About Matthews International
Matthews International is a company based in Pittsburgh (United States) founded in 1850.. The company has 11,000 employees as of September 30, 2024. Matthews International has completed 10 acquisitions, including Everlasting Granite Memorial, Frost Converting Systems and Lightning Pick. Matthews International offers products and services including Calender and Rotary Processing Systems, Industrial Inkjet Technology, and Warehouse Automation Systems. Matthews International operates in a competitive market with competitors including S⁴Capital, Townsquare Media, Advantage Solutions, Prophet and Tinuiti, among others.
- Headquarter Pittsburgh, United States
- Employees 11000 as on 30 Sep, 2024
- Stage Public
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Sectors
Business Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Matthews International Corporation
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Annual Revenue
$1.8 B-4.53as on Sep 30, 2024
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Net Profit
$-59.66 M-251.84as on Sep 30, 2024
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EBITDA
$162.87 M-22.2as on Sep 30, 2024
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Latest Funding Round
$300 M (USD), Debt – Conventional
Dec 01, 2017
- Investors
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Employee Count
11000
as on Sep 30, 2024
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Investments & Acquisitions
Everlasting Granite Memorial
& 9 more
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IPO & Listings of Matthews International
Matthews International is a publicly listed company on the NASDAQ with ticker symbol MATW in USA, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Matthews International
Matthews International offers a comprehensive portfolio of products and services, including Calender and Rotary Processing Systems, Industrial Inkjet Technology, and Warehouse Automation Systems. 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.
Equipment for manufacturing hydrogen fuel cell components efficiently.
Innovations for branding and regulatory compliance in products.
Solutions for improving ecommerce fulfillment and efficiency.
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Software Development Team
46 people
Leadership Team
34 people
Human Resources and Administration
19 people
Senior Team
17 people
Product Management Team
15 people
Finance and Accounting
14 people
Operations Team
9 people
Sales and Marketing
8 people
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Funding Insights of Matthews International
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $300.0M
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2017 | Amount | Debt – Conventional - Matthews International | Valuation |
investors |
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| Dec, 2010 | Amount | Private Equity Round - Matthews International | Valuation | Quilvest |
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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 Matthews International
Matthews International has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Quilvest Private Equity. 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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PE firm backed by quilvest group
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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 Matthews International
Matthews International has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include Everlasting Granite Memorial, Frost Converting Systems and Lightning Pick. 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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Web feed printing and paper board presses are manufactured.
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2004 | ||||
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Strategic consulting services are provided by The York Group worldwide.
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1996 | ||||
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Light-directed picking solutions for warehouses and manufacturing are provided.
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1982 |
| 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 - Matthews International
| 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 |
Matthews International Comparisons
Competitors of Matthews International
Matthews International operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as S⁴Capital, Townsquare Media, Advantage Solutions, Prophet and Tinuiti, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Digital advertising and content marketing services are provided globally.
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| domain | founded_year | HQ Location |
Media Company focused on radio broadcasting, live events, marketing solutions
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| domain | founded_year | HQ Location |
Consumer packaged goods sales and digital marketing services are provided.
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| domain | founded_year | HQ Location |
Brand and marketing consulting solutions provider
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| domain | founded_year | HQ Location |
Digital marketing services including paid search and e-commerce are provided.
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| domain | founded_year | HQ Location |
Digital marketing, advertising, and IT services are provided globally.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Matthews International
Frequently Asked Questions about Matthews International
When was Matthews International founded?
Matthews International was founded in 1850 and raised its 1st funding round 160 years after it was founded.
Where is Matthews International located?
Matthews International is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.
Who is the current CEO of Matthews International?
Joseph Bartolacci is the current CEO of Matthews International.
How many employees does Matthews International have?
As of Sep 30, 2024, the latest employee count at Matthews International is 11,000.
What is the annual revenue of Matthews International?
Annual revenue of Matthews International is $1.8B as on Sep 30, 2024.
What does Matthews International do?
Matthews International was founded in 1850 and is headquartered in Pittsburgh, United States. Operations are conducted as a holding company across branding, industrial automation, and memorialization sectors. Services encompass product identification solutions, automation technologies, and memorial products for cemeteries and funeral homes. Focus is placed on industrial and consumer markets, with global reach supported through subsidiaries and manufacturing facilities.
Who are the top competitors of Matthews International?
Matthews International's top competitors include S⁴Capital, Townsquare Media and Tinuiti.
What products or services does Matthews International offer?
Matthews International offers Calender and Rotary Processing Systems, Industrial Inkjet Technology, and Warehouse Automation Systems.
Is Matthews International publicly traded?
Yes, Matthews International is publicly traded on NASDAQ under the ticker symbol MATW.
How many acquisitions has Matthews International made?
Matthews International has made 10 acquisitions, including Everlasting Granite Memorial, Frost Converting Systems, and Lightning Pick.
Who are Matthews International's investors?
Matthews International has 1 investor. Key investors include Quilvest Private Equity.
What is Matthews International's ticker symbol?
The ticker symbol of Matthews International is MATW on NASDAQ.