DraCool-USA
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
DraCool-USA is a privately-held, minority-owned retailer, servicer and refurbisher of plate heat exchangers. DraCool-USA is headquartered in Carlisle, Ohio with an office in Lykens, PA. Current President, Javier "Tony" Avendano acquired the business in 2002. The company was originally located in Lykens, Pennsylvania. The corporate offices were moved in November 2005 to Lebanon, Ohio. In January of 2007 the company's current corporate offices were purchased and the company was relocated to a new 20,000 square foot facility in Carlisle, Ohio. In January 2007 the company was renamed DraCool-USA. DraCool-USA is now expanding into the international market.
Keywords
Keywords
Classified
Private