Yost Vises, LLC
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Yost Vises, LLC - overview
Established
1904
Location
Holland, MI, US
Primary Industry
Industrial Machinery
About
Yost Vises, LLC is a US-based manufacturer specializing in high-quality vises and related accessories, catering to woodworkers, metalworkers, and hobbyists with a focus on precision and durability. Founded in 1904 in Holland, US, Yost Vises, LLC designs and manufactures a range of vises. The company was acquired by The Eastwood Company in July 2021, enhancing its product offerings without any known changes to its core operations. Kali Yost is recognized as the founder of the company, contributing to its long-standing presence in the industry.
Yost Vises specializes in the design and manufacturing of high-quality bench vises, woodworking vises, drill press vises, clamps, and various vise accessories. Their products serve professional woodworkers, metalworkers, and hobbyists, ensuring precision and stability. The recent addition of a mechanics line of vises expands their portfolio into the automotive and mechanical service sectors, with distribution primarily in North America and a growing presence in Europe and Asia. Yost Vises generates revenue through direct sales to consumers and partnerships with retailers and wholesalers.
Customers can purchase vises and accessories via the company's website or authorized distributors, with pricing structured based on product categories. Flagship items command premium pricing due to their advanced features and durability, positioning the company well within the market. Following its acquisition in July 2021, Yost Vises plans to leverage its product line to complement The Eastwood Company's existing capabilities. Future growth strategies include the design and launch of new products, with a focus on expanding into new markets, specifically targeting additional regions in Europe and Asia by 2023.
The acquisition allows for a broader range of solutions, enhancing the company's competitive positioning.
Current Investors
The Eastwood Company
Primary Industry
Industrial Machinery
Sub Industries
Industrial Machinery
Website
www.yostvises.com
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Yost Vises, LLC - 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 | Yost Vises, LLC | - |
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