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

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Tecnoforge - timeline of key events

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Tecnoforge - financials

Fiscal Year EndedDec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)406,360,978382,414,171343,554,139251,601,827267,562,102174,883,406195,675,615---
% Revenue Growth (YoY)-(5.9%)(10.2%)(26.8%)6.3%(34.6%)11.9%---
EBITDA (USD)60,090,73226,834,02020,294,55711,196,61112,136,084(24,249,341)(135,402,107)---
Operating Income (USD)35,177,2055,184,218(763,455)(10,463,026)(12,308,965)(44,154,098)(149,316,142)---
Operating Margin8.7%1.4%(0.2%)(4.2%)(4.6%)(25.2%)(76.3%)---
% EBITDA Margin14.8%7.0%5.9%4.5%4.5%(13.9%)(69.2%)---
NET Income (USD)13,321,6609,672,626(5,726,441)(4,291,339)(17,415,056)(46,491,023)(152,165,446)---
% Net Margin3.3%2.5%(1.7%)(1.7%)(6.5%)(26.6%)(77.8%)---

Tecnoforge - 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 SaleCompletedTecnoforge-
BuyoutCompletedTecnoforge-

Displaying 1 - 2 of 2

Tecnoforge - employee data

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