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Drives

1959 FOUNDED
M&A STATUS
301-400 EMPLOYEES
M&A LATEST DEAL TYPE
2 FINANCING ROUNDS
Description

Manufacturer of ANSI precision roller chain, pintle chain, agricultural conveyor chain, engineering class chain, oil field roller chain, and auger products. The company's products are used in agriculture, oil and mining, grain handling, escalators, timber, sawmills refinishing, construction trenchers, and power transmission. It has service center locations in Fulton, Illinois; Crossville, Tennessee; Denver, Colorado; Houston, Texas; Sparks, Nevada; and Newcastle, the United Kingdom. The company has sales offices in Birmingham, Alabama; Bridgewater, New Jersey; Charlotte, North Carolina; Davenport and Des Moines, Iowa; Denver, Colorado; Fort Worth and Houston, Texas; Grand Rapids and Minneapolis, Minnesota; Jackson, Mississippi; Kansas City, Kansas; Little Rock, Arkansas; Milwaukee, Wisconsin; Modesto, California; Moline, Illinois; Newcastle, the United kingdom; Ridgefield, Connecticut; Salem, Oregon; Salt Lake City, Utah; Toledo, Ohio; Toronto, Ontario; Tucson, Arizona; and Vancouver, Washington.

Ownership Status
Acquired/Merged
Financing Status
Formerly PE-Backed
Primary Industry
Machinery (B2B)
Primary Office
  • 901 19th Avenue
  • Fulton, IL 61252
  • United States

+1 (800) 000-0000

Drives Valuation and Funding

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

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Drives Former Investors

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

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Drives Executive Team (3)

Name Title Board
Seat
Contact
Info
David Vogel President & Chief Executive Officer
James Lamb Executive Vice President
Allan Besten Co-Founder