Process Technology, Inc.
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
Process Technology, Inc. is a provider of advanced thermal solutions and equipment for industrial processes. With a strong commitment to innovation, quality, and customer satisfaction, Process Technology has established itself as a trusted partner for businesses across diverse industries, including semiconductor manufacturing, chemical processing, pharmaceuticals, and water treatment. Product Line Breakdown: Electric Heaters: Process Technology offers a comprehensive range of electric heaters designed for precise and efficient heating applications. These heaters are available in various configurations, including immersion heaters, circulation heaters, flange heaters, and high-temperature heaters. Process Technology's electric heaters are known for their durability, energy efficiency, and accurate temperature control, making them ideal for critical processes in industries such as semiconductor manufacturing and chemical processing. Heat Exchangers: The company provides a wide selection of heat exchangers that enable efficient heat transfer in industrial processes. Process Technology's heat exchangers are designed to meet specific requirements, including shell and tube heat exchangers, plate and frame heat exchangers, and immersion coil heat exchangers. These solutions offer optimal thermal performance, compact design, and corrosion resistance, ensuring reliable operation and cost-effective heat exchange. Temperature and Process Controls: Process Technology offers a range of temperature and process control solutions that enable precise monitoring and regulation of thermal processes. These control systems include temperature controllers, process controllers, and programmable logic controllers (PLCs). With advanced features such as PID control algorithms and intuitive interfaces, Process Technology's control systems provide accurate temperature control, data logging, and system integration for enhanced process efficiency. Quartz Heaters and Components: Process Technology specializes in quartz-based thermal solutions for applications that require high purity and exceptional temperature uniformity. The company offers quartz immersion heaters, quartz tubes, and quartz flow heaters. These products are widely used in the semiconductor, solar, and electronics industries, where cleanliness and precise temperature control are critical. Water Heating and Treatment Systems: Process Technology provides water heating and treatment solutions for industries that require reliable hot water generation or water purification. The company offers a range of water heaters, including circulation heaters, inline heaters, and skid-mounted systems. Additionally, Process Technology delivers water treatment systems such as reverse osmosis (RO) systems, deionization (DI) systems, and ultraviolet (UV) disinfection units, ensuring the delivery of high-quality water for various industrial applications. Custom Thermal Solutions: Process Technology excels in providing custom thermal solutions tailored to meet unique customer requirements. The company's experienced engineering team collaborates closely with clients to develop customized systems, integrating various thermal components and controls. These solutions address specific process challenges and deliver optimized performance, efficiency, and reliability. Service and Support: Process Technology is committed to providing excellent customer service and support throughout the lifecycle of its products. The company offers installation assistance, preventive maintenance programs, and responsive technical support to ensure that its customers' thermal systems operate at peak performance. Additionally, Process Technology provides training programs to equip customers with the necessary knowledge and skills to maximize the benefits of their thermal solutions.
Keywords
Keywords
Classified
Private