Rhino Industries, Inc.

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Rhino Industries, Inc. - overview

Location

Nauvoo, IL, US

Primary Industry

Chemicals

About

Rhino Industries, Inc. is a provider of essential products and services for water and wastewater treatment, focusing on operational efficiency and regulatory compliance across various sectors. Rhino Industries, Inc. specializes in solutions for water treatment and was founded in Nauvoo, US.


The company is led by CEO Melissa Broiles. Rhino Industries has undergone strategic pivots to enhance their offerings but does not have any known subsidiaries or parent companies. The company has completed 2 deals and was previously in partnership with Harbour Group, which exited its stake in the company. Financial terms for that exit were not disclosed.


Rhino Industries, Inc. specializes in a comprehensive suite of products and services aimed at addressing critical needs in water and wastewater treatment. Their core offerings include water treatment cartridge and bag filters, chemical feed pumps, geotextile tubes and liners, reverse osmosis membranes, and turbidity curtains. These products are engineered to enhance operational efficiency, reduce downtime, and ensure compliance with environmental regulations.


The end-users of Rhino Industries’ products span various sectors, including municipal and government entities, industrial facilities, mining operations, and private lake and pond owners. The company serves a diverse geographical market, providing solutions not only domestically but also in international regions where water management and treatment are paramount. Rhino Industries generates revenue through the sale of its specialized products and services, structured primarily through direct business-to-business transactions. Clients typically engage with the company through bulk orders of equipment and systems tailored to their specific water treatment needs.


For instance, municipalities may establish contracts to procure water treatment systems, while industrial clients might require ongoing supplies of chemical feed pumps to maintain their operations. The revenue model may also include service agreements for maintenance and consultation, allowing clients to benefit from Rhino Industries' expertise. Specific pricing plans are tailored to the scale of projects and services provided, ensuring that each client receives a customized solution that meets both their operational requirements and budgetary constraints. Rhino Industries, Inc.


is focused on launching new water treatment products in the upcoming year, designed to address emerging challenges in the water sector. The company plans to expand its market presence into additional regions within North America and select international markets by the end of 2024. Recent funding will support the development of these products and facilitate entry into new markets, ensuring that the company can meet growing demand. The exit of Harbour Group indicates a potential shift in strategic focus, allowing for greater independence in pursuing these growth initiatives.


Primary Industry

Chemicals

Sub Industries

Recycling, Chemicals

Website

www.rhinodewateringsolutions.com

Total Amount Raised

Subscriber access only

Rhino Industries, Inc. - 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)
BuyoutCompletedRhino Industries, Inc.-
Unspecified ExitCompletedRhino Industries, Inc.-

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