About Gem City
Gem City is an Industrial Goods & Manufacturing company based in Dayton (United States) founded in 1936, and was acquired by CW Industrial Partners in November 2017. Robotics and precision machining products are manufactured by GEM. Gem City has completed 1 acquisition, including Vistek Medical. Its chief executive, as recorded, is Allen Goad. Its focus areas include Business Services and Robotics Services.
Company details
GEM was founded in 1936 and is headquartered in Dayton, United States. Operations focus on the manufacturing sector, where robotics components and precision machining products are produced. Services include custom fabrication for industrial applications, with emphasis on quality control and engineering standards. The company serves clients across various industries from its primary location in the Midwest region. Leadership is provided by CEO Allen Goad.
- Headquarters Dayton, United States
- Stage Acquired
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website gemcity.com
- Social LinkedIn
- Acquired by CW Industrial Partners (Nov 2017)
- InvestorsPNC
& 2 more
- Investments & Acquisitions
- Acquired byCW Industrial Partners
(Nov 2017)
Funding Insights of Gem City
- Total Rounds 1
- Investors Count 2
All 1 funding rounds of Gem City with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2017 | Debt – Conventional | – | – |
3 investors in total: 3 institutional.
Investors in Gem City
Gem City has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include PNC, Oxer Capital and CW Industrial Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Flexible capital solutions are provided by Oxer Capital to middle-market companies. | 2016 | oxercapital.com | Columbus, United States | |
Commercial banking and financing services are provided by PNC. | 1845 | pnc.com | Pittsburgh, United States | |
A private equity firm focused on industrial business investments. | cwindustrials.com | Cleveland, United States |
Investor details for Gem City
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Gem City
1 people are tracked at Gem City (1 in leadership).
| Name | Role | Group |
|---|---|---|
Allen Goad | CEO | Leadership |
Complete people profiles for Gem City
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Gem City
Gem City has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Vistek Medical.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
A vertically integrated medical device contract manufacturer | vistekmedical.com | Doylestown, United States | 1985 | May 2010 | •••• |
Complete acquisition details for Gem City
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Gem City
4 dated milestones of Gem City across 81 years, from founding to its latest funding, stage changes and deals.
- Founded Gem City is founded.
- Acquisition Acquires Vistek Medical.
- Exit Acquired by CW Industrial Partners.
- Funding First funding round.
Top companies in Industrial Automation & Robotics
3 companies that operate in the same segment as Gem City (Industrial Automation & Robotics) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Autonomous humanoid robots are developed for commercial deployment. | 2022 | Sunnyvale, California, United States | USD 1.75 B | 939 | ||
Human performance is enhanced through awareness-based methods and tools. | 2024 | San Francisco, California, United States | USD 1.07 B | 361 | ||
Developer of LiDAR-based sensors | 2002 | San Francisco, California, United States | USD 129 M | USD 169.38 M | 192 |
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Frequently Asked Questions about Gem City
Gem City was founded in 1936 and raised its 1st funding round 81 years after it was founded.
Gem City is headquartered in Dayton, United States. It is registered at Dayton, Ohio, United States.
Allen Goad is the CEO of Gem City, as recorded in our data.
GEM was founded in 1936 and is headquartered in Dayton, United States. Operations focus on the manufacturing sector, where robotics components and precision machining products are produced. Services include custom fabrication for industrial applications, with emphasis on quality control and engineering standards. The company serves clients across various industries from its primary location in the Midwest region. Leadership is provided by CEO Allen Goad.
Gem City has made 1 acquisition, including Vistek Medical.
Gem City has 3 investors. Key investors include PNC, Oxer Capital, and CW Industrial Partners.
Yes. Gem City was acquired by CW Industrial Partners in November 2017.