Sungear, Inc.
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Sungear, Inc. - overview
Established
1982
Location
San Diego, CA, US
Primary Industry
Automobiles, Other Vehicles & Parts
About
Sungear, Inc. specializes in manufacturing precision gears and subassemblies, primarily serving the aerospace and defense industries with high-quality, reliable components designed for critical applications. Founded in 1982 in San Diego, US, Sungear, Inc. manufactures precision gear components for aerospace, military, and civil applications.
The firm was acquired by H-D Advanced Manufacturing, Inc. in July 2014, with financial terms undisclosed. Sungear LLC specializes in the manufacturing of precision gears and subassemblies for civil, military, and aerospace applications. Their product range includes internal gears, helical gears, spur gears, and sector gears, alongside assemblies and subassemblies.
Approximately 75% of their gear products are utilized in operational aircraft globally. The company emphasizes early involvement in design processes to deliver cost-effective solutions for aerospace manufacturers and military contractors, serving customers across North America, Europe, and Asia. Sungear LLC generates revenue through direct business-to-business transactions with clients in the aerospace and defense sectors. They typically engage in long-term contracts, which ensure a steady flow of orders for their precision gear products.
Their flagship products, such as specialized helical and spur gears, are priced competitively to attract a diverse client base while maintaining profitability. Revenue is primarily driven by timely deliveries of high-quality components, reinforcing their reputation for reliability and operational efficiency. Sungear, Inc. plans to focus on introducing new product lines designed specifically for the evolving needs of the aerospace industry.
They aim to expand their operations into new markets, particularly targeting regions in Asia and Europe by 2025. The acquisition by H-D Advanced Manufacturing, Inc. in July 2014 is expected to facilitate these growth initiatives, leveraging additional resources to enhance production capabilities and market reach.
Current Investors
Precision Products Machining Group
Primary Industry
Automobiles, Other Vehicles & Parts
Sub Industries
Automobiles, Other Vehicles & Parts
Website
www.sungearinc.com
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Sungear, 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 | Sungear, Inc. | - |
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