Pro-Tech Industries

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Pro-Tech Industries - overview

Established

1980

Location

Vancouver, WA, US

Primary Industry

Logistics & Distribution

About

Pro-Tech Industries delivers robust storage solutions tailored for work trucks, addressing the needs of various industries with reliable products designed for longevity and functionality. Pro-Tech Industries, founded in 1980 and headquartered in Vancouver, US, specializes in the design and manufacturing of durable storage solutions for work trucks. The company has remained consistent in its business strategy without significant pivots. Jeffrey Carpenter currently serves as the CEO of the company.


In August 2013, Harvey & Company acquired Pro-Tech Industries, with the financial terms undisclosed. The company has engaged in one deal since its inception. Pro-Tech specializes in providing durable and reliable solutions for the work truck environment, catering primarily to end users who require robust storage and organizational products for their vehicles. Their core product offerings include custom storage solutions designed to withstand the demands of a hard-working environment, featuring products that facilitate efficient use of space and enhance the functionality of trucks.


ProTech's offerings are engineered with longevity in mind, allowing for easy transfer from older to newer trucks, thus appealing to customers looking for lasting investments. The products serve a wide range of industries, from construction to transportation, and are sold through a network of over 1,200 certified dealers across the United States and Canada, ensuring a broad geographical reach and accessibility for their clientele. Pro-Tech's revenue model primarily involves direct sales through certified dealers and partnerships with retailers, creating a structured distribution network that facilitates transactions with business clients and consumers alike. Sales transactions include one-time purchases of custom storage solutions or bundled packages that feature collaborations with other manufacturers, such as Transfer Flow tanks.


ProTech's pricing structure reflects the durable nature of its products, appealing to clients seeking reliable solutions for their work trucks. The company fosters relationships with its client base by providing tailored solutions through its custom order form, further enhancing its revenue through personalized service offerings that meet specific customer needs. Pro-Tech Industries is focused on expanding its product range with new custom storage solutions scheduled for launch in 2024, emphasizing enhanced durability and functionality. The company aims to penetrate new geographic markets in Eastern Canada and the Midwest region of the US by 2025.


The resources from the acquisition in August 2013 will facilitate these initiatives, allowing Pro-Tech to enhance its product development and market outreach.


Current Investors

Harvey & Company

Primary Industry

Logistics & Distribution

Sub Industries

Trucking

Website

www.protech.net

Verticals

Manufacturing

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Pro-Tech Industries - 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)
BuyoutCompletedPro-Tech Industries-

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