Tecnoforge
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Tecnoforge - overview
Location
-, -, Italy
Primary Industry
Oil & Gas
About
Tecnoforge is a specialized company focused on providing advanced manufacturing solutions in the field of metal forging and machining, catering to various industries such as automotive and aerospace. Tecnoforge operates primarily in the metal forging and machining sector, providing high-quality products and solutions for automotive and aerospace applications. Founded in Italy, the company has established itself as a key player in its domain. Over the years, Tecnoforge has remained consistent in its business strategy without significant pivots or changes.
Its headquarters is located in Italy, and the company has been involved in 2 deals as of December 22, 2004. The founder's background details are not disclosed in the available information. Tecnoforge specializes in offering a wide range of products and services aimed at the automotive and aerospace sectors. Their core offerings include precision-forged components, custom machining services, and complete assembly solutions.
The company’s products are designed to meet strict industry standards and are distributed globally across various markets, emphasizing safety and performance for critical applications. Tecnoforge's revenue model is predominantly B2B, supplying its products directly to manufacturers in the automotive and aerospace industries. The company engages in long-term contracts and bulk orders, ensuring a steady revenue stream. Specific pricing for individual products is proprietary, with a focus on competitive pricing strategies to enhance customer relationships and maintain market presence.
Technoforge plans to introduce new product lines tailored for emerging market demands in the automotive sector, with anticipated releases by the end of 2023. The company is also looking to expand into the Asian market, particularly targeting growth in regions such as Southeast Asia by 2025. Recent funding secured will aid in enhancing research and development initiatives to drive innovation and support its expansion efforts.
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Equipment and Services, Electrical, Plumbing & Hardware Distributors
Website
www.tecnoforge.com
Verticals
Manufacturing
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Tecnoforge - timeline of key events

Tecnoforge - financials
| Fiscal Year Ended | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 406,360,978 | 382,414,171 | 343,554,139 | 251,601,827 | 267,562,102 | 174,883,406 | 195,675,615 | - | - | - |
| % Revenue Growth (YoY) | - | (5.9%) | (10.2%) | (26.8%) | 6.3% | (34.6%) | 11.9% | - | - | - |
| EBITDA (USD) | 60,090,732 | 26,834,020 | 20,294,557 | 11,196,611 | 12,136,084 | (24,249,341) | (135,402,107) | - | - | - |
| Operating Income (USD) | 35,177,205 | 5,184,218 | (763,455) | (10,463,026) | (12,308,965) | (44,154,098) | (149,316,142) | - | - | - |
| Operating Margin | 8.7% | 1.4% | (0.2%) | (4.2%) | (4.6%) | (25.2%) | (76.3%) | - | - | - |
| % EBITDA Margin | 14.8% | 7.0% | 5.9% | 4.5% | 4.5% | (13.9%) | (69.2%) | - | - | - |
| NET Income (USD) | 13,321,660 | 9,672,626 | (5,726,441) | (4,291,339) | (17,415,056) | (46,491,023) | (152,165,446) | - | - | - |
| % Net Margin | 3.3% | 2.5% | (1.7%) | (1.7%) | (6.5%) | (26.6%) | (77.8%) | - | - | - |
Tecnoforge - 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 | Tecnoforge | - | ||||||||
| Buyout | Completed | Tecnoforge | - |
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Tecnoforge - employee data


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