Security Chimneys International Limited

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Security Chimneys International Limited - overview

Established

1960

Location

Laval, QC, Canada

Primary Industry

Heating, Cooling & Ventilation Equipment and Services

About

Security Chimneys International Limited, based in Canada, specializes in the manufacture and distribution of high-quality chimney systems designed for safety and efficiency in both residential and commercial markets. Founded in 1960 in Laval, Canada, Security Chimneys International Limited focuses on producing chimney solutions. The company has undergone strategic developments to enhance its operations, although no specific pivots have been noted. The founder's history is not detailed, and the firm currently operates independently without known subsidiaries.


Security Chimneys has completed a total of 3 deals, and its investment target was focused on enhancing its manufacturing capabilities. Security Chimneys International primarily specializes in manufacturing high-quality chimney systems and components, designed to meet the diverse needs of both residential and commercial markets. Their product line includes a variety of chimney solutions that are engineered for efficiency and safety, adhering to rigorous UL and ULC standards. The company focuses on providing reliable, innovative products that address critical issues such as venting efficiency, safety compliance, and durability in various environmental conditions.


Serving a wide range of clients, including contractors, builders, and homeowners, Security Chimneys distributes its products across North America, ensuring their solutions are readily available in markets that prioritize quality and safety in chimney installations. Security Chimneys International generates revenue through direct sales of its chimney systems and components to both B2B and B2C segments. The company maintains relationships with contractors and building supply retailers, facilitating bulk purchasing agreements and direct sales transactions. This structure allows for streamlined ordering processes and the potential for long-term partnerships with construction firms and distribution channels.


Specific pricing plans for their products are tailored to various client needs and project requirements, reflecting the quality and compliance standards associated with their flagship offerings. The business model is structured to support both immediate transactions and ongoing service agreements, reinforcing customer loyalty and commitment to product excellence. As part of its future growth strategy, Security Chimneys International plans to launch new products designed to address emerging industry needs, although specific release dates are not disclosed. The company is targeting expansion into new geographic markets to enhance its distribution capabilities.


Recent funding rounds will support these initiatives, particularly focusing on product development and market entry strategies. Notably, Novacap has exited its investment in Security Chimneys International, with financial terms undisclosed.


Current Investors

DuraVent, Inc.

Primary Industry

Heating, Cooling & Ventilation Equipment and Services

Sub Industries

Heating, Cooling & Ventilation Equipment and Services

Website

www.securitychimneys.com

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Security Chimneys International Limited - 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-onCompletedSecurity Chimneys International Limited-
BuyoutCompletedSecurity Chimneys International Limited-
Unspecified ExitCompletedSecurity Chimneys International Limited-

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Security Chimneys International Limited - employee data

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