Primary Industry
Industrial Machinery
Sub Industries
Industrial Machinery
Website
http://www.pneumaticconveyingsolutions.com
Verticals
Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Pneumatic Conveying, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Pneumatic Conveying, Inc. | - |
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Pneumatic Conveying, Inc. - employee data
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