Federal Equipment Company
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Federal Equipment Company - overview
Established
1982
Location
Cincinnati, OH, US
Primary Industry
Industrial Machinery
About
Based in Ohio, US, and founded in 1982, Federal Equipment Company specialized in engineering, manufacturing, and systems integration for the defense industry. Doug Ridenour is the president of the company. In January 2022, Fairbanks Morse, LLC acquired Federal Equipment Company. FEC has approximately 145 employees.
The company supplies specialized military replacement parts for conveyors, elevators, dumbwaiters, and helicopter hangars along with other various equipment to the U. S. Navy. The firm's commercial business delivers handling solutions to manufacturing customers outside the defense market.
The organization's partners include FEC Military, FEC Heliports, TKF, Orion Engineered Seals, and more.
Current Investors
Fairbanks Morse, LLC
Primary Industry
Industrial Machinery
Sub Industries
Engineering, Defence, Industrial Machinery
Website
www.federalequipment.com
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Federal Equipment Company - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| N/A | Completed | - | |||||||||
| Add-on | Completed | Federal Equipment Company | - |
Displaying 1 - 2 of 2

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.