Specified Fittings
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Specified Fittings - overview
Established
1997
Location
Bellingham, WA, US
Primary Industry
Materials
About
Specified Fittings specializes in precision-engineered fittings for plumbing and HVAC industries, ensuring high-quality components for residential and commercial applications. Specified Fittings was founded in 1997 in Bellingham, US, focusing on providing high-quality fittings. In November 2019, Harco Fittings LLC acquired Specified Fittings from Montlake Capital to enhance its service offerings across North America. Specified Fittings specializes in providing high-quality, precision-engineered fittings primarily for the plumbing and HVAC industries.
Their core product offerings include a wide range of fittings designed for both residential and commercial applications, ensuring durability and efficiency in system performance. The company serves contractors, builders, and maintenance professionals who require reliable components for effective water and air distribution systems. Specified Fittings operates in various geographical markets, including North America, Europe, and parts of Asia, responding to the demand for high-performance plumbing and HVAC solutions. Specified Fittings has a B2B revenue model, primarily engaging with wholesalers and distributors that supply their fittings to retailers and contractors.
This business model allows for an efficient distribution process, with the company maintaining key partnerships to ensure product availability. Transactions typically involve bulk orders for projects ranging from new construction to renovation, with pricing strategies designed for competitiveness and quality. The revenue stream is robust, driven by ongoing contracts and one-time purchases. Following the acquisition on November 15, 2019, by Harco Fittings LLC, Specified Fittings aims to improve service delivery across North America.
The integration into Harco Fittings will leverage their existing distribution channels to broaden market reach. The company is expected to focus on developing new product lines that align with evolving industry standards, although specific product names and release dates are currently not disclosed.
Current Investors
Montlake Capital
Primary Industry
Materials
Sub Industries
Rubber & Plastics
Website
www.specifiedfittings.com
Verticals
Manufacturing
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Specified Fittings - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Specified Fittings | - | ||||||||
| Growth | Completed | Specified Fittings | - |
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