Vorteq Coil Finishers, LLC

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Vorteq Coil Finishers, LLC - overview

Established

1982

Location

-, PA, US

Primary Industry

Chemicals

About

Vorteq Coil Finishers, LLC specializes in advanced coil coating services, enhancing the aesthetic appeal and durability of steel and aluminum products for various industries. Their operations are tailored to meet diverse client needs through personalized service. Founded in 1982 and headquartered in the US, Vorteq Coil Finishers, LLC focuses on providing high-quality coil coating services. The company was acquired in November 2021 by Shadowbriar Capital Partners and its management from Peninsula Pacific Strategic Partners, which aligns with their strategic growth objectives.


The CEO, Jim Dockey, plays a pivotal role in steering the company’s vision. Vorteq specializes in advanced coil coating services, primarily targeting the building products, transportation, and metal fabrication industries. Their core offerings involve painting and processing steel and aluminum coils, enhancing their aesthetic appeal, durability, and adaptability for various end-use applications. The company operates eleven coil coating lines across North America, enabling them to serve a diverse client base that includes manufacturers and distributors within these sectors.


Vorteq's concierge-like service model emphasizes personalized customer relationships, facilitating flexible and customized solutions that cater to specific project requirements. This approach allows clients to efficiently manage inventory and lead times, ensuring that they receive tailored services that align with their operational needs. Vorteq’s revenue generation is primarily driven through business-to-business transactions with their clients, which include manufacturers and suppliers in the building products, transportation, and metal fabrication sectors. The company engages in direct sales agreements for their coating services, where clients place orders based on their specific needs for color and quantity.


These transactions are structured around individual projects rather than subscriptions or wholesale partnerships. The pricing model is determined by the complexity and scale of the coating services required, with variations based on the type of metal being processed and the specific finishing techniques employed. The acquisition in November 2021 is aimed at supporting Vorteq's growth plans and enhancing brand recognition. The company is likely to focus on expanding its operations into new geographic regions, although specific markets have not been disclosed.


The recent acquisition will provide the necessary capital to support these initiatives, ensuring that Vorteq remains aligned with industry trends and customer needs.


Current Investors

Shadowbriar Capital Partners

Primary Industry

Chemicals

Sub Industries

Web Applications, Paints & Coatings, Steel & Metals

Website

www.vorteqcoil.com

Verticals

Manufacturing

Company Stage

Mature

Total Amount Raised

Subscriber access only

Vorteq Coil Finishers, LLC - 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)
Add-onCompletedAlmexa Alumino's Coil Coating Operations-
Secondary BuyoutCompletedVorteq Coil Finishers, LLC-
Add-onCompletedVorteq Pacific, LLC-
Add-onCompletedVorteq Woodstock, LLC-
RestructuringCompletedVorteq Coil Finishers, LLC-

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