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New Progress

New Progress
1922 FOUNDED
M&A STATUS
91-100 EMPLOYEES
Buyout/LBO LATEST DEAL TYPE
2 FINANCING ROUNDS
Description

Manufacturer of vacuum and refined fuel tanks constructed of aluminum, steel, and stainless steel. The company provides local Progress 'in stock' product sales, service, and support of new tanks, new cab, and chassis, as well as new 'ready-to-deliver' tank trucks and lease-to-own financing. It offers tanks for refined fuel, heating oil, liquid waste, propane & aviation fuel.

Ownership Status
Acquired/Merged
Financing Status
Formerly PE-Backed
Primary Industry
Metal Containers and Packaging
Other Industries
Other Commercial Products
Primary Office
  • 402 East Progress Street
  • Arthur, IL 61911
  • United States

+1 (217) 000-0000

New Progress Valuation and Funding

Deal Type Date Amount Post-Val Valuation/
EBITDA
Debt Status

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New Progress Former Investors

Investor Name Investor Type Holding Participating Rounds Investor Since Board Seat Contact Info

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New Progress Executive Team (3)

Name Title Board
Seat
Contact
Info
Melvyn Paul President
Michael Ranck General Manager
Daniel Coley Vice President