Seaga Manufacturing, Inc.
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Seaga Manufacturing, Inc. - overview
Established
1987
Location
Freeport, IL, US
Primary Industry
Industrial Machinery
About
Founded in 1987 and based in Illinois, US, Seaga Manufacturing Inc. manufactures vending machines. In July 2019, CID Capital acquired a majority stake in Seaga Manufacturing Inc. Following the transaction, Steve Chesney, the company's founder, will still lead the company.
The company designs, engineers, manufactures, and sells industrial, food and beverage, and professional vending machines and serves consumer brands such as Coca-Cola, Pepsi, and Keurig Dr. Pepper. The firm's vending machines features include interlock door constuction for security, dual coils for flexibility, glass doors for product merchandising, cashless payment through Google Wallet and Apply Pay. The company also offers bill changer machines, special vending machines, video training and operations manual on its website, as well as Smartware 360 and SmartwarePro 360 software solutions that offer custom pricing, discount vend scheduling, adjust calorie details, and custom display messages for merchandising.
Current Investors
Maranon Capital, Dominus Capital
Primary Industry
Industrial Machinery
Sub Industries
Education & Training Website, Industrial Machinery, Application Integration Software, Digital Media
Website
www.seaga.com
Verticals
FinTech, Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
Seaga Manufacturing, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Automated Merchandising Systems Inc. | - | ||||||||
| Secondary Buyout | Completed | Seaga Manufacturing, Inc. | - | ||||||||
| Recapitalisation | Completed | Seaga Manufacturing, Inc. | - |
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