About API Heat Transfer
Founded in 1947 and based in Buffalo, United States, heat transfer solutions are produced for various industrial sectors. A range of exchangers, including air-cooled, plate, shell and tube, and thermal systems, is developed using multiple technologies. Engineering support is provided from design through testing, manufacturing, and maintenance. Aftermarket parts and services are supplied to sustain equipment functionality, with ongoing improvements achieved via validation processes.
- Headquarter Buffalo, United States
- SectorsIndustrial Goods & Manufacturing
- Phone•••• ••••
- Website apiheattransfer.com
- Social LinkedIn
- Acquired by Guggenheim Partners (Jan 2019)
- Legal Name Api Heat Transfer India Private Limited
- Date of Incorporation 05 Feb, 2013
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹35.65 Cr
FY 2018 · +66% YoY
- Net Profit₹2.31 Cr
FY 2018 · 6% margin
- EBITDA₹4.44 Cr
FY 2018 · 12% margin
- InvestorsGuggenheim Partners
& 3 more
- Acquired by
Associated legal entities of API Heat Transfer
API Heat Transfer operates through Api Heat Transfer India Private Limited (dissolved under section 59(8)). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2018) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Api Heat Transfer India Private Limited CIN U28113PN2013FTC159003 | Dissolved Under Section 59(8) | 05 Feb 2013 | Pune, Maharashtra | ₹35.7 Cr | – | 2 | View details |
Investors in API Heat Transfer
API Heat Transfer has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Guggenheim Partners, Audax Group and Wellspring Capital Management.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm | – | wellspringcapital.com | New York, United States | |
PE firm investing in the US | – | littlejohnllc.com | Greenwich, United States | |
Audax Group is focused on supporting middle market companies. | 1999 | audaxgroup.com | Boston, United States | |
Asset management and investment advisory services are provided to clients. | 1999 | guggenheimpartners.com | New York, United States |
Investor details for API Heat Transfer
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- Round participation
- Investor portfolios
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Board of directors of Api Heat Transfer India Private Limited (API Heat Transfer)
Api Heat Transfer India Private Limited is the primary company behind API Heat Transfer. The board of Api Heat Transfer India Private Limited currently have 2 directors; the longest-serving is Kiran Sharad Joshi, appointed in 2017. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kiran Sharad Joshi DIN 07917600 | Director | 24 Aug 2017 | 9 yrs 1 mo | Api Heat Transfer India Private Limited |
| Mridula Kiran Joshi DIN 08451419 | Director | 14 Jun 2019 | 7 yrs 4 mo | Api Heat Transfer India Private Limited |
People of API Heat Transfer
59 people are tracked at API Heat Transfer (22 in leadership, 37 in team).
| Name | Role | Group |
|---|---|---|
Douglas Bolinger | Sales Director, Plate Heat Exchangers | Leadership |
Eugene Yu | Global Engineering Director - Engine Cooling Products | Leadership |
Patrick Kennedy | Global Director Of New Product Development | Leadership |
Volker Wagner | Global Director Engineering PHE Products | Leadership |
Bob Rutkowski | Director Of Sales - Americas | Leadership |
Greg Smietanski | Vice President General Manager -air Products | Leadership |
Inna Kuzmanova | Chief Accounting Officer | Leadership |
Tim McDonald | Vice President Of Sales | Leadership |
Dave Hampson | Director Of Operations | Leadership |
Roy C. Bierwirth | Executive Director Of Defense Systems | Leadership |
Renee Jones | Director, Finance Operations | Leadership |
Olga Russo Cpa, Ifrs | Director - Financial Planning And Analysis | Leadership |
Mina Abdelkodous | Chief Information Officer (cio), Vice President Of Information Technology | Leadership |
Al Mejia | Senior Vice President And GM Ttp/gt/airtech | Leadership |
George Malina | World Wide Director Of Sales | Leadership |
Andreas Lelek | Sales Director EMEA - Air- & Water-cooled-products | Leadership |
Bryan Day | Director Of Application Engineering - North America | Leadership |
Theresa Jensen | Vice President Global Human Resources | Leadership |
Chip Avery | Chief Financial Officer | Leadership |
Tim Rzeznik | Director Product Transfers And Quality | Leadership |
39 more people are available in the full profile.
