Elevate Textiles Overview
- Year Founded
-
1994
- Status
-
Acquired/Merged
- Employees
-
15,000
- Latest Deal Type
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Debt
- Financing Rounds
-
10
- Investments
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7
Elevate Textiles General Information
Description
Manufacturer of specialty textiles intended for the apparel, footwear, military, automotive, and aerospace sectors. The company operates multiple manufacturing facilities that create performance and specialty apparel fabrics, advanced uniform material, technical-commercial fabrics, and sustainably engineered automotive components.
Contact Information
Website
www.elevatetextiles.com(Operating Subsidiary)
Corporate Office
- 121 West Trade Street
- Suite 1700
- Charlotte, NC 28202
- United States
Corporate Office
- 121 West Trade Street
- Suite 1700
- Charlotte, NC 28202
- United States
Elevate Textiles Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Elevate Textiles Comparisons
Industry
Financing
Details
Elevate Textiles Competitors (5)
One of Elevate Textiles’s 5 competitors is Stanco Safety Products, a Corporation company based in Atlanta, TX.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Stanco Safety Products | Corporation | Atlanta, TX | ||||
| Gütermann | Formerly PE-Backed | Gutach im Breisgau, Germany | ||||
| American & Efird | Formerly PE-Backed | Mount Holly, NC | ||||
| Albany International | Corporation | Portsmouth, NH | ||||
| Precision Fabrics Group | Corporation | Greensboro, NC |
Elevate Textiles Patents
Elevate Textiles Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| EP-4737638-A1 | Protective fabric displaying water, oil and fuel repellency | Pending | 04-Nov-2024 | ||
| WO-2026097070-A1 | Protective fabric displaying water, oil and fuel repellency | Pending | 04-Nov-2024 | ||
| US-12577708-B2 | Outdoor fabric having wool-like properties | Active | 23-Nov-2021 | ||
| US-20230160109-A1 | Outdoor fabric having wool-like properties | Active | 23-Nov-2021 | ||
| US-11819076-B2 | Fabric material that is resistant to molten metals | Active | 19-Aug-2020 | A41D31/085 |
Elevate Textiles Signals
Elevate Textiles Former Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Elevate Textiles Investments & Acquisitions (7)
Elevate Textiles’s most recent deal was a Buyout/LBO with American & Efird. The deal was made on 01-May-2018.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| American & Efird | 01-May-2018 | Buyout/LBO | Other Textiles | ||
| Nano-Tex | 15-May-2008 | Later Stage VC | Industrial Chemicals | ||
| BST Safety Textiles | 02-Apr-2007 | Merger/Acquisition | Automotive | ||
| Global Safety Textiles | 30-Aug-2006 | Buyout/LBO | Synthetic Textiles | ||
| Cone Denim | 12-Mar-2004 | Merger/Acquisition | Synthetic Textiles |
Elevate Textiles Exits (4)
Elevate Textiles’s most recent exit was on 15-May-2008 from Nano-Tex. The exit was categorized as with 6 buyers.
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Nano-Tex | 15-May-2008 | Completed |
|
||
| Global Safety Textiles | 30-Aug-2006 | Completed |
|
||
| Cone Denim | 12-Mar-2004 | Completed |
|
||
| Hilos de Yecapixtla | 01-Jan-1997 | Joint Venture | Completed |
|
Elevate Textiles Affiliates
Subsidiaries (5)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Carlisle Finishing | Greensboro, NC | 2004 | |
| Itg Automotive Safety Components International | Greenville, SC | 2003 | |
| Burlington Industries | Greensboro, NC | 1923 | |
| Cone Denim | Greensboro, NC | 1891 | |
| American & Efird | Mount Holly, NC | 1891 |
Elevate Textiles FAQs
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When was Elevate Textiles founded?
Elevate Textiles was founded in 1994.
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Where is Elevate Textiles headquartered?
Elevate Textiles is headquartered in Charlotte, NC.
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What is the size of Elevate Textiles?
Elevate Textiles has 15,000 total employees.
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What industry is Elevate Textiles in?
Elevate Textiles’s primary industry is Synthetic Textiles.
-
Is Elevate Textiles a private or public company?
Elevate Textiles is a Private company.
-
What is Elevate Textiles’s current revenue?
The current revenue for Elevate Textiles is .
-
How much funding has Elevate Textiles raised over time?
Elevate Textiles has raised $1.64M.
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Who are Elevate Textiles’s investors?
Clearlake Capital Group, HRG Group, Platinum Equity, Valentec Systems, and WL Ross & Co. have invested in Elevate Textiles.
-
Who are Elevate Textiles’s competitors?
Stanco Safety Products, Gütermann, American & Efird, Albany International, and Precision Fabrics Group are competitors of Elevate Textiles.
-
When was Elevate Textiles acquired?
Elevate Textiles was acquired on 07-Nov-2024.
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