Yost Vises, LLC

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

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 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-onCompletedYost Vises, LLC-

Displaying 1 - 1 of 1

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.