Cast-Rite Corporation
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Cast-Rite Corporation - overview
Established
1941
Location
Gardena, CA, US
Primary Industry
Materials
About
Established in 1941 and based in California, US, Cast-Rite Corporation, aka CRC, designs and manufactures die-castings made of aluminum and zinc. In February 2024, ADC Aerospace, a portfolio company of GreyLion Partners, acquired Cast-Rite Corporation. The company’s core expertise is die casting, which allows it to produce pressure-tight castings without the need for impregnation. CRC offers a comprehensive range of manufacturing capabilities, including aluminum and zinc die casting, CNC machining, multi-spindle machining, and surface finishing.
The firm serves industries that span aerospace, industrial machinery, and defense. The company delivers solutions that meet the stringent requirements of each sector, whether it's precision components for aerospace applications, durable parts for industrial machinery, or critical components for defense equipment. In addition, the firm offers engineering capabilities, including CAD/CAM services and die casting product design, to assist customers throughout the product development process.
Current Investors
ADC Aerospace
Primary Industry
Materials
Sub Industries
Engineering, Defence, Industrial Machinery, Engineering Software, Steel & Metals
Website
www.cast-rite.com/
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Cast-Rite Corporation - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Cast-Rite Corporation | - |
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Cast-Rite Corporation - employee data
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