About Universal Turbine Parts
Universal Turbine Parts is a company based in Prattville (United States) founded in 1993 by Bill Mershon was acquired by ICV Partners in July 2016.. Universal Turbine Parts offers products and services including PT6 Parts, PT6 Engines, and Engine Components.
- Headquarter Prattville, United States
- Founders Bill Mershon
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
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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
Neuberger Berman
& 3 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Universal Turbine Parts
Universal Turbine Parts offers a comprehensive portfolio of products and services, including PT6 Parts, PT6 Engines, and Engine Components. 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.
Supply of new and serviceable parts for PT6 engines
Overhauled and repaired engines for aviation use
Various components for PT6 models and exchanges
Funding Insights of Universal Turbine Parts
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Universal Turbine Parts
Universal Turbine Parts has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Neuberger Berman, Farol Asset Management and Goldner Hawn. 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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A private equity firm focused on institutional investment solutions.
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Founded Year | Domain | Location | |
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Goldner Hawn is engaged in private equity investments.
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Founded Year | Domain | Location | |
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ICV Partners is focused on lower middle-market investments.
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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 Universal Turbine Parts
| 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 |
Financial Statements - Universal Turbine Parts
| 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 |
Universal Turbine Parts Comparisons
Competitors of Universal Turbine Parts
| 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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Frequently Asked Questions about Universal Turbine Parts
When was Universal Turbine Parts founded?
Universal Turbine Parts was founded in 1993.
Where is Universal Turbine Parts located?
Universal Turbine Parts is headquartered in Prattville, United States. It is registered at Prattville, Alabama, United States.
Who is the current CEO of Universal Turbine Parts?
Joel Plake is the current CEO of Universal Turbine Parts.
What does Universal Turbine Parts do?
Universal Turbine Parts was founded in 1993 and is based in Prattville, Alabama, United States. Turbine engines of PT6, PW100, and PW500 types, along with drives and generator components, are produced for wind turbine systems. A large production and inventory facility has been established in Prattville. Services such as part replacements, repairs, and ongoing maintenance for turbine systems are also provided.
What products or services does Universal Turbine Parts offer?
Universal Turbine Parts offers PT6 Parts, PT6 Engines, and Engine Components.
Who are Universal Turbine Parts's investors?
Universal Turbine Parts has 4 investors. Key investors include Neuberger Berman, Farol Asset Management, Goldner Hawn, and ICV Partners.