RB Industrial Manufacturing LLC
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RB Industrial Manufacturing LLC - overview
Established
1958
Location
Racine, WI, US
Primary Industry
Industrial Machinery
About
Based in Wisconsin, US, and founded in 1958, RB Industrial Manufacturing LLC, formerly known as R&B Grinding, LLC, operates as a manufacturer of precision tolerance components to a variety of industrial OEM companies. The company was founded by Ray & Marilyn Biddle, and in February 2022, Willis & Smith Capital acquired the company. As of 2022, the company is being led by Gene Simon, as its CEO, employs more than 100 employees, and has a 180,000 square feet facility in Racine (WI). R&B Grinding, LLC offers manufacturing services of close tolerance and precision-engineered parts, for Original Equipment Manufacturers (OEMs) in agriculture, commercial, forestry, defense, consumer, and construction industries.
The company’s process capabilities include grinding, CNC (Computer Numerical Control) turning and milling, automatic screw machines, welding, horizontal and vertical broaching, and assemblies. The acquisition by Willis & Smith Capital will further enhance R&B Grinding, LLC’s process capabilities.
Current Investors
Willis & Smith Capital
Primary Industry
Industrial Machinery
Sub Industries
Industrial Machinery, Logistics & Distribution
Verticals
Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
RB Industrial Manufacturing LLC - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | RB Industrial Manufacturing LLC | - | ||||||||
| Buyout | Completed | RB Industrial Manufacturing LLC | - |
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