SST Bearing Corporation

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SST Bearing Corporation - overview

Established

1957

Location

Loveland, OH, US

Primary Industry

Industrial Machinery

About

SST Bearing Corporation specializes in the production of custom bearings and assemblies for various industrial applications, catering specifically to the needs of original equipment manufacturers (OEMs). Founded in 1957, SST Bearing Corporation is based in Loveland, US and focuses on the development of specialized bearings. The company has undergone strategic evolution to enhance its service offerings, primarily catering to OEMs in the industrial sector. The firm has completed a total of 3 deals, with the most recent deal occurring on April 4, 2022, when it was acquired by Solve Industrial Motion Group.


SST Bearings specializes in the development and production of custom and special bearings, castings, and assemblies tailored to meet the unique demands of original equipment manufacturers (OEMs). The company's flagship product line includes a variety of bearing types, ranging from single row maximum capacity filling slot bearings to heavy-duty configurations designed for rigorous industrial applications. These bearings are utilized in heavy industrial machinery, agricultural equipment, tractors, and trucks, particularly where space constraints limit lubrication system options or where a higher grease supply is necessary. SST Bearings serves a diverse clientele across multiple sectors, including agriculture, mining, and material handling, distributing products into markets such as North America, Europe, and Asia.


Their offerings, which include options for seals, shields, and various internal clearances, are manufactured with precision to comply with industry standards set by organizations such as AFMBA and ANSI. SST Bearings generates revenue through B2B transactions, primarily by supplying their specialized bearing products to OEMs and industrial clients. The sales model typically involves direct partnerships with manufacturers, where clients place bulk orders tailored to their specific needs. Each transaction can encompass a variety of product categories, including their premium line of 440C stainless steel bearings and different grades of stainless steel, with custom designs available on special order.


Pricing structures are established based on the types of bearings ordered, with options for additional features such as locking collar inserts or relubrication capabilities, ensuring clients receive products suited to both light and heavy-duty applications. The company maintains a focus on providing high-quality, customizable solutions that cater to the rigorous demands of their diverse customer base across several key industries. Looking ahead, SST Bearing Corporation aims to expand its product offerings by launching new designs of specialized bearings tailored for emerging markets. The company is targeting expansion into Asia and Europe by the end of 2023.


The recent acquisition by Solve Industrial Motion Group in April 2022 is expected to provide the necessary capital and resources to support these initiatives.


Current Investors

Solve Industrial Motion Group LLC

Primary Industry

Industrial Machinery

Sub Industries

Industrial Machinery

Website

www.sstbearingcorp.com

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

SST Bearing 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)
Trade SaleCompletedSST Bearing Corporation-
Add-onCompletedSST Bearing Corporation-
RecapitalisationCompletedSST Bearing Corporation-

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