Drake Manufacturing Services Co. LLC
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
Drake Manufacturing Services, founded in 1972 and headquartered in Warren, Ohio, is a provider of precision CNC machines and engineered solutions. They are globally recognized for their innovation and expertise in the thread-grinding industry. The company's product line focuses on precision CNC machine tools, particularly specializing in thread grinding technologies. They are dedicated to delivering quality parts and innovative solutions to their customers. Product/Service Line Breakdown Precision CNC Machine Tools: Drake Manufacturing Services offers a range of precision CNC machine tools, emphasizing thread grinding technologies. Engineered Solutions: The company provides engineered solutions tailored to meet specific manufacturing needs and ensure efficient and accurate machining processes.
Keywords
Keywords
Classified
Private