Propex Operating Company Overview
- Year Founded
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1910
- Status
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Acquired/Merged
- Employees
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300
- Latest Deal Type
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Buyout/LBO
- Financing Rounds
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8
- Investments
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2
Propex Operating Company General Information
Description
Manufacturer of fabrics and fibers catering to construction, transportation, mining and automotive industries. The company develops geosynthetic and erosion control products and systems, enabling clients to strengthen, stabilize and extend the life of levees, dams, roadways and key infrastructure.
Contact Information
Website
www.propexglobal.com(Operating Subsidiary)
Corporate Office
- 4019 Industry Drive
- Chattanooga, TN 37416-3812
- United States
Corporate Office
- 4019 Industry Drive
- Chattanooga, TN 37416-3812
- United States
Propex Operating Company Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Propex Operating Company Comparisons
Industry
Financing
Details
Propex Operating Company Competitors (7)
One of Propex Operating Company’s 7 competitors is Desso, a Corporation company based in Waalwijk, Netherlands.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Desso | Corporation | Waalwijk, Netherlands | ||||
| BekaertDeslee | Private Equity-Backed | Waregem, Belgium | ||||
| Elevate Textiles | Formerly PE-Backed | Charlotte, NC | ||||
| Precision Fabrics Group | Corporation | Greensboro, NC | ||||
| Albany International | Corporation | Portsmouth, NH |
Propex Operating Company Patents
Propex Operating Company Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-11840816-B2 | Brace assembly for a geosynthetic wrapped system used to construct stabilized earth walls and slopes | Active | 29-Apr-2022 | ||
| US-12270174-B2 | Brace assembly for a geosynthetic wrapped system used to construct stabilized earth walls and slopes | Active | 29-Apr-2022 | ||
| US-20230349123-A1 | Brace assembly for a geosynthetic wrapped system used to construct stabilized earth walls and slopes | Active | 29-Apr-2022 | ||
| US-20240003111-A1 | Brace assembly for a geosynthetic wrapped system used to construct stabilized earth walls and slopes | Active | 29-Apr-2022 | ||
| WO-2023211513-A1 | Brace assembly for a geosynthetic wrapped system used to construct stabilized earth walls and slopes | Inactive | 29-Apr-2022 | E02D17/202 |
Propex Operating Company Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Propex Operating Company Former Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Propex Operating Company Investments & Acquisitions (2)
Propex Operating Company’s most recent deal was a Merger/Acquisition with SI Corporation for . The deal was made on 31-Jan-2006.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| SI Corporation | 31-Jan-2006 | Merger/Acquisition | Industrial Chemicals | ||
| Fibermesh | 01-Jan-2006 | Buyout/LBO | Building Products |
Propex Operating Company Exits (1)
Propex Operating Company’s most recent exit was on 01-Jan-2006 from Fibermesh. The exit was categorized as with 4 buyers.
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Fibermesh | 01-Jan-2006 | Completed |
|
Propex Operating Company FAQs
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When was Propex Operating Company founded?
Propex Operating Company was founded in 1910.
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Where is Propex Operating Company headquartered?
Propex Operating Company is headquartered in Chattanooga, TN.
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What is the size of Propex Operating Company?
Propex Operating Company has 300 total employees.
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What industry is Propex Operating Company in?
Propex Operating Company’s primary industry is Synthetic Textiles.
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Is Propex Operating Company a private or public company?
Propex Operating Company is a Private company.
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What is Propex Operating Company’s current revenue?
The current revenue for Propex Operating Company is .
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How much funding has Propex Operating Company raised over time?
Propex Operating Company has raised $65M.
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Who are Propex Operating Company’s investors?
BNP Paribas, GLC Investment Advisors, Genstar Capital, Laminar Direct Capital, and The Sterling Group are 5 of 6 investors who have invested in Propex Operating Company.
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Who are Propex Operating Company’s competitors?
Desso, BekaertDeslee, Elevate Textiles, Precision Fabrics Group, and Albany International are some of the 7 competitors of Propex Operating Company.
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When was Propex Operating Company acquired?
Propex Operating Company was acquired on 03-Dec-2021.
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Who acquired Propex Operating Company?
Propex Operating Company was acquired by Solmax.
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