Pronamic Industries Asset Profile

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Year established

2013

Location

Washington NC US

Primary Industry

Materials

About

Based in North Carolina, US, and founded in 2013, Pronamic Industries, also known as Pronamic is a manufacturer and distributor of fiberglass media and materials for use in air filtration and related industries. In March 2015, Flanders Corporation, a portfolio company of Insight Equity, acquired the company. Pronamic Industries manufactures and supplies fiberglass media and synthetic materials, which are used to produce commercial and industrial HVAC (Heating Ventilation and Air Conditioning) filters, paint arrestor filters, composites, and retail filters. The firm's product portfolio includes GM Series spun fiberglass and GMPA Series paint spray arrestors, which come in a variety of color shades and thicknesses and can be customized to meet the client's requirements.

Current Investors

Flanders Corporation

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Primary Industry

Materials

Sub Industries

Glass

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Deals

Deals Type
Add-on

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)
Completed	Pronamic Industries	17 Mar 2015

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