Complete people profiles for API Heat Transfer
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- Full employee list
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- Professional contacts
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Financials of API Heat Transfer
Figures of Api Heat Transfer India Private Limited, the primary company behind API Heat Transfer, for FY 2018. Revenue was ₹35.65 Cr (+66% year on year). Net profit was ₹2.31 Cr (6% margin). EBITDA was ₹4.44 Cr (12% margin).
- ₹35.65 CrRevenue · FY 2018 · +66% YoY
- ₹2.31 CrNet profit · 6% margin
- ₹4.44 CrEBITDA · 12% margin
- ₹2.52 CrPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Api Heat Transfer India Private Limited are on its company page.
Detailed financial statements for API Heat Transfer
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Timeline of API Heat Transfer
4 dated milestones of API Heat Transfer across 72 years, from founding to its latest funding, stage changes and deals.
- Founded API Heat Transfer is founded.
- Exit Acquired by Audax Group.
- Exit Acquired by Wellspring Capital Management.
- Exit Acquired by Guggenheim Partners.
Web traffic of API Heat Transfer
The website of API Heat Transfer (apiheattransfer.com) receives about 6.2K visits a month.
- Monthly visits6.2K
▼ 24.5% vs previous month
Websites whose visitors overlap most with API Heat Transfer. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| thermalproducts.com | 100% | 3.5K | #5,021,160 | View details | |
| apischmidt-bretten.de | 92% | – | – | View details | |
cjmulanixco.com | cjmulanixco.com | 70% | – | – | – |
| mehtatubes.com | 59% | – | #7,203,209 | View details | |
techno-system.it | techno-system.it | 55% | – | – | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for API Heat Transfer
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 8 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Similar companies to API Heat Transfer
10 companies that operate in the same segment as API Heat Transfer (Industrial HVAC Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer and manufacturer of heating, ventilation, air conditioning and refrigeration equipment | 1924 | Osaka, Osaka Prefecture, Japan | – | USD 29.47 B | 96,337 | |
Industrial automation, power systems, and semiconductors are manufactured globally. | 1921 | Chiyoda, Tokyo, Japan | – | – | – | |
Industrial refrigeration systems and related products are manufactured. | 1993 | Ahmedabad, Gujarat, India | – | USD 71.2 M | 161 | |
Provider of electric heat solution products to industries | 2001 | Saint Louis Park, Minnesota, United States | – | USD 3.89 B | 12,100 | |
Air filters and filtration products are manufactured by Rensa Filtration. | 1942 | Warrenville, United States | USD 11.49 M | – | – | |
Precision-engineered cooling and air handling products are provided. | 2013 | Redmond, Washington, United States | – | – | – | |
Trane is recognized for providing HVAC solutions globally. | 1885 | Swords, Fingal, Ireland | – | – | – | |
Heat exchangers for refrigeration and air conditioning are manufactured. | 1994 | Varese, Lombardy, Italy | USD 1.75 M | USD 709.45 M | 30 | |
Plastic piping products are manufactured for the construction industry. | 1980 | Doncaster, England, United Kingdom | – | – | – | |
Provider of aerospace thermal, APU, and landing gear systems MRO and OEM solutions | 1969 | Gedera, Central District, Israel | USD 29.65 M | USD 178.02 M | 634 |
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Frequently Asked Questions about API Heat Transfer
API Heat Transfer was founded in 1947.
API Heat Transfer is headquartered in Buffalo, United States. It is registered at Buffalo, New York, United States.
The primary company behind API Heat Transfer, Api Heat Transfer India Private Limited, reported revenue of ₹35.65 Cr for FY 2018, up 66% year on year.
Founded in 1947 and based in Buffalo, United States, heat transfer solutions are produced for various industrial sectors. A range of exchangers, including air-cooled, plate, shell and tube, and thermal systems, is developed using multiple technologies. Engineering support is provided from design through testing, manufacturing, and maintenance. Aftermarket parts and services are supplied to sustain equipment functionality, with ongoing improvements achieved via validation processes.
API Heat Transfer has 4 investors. Key investors include Guggenheim Partners, Audax Group, Wellspring Capital Management, and Littlejohn.
API Heat Transfer operates through Api Heat Transfer India Private Limited.
Yes. API Heat Transfer was acquired by Guggenheim Partners in January 2019.
The legal entities of API Heat Transfer currently have 2 directors, including Kiran Sharad Joshi, Mridula Kiran Joshi.