Temple Associates Inc.
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Temple Associates Inc. - overview
Established
1974
Location
Sacramento, CA, US
Primary Industry
Materials
About
Temple Associates Inc. , also known as Grit Guy, specializes in surface preparation solutions, offering high-quality products such as abrasives and blasting media for various industrial applications. Founded in 1974 and headquartered in Sacramento, US, Temple Associates Inc. focuses on surface preparation solutions.
The company was acquired by SurfacePrep in May 2020. Heinz Geyer, the founder, has a background in the abrasive industry. Temple Associates, also known as Grit Guy, specializes in providing high-quality surface preparation solutions through a diverse range of products and services. The company’s core offerings include abrasives, blasting media, and various equipment designed for surface preparation and finishing applications.
Their abrasives, such as aluminum oxide, garnet, and stainless steel shot, are used to enhance surface quality in industries ranging from automotive to aerospace. Additionally, Temple Associates supplies equipment like air blasting systems, paint booths, and vibratory finishing machines, which are essential for processes such as coating, cleaning, and polishing. The company's products are primarily sold in North American markets, particularly targeting sectors that require stringent finishing standards, including manufacturing, construction, and metalworking. Temple Associates operates primarily through a B2B model, supplying products and equipment directly to businesses in various industries.
Revenue is generated through sales of equipment and abrasives, with a focus on long-term partnerships and repeat transactions from their established client base. The company’s transactions typically involve bulk orders of abrasives and specialized equipment, where businesses require a steady supply for their operations. Specific pricing structures are determined based on the type and quantity of products ordered, with flagship offerings likely representing a larger share of revenue due to their widespread demand in the market. As part of the SurfacePrep network, Temple Associates benefits from enhanced distribution capabilities and broader access to customers across North America.
Temple Associates is focusing on developing new products, with plans to launch innovative abrasives and equipment by the end of 2023. The company is also targeting expansion into new geographic markets, specifically Canada and Central America, aiming to establish a presence by mid-2024. The acquisition by SurfacePrep in May 2020 is expected to bolster their growth strategy by leveraging additional resources and market access.
Current Investors
SurfacePrep
Primary Industry
Materials
Sub Industries
Advanced Materials
Website
www.gritguy.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Temple Associates 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 | Temple Associates Inc. | - |
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