Scully Welding Supply Corporation

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Scully Welding Supply Corporation - overview

Established

1947

Location

Collingdale, PA, US

Primary Industry

Retail

About

Scully Welding Supply Corporation specializes in the distribution of welding supplies and equipment, along with safety products essential for various industries, including manufacturing and construction. Founded in 1947 in Collingdale, US, Scully Welding Supply Corporation operates in the welding supply sector. The company has undergone strategic changes to enhance its service offerings but does not have any reported mergers or subsidiaries. Key historical milestones include the acquisition by Tech Air Corporate in December 2018, although the financial details of this deal were not disclosed.


Scully Welding Supply Corporation is a prominent distributor of welding equipment and safety products, serving diverse markets in the manufacturing and construction sectors. The product range includes welding electrodes, wires, and various industrial gases such as oxygen, nitrogen, and argon, providing essential supplies for both large manufacturers and individual consumers. The company generates revenue through direct sales and partnerships with distributors, offering ongoing service agreements and subscription-based supplies to ensure material availability. This diversified revenue model supports operations across multiple sectors, including construction and healthcare.


Looking ahead, Scully Welding Supply Corporation aims to introduce new welding product lines and enhance its market presence by targeting expansion into additional regional markets across the US by the end of 2021. The acquisition by Tech Air Corporate in December 2018 is expected to provide the necessary funding to support these initiatives and enable the company to further streamline operations and expand its customer base.


Current Investors

Tech Air Corporate

Primary Industry

Retail

Sub Industries

Home Improvement & DIY, Oil & Gas Exploration and Production, Industrial Wholesalers

Website

www.scullywelding.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Scully Welding Supply Corporation - 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)
Add-onCompletedScully Welding Supply Corporation-

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