AFC Industries

Fairfield, United States Founded: 2015 • Age: 11 yrs Acquired By Bertram Capital
AFC Industries is recognized as a full-service industrial distributor.
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About AFC Industries

AFC Industries is a company based in Fairfield (United States) founded in 2015 was acquired by Bertram Capital in April 2021. It operates as a Managed Services, and Reseller / Distribution. AFC Industries has raised $34.01 million across 2 funding rounds from investors including Bertram Capital. AFC Industries has completed 17 acquisitions, including AFC Industries, Aall American Fasteners and Chicago Industrial Fasteners. AFC Industries offers products and services including Supply Chain Solutions, Inventory Management, Value-Added Services, Technical Services, and Custom Engineered Components.

  • Headquarter Fairfield, United States
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Afc Industries
Operational Areas
Industrial Goods & Manufacturing → Industrial Materials & Resources
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $34.01 M (USD)

    in 2 rounds

  • Latest Funding Round
    $1.54 M (USD), Series A

    Nov 26, 2018

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Bertram Capital

    (Apr 21, 2021)

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Products & Services of AFC Industries

AFC Industries offers a comprehensive portfolio of products and services, including Supply Chain Solutions, Inventory Management, Value-Added Services, Technical Services, and Custom Engineered Components. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Vendor managed inventory services are provided for manufacturers.

Inventory solutions are tailored to increase productivity efficiently.

Outsourcing processes are offered to focus on manufacturing.

Technical support is provided to optimize product design.

Custom components are designed for specific industrial needs.

People of AFC Industries
Headcount 500-1000
Employee Profiles 59
Employee Profiles
People
Don Ortiz
Senior DC Manager
People
Matthew Lovley
Supply Chain Cost Manager
People
Ethan Ivey
Account Manager / Inside Sales Representative
People
Eddie Fuqua
General Manager

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Funding Insights of AFC Industries

AFC Industries has successfully raised a total of $34.01M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $1.54 million completed in November 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Series A — $1.5M
  • First Round

    (09 Apr 2015)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2018 Amount Series A - AFC Industries Valuation

investors

Apr, 2015 Amount Series A - AFC Industries Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in AFC Industries

AFC Industries has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Bertram Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Bertram Capital is focused on private equity investments in lower middle-market companies.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by AFC Industries

AFC Industries has strategically engaged in corporate development activities, having acquired 17 companies. Notable acquisitions include AFC Industries, Aall American Fasteners and Chicago Industrial Fasteners. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Master Distribution is engaged in supplying hardware and fasteners.
2005
Master Distribution is engaged in supplying industrial hardware and fittings.
2005
Custom and standard industrial fasteners are manufactured and supplied.
2003
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - AFC Industries

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Afc Industries Comparisons

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Competitors of AFC Industries

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Afc Industries

Frequently Asked Questions about AFC Industries

When was AFC Industries founded?

AFC Industries was founded in 2015.

Where is AFC Industries located?

AFC Industries is headquartered in Fairfield, United States.

Is AFC Industries a funded company?

AFC Industries is a funded company, having raised a total of $34.01M across 2 funding rounds to date. The company's 1st funding round was a Series A of $32.48M, raised on Apr 09, 2015.

What does AFC Industries do?

AFC Industries is established as a full-service industrial distributor specializing in supply chain solutions for OEM manufacturers, utilities, and distributors. Services such as vendor managed inventory, kitting, light assembly, and private labeling are provided across multiple industries. Custom engineered products and technical support are offered to optimize manufacturing processes and reduce costs. The company operates with a focus on solving customer problems and creating value through tailored solutions. A wide assortment of C-Class components and fasteners is distributed to meet diverse industrial needs. Operations are supported by a legacy of prominent brands and a commitment to quality with industry certifications.

What products or services does AFC Industries offer?

AFC Industries offers Supply Chain Solutions, Inventory Management, Value-Added Services, Technical Services, and Custom Engineered Components.

How many acquisitions has AFC Industries made?

AFC Industries has made 17 acquisitions, including AFC Industries, Aall American Fasteners, and Chicago Industrial Fasteners.

Who are AFC Industries's investors?

AFC Industries has 1 investor. Key investors include Bertram Capital.

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