About Techniks Industries
Techniks Industries is a company based in Indianapolis (United States) founded in 2013 was acquired by Audax Group in September 2015. Techniks Industries has completed 2 acquisitions, including EideSaw and Riverside Tool. Techniks Industries offers products and services including CNC Toolholders and ShrinkFIT Tools.
- Headquarter Indianapolis, United States
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Phone
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Website
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Social
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- Legal Name Techniks 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
Fidus Investment
& 2 more
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Employee Count
Not available
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Investments & Acquisitions
EideSaw
& 1 more
- Acquired by
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Products & Services of Techniks Industries
Techniks Industries offers a comprehensive portfolio of products and services, including CNC Toolholders and ShrinkFIT Tools.
CNC toolholders are provided as specialized solutions for improving connections between cutting tools and spindles in manufacturing processes.
ShrinkFIT tools and machines are supplied for demanding applications where high precision and performance are required in various industries.
Funding Insights of Techniks Industries
Investors in Techniks Industries
Techniks Industries has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Fidus Investment, Audax Group and Tenex Capital Management.
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PE firm investing in the US
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Private equity investments in acquisitions and carve-outs are pursued.
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Audax Group is focused on supporting middle market companies.
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Locked | Locked | Locked |
Investor details for Techniks Industries
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Investments & Acquisitions by Techniks Industries
Techniks Industries has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include EideSaw and Riverside Tool.
Investment portfolio details for Techniks Industries
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Manufacturer of diamond and carbide cutting tools
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Locked | Locked | 1990 | Locked | |
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Cold and band saws manufacturing and tooling services are provided.
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Locked | Locked | 1927 | Locked |
Complete acquisition details for Techniks Industries
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Financial Statements - Techniks Industries
Detailed financials for Techniks Industries
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Techniks Industries Comparisons
Peer comparison for Techniks Industries
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Competitors of Techniks Industries
Detailed competitors of Techniks Industries
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Latest news on Techniks Industries
Complete news archive for Techniks Industries
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Frequently Asked Questions about Techniks Industries
Techniks Industries was founded in 2013 and raised its 1st funding round 4 years after it was founded.
Techniks Industries is headquartered in Indianapolis, United States. It is registered at Indianapolis, Indiana, United States.
Techniks Industries was established in 2013 via the acquisition of Techniks by Tenex Capital Management and its merger into NAP GLADU. Industrial tools, cutting tools, and accessories are designed and produced for the metal, wood, and advanced materials industries. Custom cutting tools and related services are provided to clients. The company is headquartered in Indianapolis, United States, serving industrial applications.
Techniks Industries offers CNC Toolholders and ShrinkFIT Tools.
Techniks Industries has made 2 acquisitions, including EideSaw, and Riverside Tool.
Techniks Industries has 3 investors. Key investors include Fidus Investment, Audax Group, and Tenex Capital Management.