About ProMach
ProMach is a company based in Covington (United States) founded in 1998 was acquired by Leonard Green and Partners in January 2018.. ProMach has completed 34 acquisitions, including Allpax, American Holt and Benchmark Automation. ProMach operates in a competitive market with competitors including SupplyOne, Syntegon, Winpak, DigiFlex and Tentoma, among others.
- Headquarter Covington, United States
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Pro Mach, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
NewStar Financial
& 4 more
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Employee Count
Employee Count
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Investments & Acquisitions
Allpax
& 33 more
- Acquired by
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Finance and Accounting
22 people
Leadership Team
19 people
Sales and Marketing
17 people
Human Resources and Administration
16 people
Software Development Team
13 people
Operations Team
4 people
Product Management Team
2 people
Treasury Team
1 people
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Funding Insights of ProMach
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(01 Jun 2011)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Unspecified - ProMach | Valuation |
investors |
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| Jun, 2011 | Amount | Debt – Conventional - ProMach | Valuation |
investors |
| 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 ProMach
ProMach has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include NewStar Financial, BDT & MSD Partners and Leonard Green and Partners. 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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Recapitalizations are targeted through private equity investments by the firm.
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Founded Year | Domain | Location | |
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Private equity and debt firm focused on mid-market companies
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Founded Year | Domain | Location | |
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A merchant bank is operated to serve business owners and investors.
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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 ProMach
ProMach has strategically engaged in corporate development activities, having acquired 34 companies. Notable acquisitions include Allpax, American Holt and Benchmark Automation. 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
|
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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Hardware and software products are resold by Code Tech.
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2010 | ||||
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Manufacturing solutions for PET containers and beverages are provided.
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2009 | ||||
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Liquid processing systems, blending, and batching equipment are manufactured.
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2008 |
| 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 - ProMach
| 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 |
Promach Comparisons
Competitors of ProMach
ProMach 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 SupplyOne, Syntegon, Winpak, DigiFlex and Tentoma, 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 |
Customized packaging solutions and equipment are provided for diverse industries.
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| domain | founded_year | HQ Location |
Packaging machines are designed and manufactured by Syntegon.
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| domain | founded_year | HQ Location |
Packaging products are manufactured and distributed by Winpak.
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| domain | founded_year | HQ Location |
Inkjet systems for flexographic and letterpress printing plates are offered.
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| domain | founded_year | HQ Location |
Automatic packaging machine manufacturer
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Promach
Frequently Asked Questions about ProMach
When was ProMach founded?
ProMach was founded in 1998 and raised its 1st funding round 13 years after it was founded.
Where is ProMach located?
ProMach is headquartered in Covington, United States. It is registered at Covington, Kentucky, United States.
What does ProMach do?
ProMach was founded in 1998 and is headquartered in Covington, United States. Packaging machinery is produced across categories such as primary packaging, secondary packaging, labeling, and coding. Operations focus on serving sectors like food, beverage, pharmaceutical, personal care, household, and industrial goods. The companys domain is promachbuilt.com, supporting equipment needs in these areas.
Who are the top competitors of ProMach?
How many acquisitions has ProMach made?
ProMach has made 34 acquisitions, including Allpax, American Holt, and Benchmark Automation.
Who are ProMach's investors?
ProMach has 5 investors. Key investors include NewStar Financial, BDT & MSD Partners, Leonard Green and Partners, AEA Investors, and TJC.