Techni Waterjet Pty Ltd
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Techni Waterjet Pty Ltd - overview
Established
1989
Location
Melbourne, VIC, Australia
Primary Industry
Industrial Machinery
About
Techni Waterjet Pty Ltd, located in Melbourne, Australia, specializes in the design and manufacturing of high-pressure abrasive waterjet cutting machines for precision material cutting. Techni Waterjet is a manufacturer of high-pressure abrasive waterjet cutting machines, providing tailored solutions for various cutting applications. Founded in 1989 in Melbourne, Australia, the company has remained independent and has not undergone any significant pivots in its business strategy. The company was acquired by Gravellona Macchine Marmo, a portfolio company of Consilium, in June 2018 for an undisclosed amount.
The founder's specific historical background is not available. Techni Waterjet specializes in the design and manufacture of high-pressure abrasive waterjet cutting machines. Their core products, including the Intec™G2 Series, enable precision cutting of materials up to 12 inches (300mm) thick. The company addresses industry challenges with customized solutions that enhance productivity in sectors such as metal fabrication, aerospace, automotive, and architecture.
With over 35 years of experience, Techni Waterjet serves a global clientele from regions such as North America, Europe, Asia, and Oceania, providing comprehensive support including installation, training, and ongoing technical assistance. Techni Waterjet generates revenue primarily through direct sales of their waterjet machines and related services such as training and support. Their clientele includes manufacturers and industrial firms that purchase equipment customized to their needs. Revenue is further supported by sales of parts and accessories from their online store.
The flagship Intec™G2 waterjet cutting machines are positioned as high-end solutions in the market, and the company also engages in service contracts and maintenance agreements to ensure ongoing revenue post-sale. Techni Waterjet's future growth strategy includes plans to expand its product line with new waterjet cutting technologies, expected to be launched in the upcoming fiscal year. The company aims to increase its market presence in North America and Europe by 2025, leveraging the support from recent funding, particularly following their acquisition in June 2018. This acquisition enables the company to enhance its operational capabilities and expand into new geographic markets.
Current Investors
Gravellona Macchine Marmo
Primary Industry
Industrial Machinery
Sub Industries
Industrial Machinery
Website
www.techniwaterjet.com/
Verticals
E-commerce, Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Techni Waterjet Pty Ltd - 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 | Techni Waterjet Pty Ltd | - |
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