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11/2024

TECHNIFAB PRODUCTS acquired by CRANE COMPANY

UNITED STATES Industrial Equipment / Components / Valves, Pumps & Taps EV 20M - 50M USD

Context

Crane has successfully finalized the acquisition of 100% of Technifab Products, integrating the entity into its Process Flow Technologies (PFT) segment. This strategic move follows a sequence of targeted investments in the cryogenics sector, designed to establish a comprehensive technical suite for high-growth end markets such as semiconductor and pharmaceutical manufacturing. The strategic rationale for the transaction centers on the convergence of the target’s specialized vacuum-insulated piping expertise with the group’s existing cryogenic valve and control capabilities. By incorporating this differentiated manufacturing platform, the group bolsters its ability to provide end-to-end solutions for complex fluid management in the energy transition sector. The partnership is intended to leverage the group’s global distribution network and industrial scale to accelerate the target’s growth and technical development. This integration reinforces the group’s standing as a primary enabler of digital and industrial evolution in the aerospace and process flow landscapes, ensuring enhanced geographic reach and a more robust multidisciplinary service offering for global institutional clients.

TECHNIFAB PRODUCTS, which reported an EBITDA margin of LOGIN in 2023, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Industry & Manufacturing sector (11.5x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

Technifab Products is a specialized industrial organization dedicated to the design and manufacturing of advanced vacuum-insulated pipe systems and cryogenic valves. The entity’s business model is built on providing both standard and custom-engineered solutions for the storage, transfer, and control of cryogenic fluids. Its value proposition is centered on high-performance thermal insulation technology, which is critical for maintaining the integrity of ultra-low temperature gases in mission-critical environments. Strategically, the firm focuses on serving high-growth technical end markets, including semiconductor manufacturing, medical research, and pharmaceutical production. By leveraging over three decades of engineering expertise, the organization facilitates the deployment of specialized infrastructure for the energy transition, particularly in hydrogen and liquid natural gas applications. The organization operates as a key technical partner for enterprises requiring sophisticated fluid management in harsh or hazardous operational conditions.

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Historical Financials (USD)

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REFERENCES

Valuation range: EV 20M - 50M USD

Revenue range: 10M - 30M USD

EBITDA range: 0M - 5M USD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of TECHNIFAB PRODUCTS by CRANE COMPANY are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Target: technifab products

Acquirer: crane company