Carolina Industry Technical Services Corp
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
Carolina Industry Technical Services Corp, commonly known as CITSCORP, is a leading industrial distribution company that provides a wide range of products and services to diverse industries. With a commitment to excellence and customer satisfaction, CITSCORP has established itself as a trusted partner for businesses seeking reliable solutions. The company's comprehensive product line caters to the unique needs of its customers, ensuring efficient operations and optimal performance. Product Line Breakdown: Electrical Components: CITSCORP offers a broad range of electrical components, including cables, wires, connectors, switches, circuit breakers, and transformers. These components are crucial for electrical systems, facilitating power distribution, control, and connectivity in industrial settings. Fluid Handling Equipment: The company provides a comprehensive selection of fluid handling equipment, such as pumps, valves, fittings, hoses, and flow meters. These products enable efficient and safe transportation, control, and management of liquids and gases within industrial processes. Industrial Tools and Equipment: CITSCORP supplies a wide variety of industrial tools and equipment, including power tools, hand tools, cutting tools, measuring instruments, safety equipment, and welding machines. These tools and equipment support a range of tasks, maintenance, and repairs required in industrial operations. Safety and Personal Protective Equipment (PPE): The company offers an extensive range of safety products and personal protective equipment, including protective clothing, helmets, gloves, eyewear, respiratory protection, and fall protection gear. These products ensure the safety and well-being of workers in hazardous industrial environments. Maintenance, Repair, and Operations (MRO) Supplies: CITSCORP provides MRO supplies, including adhesives, lubricants, sealants, fasteners, abrasives, and industrial cleaning products. These supplies are essential for the maintenance, repair, and smooth operation of industrial equipment and machinery.
Keywords
Keywords
Classified
Private