About PaR Systems
PaR Systems is an Aerospace, Defense & Maritime company based in United States founded in 1961, and was acquired by Pohlad Companies in November 2017. Manufacturer of marine products. PaR Systems has raised $10 million across 1 funding round from investors including Pohlad Companies and MML. PaR Systems has completed 2 acquisitions, including CAMotion and Oak River Technology. Its website par.com draws about 18 thousand monthly visits. PaR Systems offers products and services including Custom Manufacturing Systems and Friction Stir Welding. Its focus areas include Aerospace, Maritime and Defense and Ship Component Manufacturers. Its legal entity is PAR Systems, LLC.
Company details
PaR Systems manufacturer of marine products, focusing on aerospace, maritime and defense, and ship component manufacturers. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
- Total Equity Funding$10M (USD)
in 1 rounds
- Latest Funding Round$10M (USD), Series A
Jun 2012
- InvestorsPohlad Companies
& 1 more
- Investments & AcquisitionsCAMotion
& 1 more
- Acquired by
Products & Services of PaR Systems
PaR Systems offers a comprehensive portfolio of products and services, including Custom Manufacturing Systems and Friction Stir Welding.
Custom manufacturing systems are designed for precision, quality, and efficiency in various industries
Friction stir welding machines are provided for advanced applications in sectors like aerospace
Apps and channels of PaR Systems
its YouTube channel PAR Systems has 471 subscribers and 28 videos.
Videos from PaR Systems
The most watched videos on PaR Systems's YouTube channel, PAR Systems (471 subscribers). Click a video to play it here.
More on PAR Systems.
Funding Insights of PaR Systems
PaR Systems has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Series A round of $10 million completed in June 2012. 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 $10M
- Total Rounds 1
- Last Round Series A — $10M
- First Round $10M
(Jun 2012)
All 1 funding rounds of PaR Systems 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 |
|---|---|---|---|---|---|
| Jun 2012 | $10M | Series A | – | – | – |
2 investors in total: 2 institutional.
Investors in PaR Systems
PaR Systems has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Pohlad Companies and MML.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A family-owned conglomerate, Pohlad Companies is focused on diversified business operations. | pohladcompanies.com | Minneapolis, United States | ||
| mmlcapital.com |
Investor details for PaR Systems
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 PaR Systems
68 people are tracked at PaR Systems (21 in leadership, 47 in team).
| Name | Role | Group |
|---|---|---|
Pete Briguet | VP, Sales, Enterprise Accounts | Leadership |
Karla Leis | President & CEO | Leadership |
Pete Dankwerth | CFO | Leadership |
Karen Knoblock | Marketing Director | Leadership |
Jim Cunov | Chief Engineer, Aerospace | Leadership |
Jennifer Holm | Director | Head Of Commercial Operations | Leadership |
Sam Boraas | Chief Engineer - Critical Handling Solutions | Leadership |
Dina Khaled | Vice President, General Counsel | Leadership |
Stephanie M. | Head Of Talent Development & Organizational Effectiveness | Leadership |
Tracy Sherk | Senior Director Of Marketing | Leadership |
Mark S. | Director Of Information Systems | Leadership |
Scott Neumann | Business Development Director, Life Sciences | Leadership |
Rick Edger | Sr. Vice President | Leadership |
Chris Bergren | Director Of Enterprise Business Solutions | Leadership |
Dr Ralph Rizk | Managing Director, Jered LLC International Operations And Marine Systems Technology Ltd | Leadership |
David Bustamante | VP, Engineering | Leadership |
Albert Reville | Director Of Engineering | Leadership |
Cameron Lawson | Engineering Director | Leadership |
Tim Carroll | Director Of Mechanical Engineering | Leadership |
Jonathan Baller | Director Of Engineering, Software And Controls | Leadership |
48 more people are available in the full profile.
Complete people profiles for PaR Systems
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
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Investments & Acquisitions by PaR Systems
PaR Systems has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include CAMotion and Oak River Technology.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Manufacturer of robots (cranes) with motion control and automation equipment | camotion.com | Atlanta, United States | 1996 | Dec 2013 | •••• | |
Medical devices are designed, developed, and manufactured by the company. | oakriver.biz | Oakdale, United States | 1999 | Jun 2012 | •••• |
Complete acquisition details for PaR Systems
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 PaR Systems
7 dated milestones of PaR Systems across 56 years, from founding to its latest funding, stage changes and deals.
- Founded PaR Systems is founded.
- Exit Acquired by MML.
- Acquisition Acquires Oak River Technology.
- Acquisition Acquires OakRiver Technology.
- Funding First funding round of $10.0M.
- Acquisition Acquires CAMotion.
- Exit Acquired by Pohlad Companies.
Web traffic of PaR Systems
The website of PaR Systems (par.com) receives about 17.9K visits a month.
- Monthly visits17.9K
▼ 14.3% vs previous month
Websites whose visitors overlap most with PaR Systems. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| kmtwaterjet.com | 100% | #1,153,261 | View details | ||
| mtiwelding.com | 96% | 5.1K | #3,303,199 | View details | |
| techniwaterjet.com | 91% | 22.4K | #1,279,118 | View details | |
jetedge.com | jetedge.com | 90% | – | ||
wjta.org | wjta.org | 89% | #3,633,998 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 14 similar websites and full traffic analytics for PaR Systems
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 14 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Ship Design & Manufacturing
3 companies that operate in the same segment as PaR Systems (Ship Design & Manufacturing) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Engines, marine propulsion systems, and parts are manufactured and distributed. | 1939 | Fond Du Lac, Wisconsin, United States | USD 1.91 M | |||
Ship design and engineering services are provided to maritime clients. | 2007 | Virginia Beach, Virginia, United States | USD 10 M | 622 | ||
Boats and marine parts are manufactured and designed. | 1845 | Vernon Hills, Illinois, United States | USD 5.36 B |
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Frequently Asked Questions about PaR Systems
PaR Systems was founded in 1961 and raised its 1st funding round 51 years after it was founded.
PaR Systems is headquartered in United States.
PaR Systems is a funded company, having raised a total of $10M across 1 funding round to date. The company's 1st funding round was a Series A of $10M, raised on Jun 2012.
PaR Systems manufacturer of marine products, focusing on aerospace, maritime and defense, and ship component manufacturers. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
PaR Systems offers Custom Manufacturing Systems and Friction Stir Welding.
PaR Systems has made 2 acquisitions, including CAMotion, and Oak River Technology.
PaR Systems has 2 investors. Key investors include Pohlad Companies, and MML.
PaR Systems operates through Par Systems, Llc.
Yes. PaR Systems was acquired by Pohlad Companies in November 2017.