About Alco Manufacturing
Alco Manufacturing is a company based in Elyria (United States) founded in 1971 by Elson Donovan was acquired by MiddleGround Capital in July 2018.. Alco Manufacturing has raised $14.86 million across 1 funding round from investors including MiddleGround Capital. Alco Manufacturing has completed 4 acquisitions, including Alco Manufacturing, K&M Precision Products and Lakeshore Fittings. Alco Manufacturing offers products and services including Precision Machined Parts and Engineering Services.
- Headquarter Elyria, United States
- Founders Elson Donovan
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Email
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Phone
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Website
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Social
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- Legal Name Alco Manufacturing, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$14.86 M (USD)
in 1 rounds
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Latest Funding Round
$14.86 M (USD), Series B
Feb 01, 2016
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Alco Manufacturing
& 3 more
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Acquired by
MiddleGround Capital
(Jul 10, 2018)
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Products & Services of Alco Manufacturing
Alco Manufacturing offers a comprehensive portfolio of products and services, including Precision Machined Parts and Engineering Services. 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.
High-precision parts are machined for various industries using advanced equipment and processes.
Solutions are designed and refined to address manufacturing challenges, incorporating cutting-edge technology.
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Funding Insights of Alco Manufacturing
Alco Manufacturing has successfully raised a total of $14.86M through 1 strategic funding round. The most recent funding activity was a Series B round of $14.86 million completed in February 2016. 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 Funding
- Total Rounds 1
- Last Round Series B — $14.9M
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First Round
First Round
(01 Feb 2016)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2016 | Amount | Series B - Alco Manufacturing | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Alco Manufacturing
Alco Manufacturing has secured backing from 1 investor. Prominent investors backing the company include MiddleGround 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.
| Investor | Description | Founded Year | Domain | Location |
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MiddleGround Capital is engaged in middle market private equity investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Alco Manufacturing
Alco Manufacturing has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Alco Manufacturing, K&M Precision Products and Lakeshore Fittings. 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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Metal sheet fabrication services are provided with precision focus.
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1995 | ||||
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Manufacturer of machine equipment
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1980 | ||||
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Screw machines and CNC equipment are designed and manufactured.
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1951 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Alco Manufacturing
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Alco Manufacturing Comparisons
Competitors of Alco Manufacturing
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Alco Manufacturing
When was Alco Manufacturing founded?
Alco Manufacturing was founded in 1971 and raised its 1st funding round 45 years after it was founded.
Where is Alco Manufacturing located?
Alco Manufacturing is headquartered in Elyria, United States. It is registered at Elyria, Ohio, United States.
Who is the current CEO of Alco Manufacturing?
Phillip Johnson is the current CEO of Alco Manufacturing.
Is Alco Manufacturing a funded company?
Alco Manufacturing is a funded company, having raised a total of $14.86M across 1 funding round to date. The company's 1st funding round was a Series B of $14.86M, raised on Feb 01, 2016.
What does Alco Manufacturing do?
Alco Manufacturing manufacturer of precision machined steel components, focusing on various activities. Active on platforms like Facebook, LinkedIn, it serves clients with dedicated solutions emphasizing quality and innovation. It continues to evolve, meeting industry challenges with strategic approaches and commitment to quality.
What products or services does Alco Manufacturing offer?
Alco Manufacturing offers Precision Machined Parts and Engineering Services.
How many acquisitions has Alco Manufacturing made?
Alco Manufacturing has made 4 acquisitions, including Alco Manufacturing, K&M Precision Products, and Lakeshore Fittings.
Who are Alco Manufacturing's investors?
Alco Manufacturing has 1 investor. Key investors include MiddleGround Capital.
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