Covert Manufacturing, Inc.

Galion, Ohio

Classification

Private

Financials

Revenue & Profit

Revenue

Valuation

Valuation

Ratios

Revenue / EBITDA
$123 MM
Valuation / Revenue
$123 MM
Valuation / Employees
$123 MM
EBITDA / Revenue
$123 MM
1-Year CAGR (Revenue)
03
3-Year CAGR (Revenue)
11
1-Year CAGR (Employees)
19
3-Year CAGR (Employees)
96

People

Employee Figures

Employees

Key Executives

NameTitleSocialsEmailPhone
John DoeEmployee
--
Jane DoeEmployee
John DoeEmployee
John DoeEmployee

401K

Total Active Participants
1234
No. Participants with Account Balances
56789
Total Liabilities Start of Year
1234
Total Assets Start of Year
56789

Deals

M&A2024-03-15Completed

Seller

Founders Group

Investor Sponsors

NorthBridge PE

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

Target

BrightHealth Technologies

Seller

Early Investors Consortium

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

Covert Manufacturing, Inc. is a provider of precision machined components and assemblies for various industries. With over five decades of experience, the company has built a reputation for delivering high-quality, reliable products and exceptional customer service. From its state-of-the-art manufacturing facility, Covert Mfg serves a diverse customer base, ranging from automotive and aerospace to medical and defense sectors, offering tailored solutions to meet the unique needs of each industry. Product Breakdown: Precision Machined Components: Covert Manufacturing specializes in the production of precision machined components, including complex parts made from a variety of materials such as aluminum, steel, titanium, and plastics. These components are manufactured to exacting tolerances using advanced CNC machining equipment and processes, ensuring superior quality and consistency for critical applications in industries such as automotive, aerospace, and medical devices. Assemblies and Subassemblies: In addition to standalone components, Covert Mfg offers assembly and subassembly services, combining its expertise in precision machining with assembly capabilities to deliver integrated solutions to its customers. These assemblies range from simple mechanical assemblies to complex systems, providing customers with cost-effective and efficient solutions for their manufacturing needs. Prototyping and Engineering Support: Recognizing the importance of innovation and product development, Covert Manufacturing provides prototyping and engineering support services to help customers bring their ideas from concept to reality. Utilizing advanced CAD/CAM software and rapid prototyping technologies, the company collaborates with customers to refine designs, optimize manufacturability, and accelerate time-to-market for new products and projects.

Keywords

Keywords

Classified

Private