Hardinge

Berwyn, United States Founded: 1995 • Age: 31 yrs Acquired By Privet Fund Management
CNC metal cutting lathes, grinders, and related tools are manufactured.

About Hardinge

Hardinge is a company based in Berwyn (United States) founded in 1995 was acquired by Privet Fund Management in February 2018. Hardinge has raised $1.13 million across 1 funding round from investors including Privet Fund Management. The company has 34 employees. Hardinge has completed 4 acquisitions, including Forkardt, Forkardt Hardinge and Ohio Tool Works.

Key Metrics
  • Annual Revenue
    ₹26.88 Cr

    FY 2023 · +16% YoY

  • Net Profit
    ₹6.12 Cr

    FY 2023 · 23% margin

  • EBITDA
    ₹8.84 Cr

    FY 2023 · 33% margin

  • Total Equity Funding
    $1.13M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.13M (USD), Unspecified

    May 2018

  • Investors
  • Employee Count
    34
  • Investments & Acquisitions
    Forkardt

    & 3 more

  • Acquired by

Funding Insights of Hardinge

Hardinge has successfully raised a total of $1.13M through 1 strategic funding round. The most recent funding activity was a Unspecified round of $1.13 million completed in May 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 $1.13M
  • Total Rounds 1
  • Last Round Unspecified β€” $1.13M
  • First Round $1.13M

    (May 2018)

All 1 funding rounds of Hardinge with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2018$1.13MUnspecified––
–
Valuation history

1 investors in total: 1 institutional.

Investors in Hardinge

Hardinge has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Privet Fund Management.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Manages a multi-strategy hedge fund focused on diversified investments.
2007privetfund.comAtlanta, United States
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Investor details for Hardinge

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  • Round participation
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Board of directors of Forkardt Hardinge Workholding India Llp (Hardinge)

Forkardt Hardinge Workholding India Llp is the primary company behind Hardinge. The board of Forkardt Hardinge Workholding India Llp currently have 2 directors; the longest-serving is Narasimha Srivatsa Pillutla, appointed in 2021. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Narasimha Srivatsa Pillutla
DIN 09146235
Designated Partner30 Apr 20215 yrs 5 moForkardt Hardinge Workholding India Llp
Veerarajan Srinivasan
DIN 09841666
Designated Partner31 Dec 20223 yrs 9 moForkardt Hardinge Workholding India Llp

People of Hardinge

16 people are tracked at Hardinge (6 in leadership, 10 in team); the tracked headcount is 34.

NameRoleGroup
Matt Weeks
Chief Financial OfficerLeadership
Jeremy Michael
Chief Commercial Officer (cco)Leadership
Alex Casajuana
Vice President Of Financial Planning AnalysisLeadership
Eccho Wu
Human Resource Director, AsiaLeadership
Greg Knight
Chief Executive OfficerLeadership
Kevin Marvel
Chief Human Resource OfficerLeadership
Alan Nagi Elyousfi
Global Business Development ManagerTeam
Lokesh Setia
Area Sales ManagerTeam
Michael Gordon
Regional Sales ManagerTeam
Maarten Smolders
Corporate ControllerTeam
Adam White
Key Account Technical Sales ManagerTeam
Michele Slupe
Regional Sales Manager - NortheastTeam
Noel Borows
Aftermarket Sales Manager-milling & TurningTeam
Billy L
Category Manager, NATeam
Jeff Holtzapple
Regional Sales ManagerTeam
Sachin Gundawar
Deputy Manager CommercialTeam
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Complete people profiles for Hardinge

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  • Team structure
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Financials of Hardinge

Figures of Forkardt Hardinge Workholding India Llp, the primary company behind Hardinge, for FY 2023. Revenue was ₹26.88 Cr (+16% year on year). Net profit was ₹6.12 Cr (23% margin). EBITDA was ₹8.84 Cr (33% margin). Revenue has grown at a compounded annual rate of +18% over three years and +8% over five years.

  • ₹26.88 CrRevenue · FY 2023 · +16% YoY
  • ₹6.12 CrNet profit · 23% margin
  • ₹8.84 CrEBITDA · 33% margin
  • 31Employees (provident fund records)
  • +18%Revenue CAGR, 3 years
  • +8%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Forkardt Hardinge Workholding India Llp are on its company page.

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Detailed financial statements for Hardinge

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Investments & Acquisitions by Hardinge

Hardinge has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Forkardt, Forkardt Hardinge and Ohio Tool Works.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Provides honing machinery, tooling and abrasive stones
ohiotoolworks.comAshland, United States2004Sep 2021β€’β€’β€’β€’
Lathe and grinding machines are manufactured by Weisser Group.
weisser-web.com–1856Jul 2021β€’β€’β€’β€’
Work holding devices are designed and manufactured by Forkardt.
forkardt.comTraverse, United States1923May 2013$34M
-
forkardt.deGermany0May 2013$34M
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Complete acquisition details for Hardinge

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

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Timeline of Hardinge

7 dated milestones of Hardinge across 26 years, from founding to its latest funding, stage changes and deals.

  1. Founded Hardinge is founded.
  2. Acquisition Acquires Forkardt.
  3. Acquisition Acquires Forkardt Hardinge.
  4. Exit Acquired by Privet Fund Management.
  5. Funding First funding round of $1.1M.
  6. Acquisition Acquires Weisser Group.
  7. Acquisition Acquires Ohio Tool Works.

Web traffic of Hardinge

The website of Hardinge (hardinge.com) receives about 32.8K visits a month.

  • Monthly visits
    32.8K

    ▲ 13% vs previous month

Similar websites

Websites whose visitors overlap most with Hardinge. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
hardingeus.com
100%
––View details
kurtworkholding.com
82%
–#526,313View details
bpt.com
81%
––View details
datron.de
80%
11.3K#1,813,002View details
royalproducts.com
76%
35.8K#614,371View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 22 similar websites and full traffic analytics for Hardinge

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  • 22 similar websites
  • Audience overlap
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  • Traffic by brand

Verified entity values are shown only after access is granted.

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Frequently Asked Questions about Hardinge

Hardinge was founded in 1995 and raised its 1st funding round 23 years after it was founded.

Hardinge is headquartered in Berwyn, United States. It is registered at Berwyn, Illinois, United States.

Hardinge is a funded company, having raised a total of $1.13M across 1 funding round to date. The company's 1st funding round was a Unspecified of $1.13M, raised on May 2018.

Hardinge has 34 employees.

The primary company behind Hardinge, Forkardt Hardinge Workholding India Llp, reported revenue of β‚Ή26.88 Cr for FY 2023, up 16% year on year.

Hardinge was founded in 1995 and is headquartered in Berwyn, United States. Precision CNC metal cutting lathes, grinding machines, and associated tools and accessories are produced by the company. Operations focus on the metalworking sector, where equipment for machining and fabrication processes is supplied. Services include the development and distribution of components for industrial applications, supporting manufacturing needs across various geographies.

Hardinge has made 4 acquisitions, including Forkardt, Forkardt Hardinge, and Ohio Tool Works.

Hardinge has 1 investor. Key investors include Privet Fund Management.

Hardinge operates through Forkardt Hardinge Workholding India Llp.

Yes. Hardinge was acquired by Privet Fund Management in February 2018.

The legal entities of Hardinge currently have 2 directors, including Narasimha Srivatsa Pillutla, Veerarajan Srinivasan.

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