Port-A-Cool, LLC

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Port-A-Cool, LLC - overview

Established

1990

Location

Center, TX, US

Primary Industry

Heating, Cooling & Ventilation Equipment and Services

About

Port-A-Cool, LLC specializes in designing and manufacturing portable evaporative coolers that provide significant temperature reductions in diverse environments. Their innovative products cater to both residential and industrial needs, ensuring comfort during extreme heat. Founded in 1990 in Center, US, Port-A-Cool, LLC manufactures portable evaporative coolers. In May 2012, the company was acquired by Walter Meier AG, indicating a strategic pivot in its ownership structure.


The company has successfully completed 2 deals since its inception. Portacool specializes in portable evaporative coolers, primarily through its flagship APEX Series. The APEX Series combines advanced evaporative cooling technology with user-friendly designs, allowing for significant temperature reductions of up to 30°F in various environments, including both humid and arid climates. These coolers are engineered to deliver powerful airflow, with models capable of cooling spaces ranging from small garages to expansive industrial areas.


Portacool's customer base includes a wide array of end users such as industrial facilities, agricultural operations, athletic programs, and residential properties, ensuring that both people and animals can find relief from extreme heat. The company's products are marketed and sold in diverse geographical regions including North America, Europe, and parts of the Middle East, catering to sectors that require efficient cooling solutions. Portacool generates revenue through direct sales of its evaporative coolers, along with parts and accessories, to both individual consumers and businesses, including retailers and distributors. The transaction structure is predominantly B2B and direct-to-consumer, enabling clients to purchase products either online or through authorized retailers.


The APEX Series serves as the cornerstone of Portacool's offerings and is likely to be accompanied by a range of other models and accessories that enhance customer experience. Pricing tiers for specific models vary, providing options to accommodate different budgets and cooling needs, which serves as a critical factor in the purchasing decisions of clients in various industries. The company emphasizes a commitment to customer support and service, further solidifying its revenue streams through after-sales care and product maintenance offerings. Port-A-Cool plans to leverage recent developments to enhance its product offerings and expand into new markets.


The company is currently designing new models expected to launch in the upcoming years, focusing on innovative features tailored to varying climatic conditions. Additionally, efforts are underway to penetrate markets in South America and Asia by 2025. The strategic acquisition by Walter Meier AG in May 2012 is anticipated to provide necessary resources to support these growth initiatives.


Primary Industry

Heating, Cooling & Ventilation Equipment and Services

Sub Industries

Heating, Cooling & Ventilation Equipment and Services

Website

www.portacool.com

Verticals

Manufacturing

Company Stage

Acquired

Total Amount Raised

Subscriber access only

Port-A-Cool, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedPort-A-Cool, LLC-
BuyoutCompletedPort-A-Cool, LLC-

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