CORMETECH Overview

  • Year Founded
  • 1989

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 400

Employees

  • Latest Deal Type
  • PE Growth
  • (Announced)

  • Financing Rounds
  • 3

  • Investments
  • 2

CORMETECH General Information

Description

Provider of commercial-scale carbon capture and emissions control equipment, technologies, and services intended to help the power, petrochemical, and industrial sectors. The company offers carbon capture project developers custom CO2 (carbon dioxide) adsorbers that pair proprietary sorbents with active-wall honeycomb substrate; this combination maximizes air contact and lowers pressure drop, which reduces energy and water demands to achieve cost savings. The company's selective catalytic reduction (SCR) system catalysts use circular sustainability practices, including product regeneration and recycling end-of-life product to derive raw material for manufacturing new product, enabling customers in the power-generation sector to meet decarbonization goals and pollution-control standards.

Contact Information

Formerly Known As
STEAG SCR-Tech, STEAG Energy Services
Ownership Status
Acquired/Merged
Financing Status
Formerly PE-Backed
Primary Industry
Environmental Services (B2B)
Other Industries
Other Energy Services
Corporate Office
  • 11707 Steele Creek Road
  • Charlotte, NC 28273
  • United States
+1 (704) 000-0000

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CORMETECH Valuation & Funding

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

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CORMETECH Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of commercial-scale carbon capture and emissions control equipment, technologies, and services intended to help
Environmental Services (B2B)
Charlotte, NC
400 As of 2023
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0000000000000 000000
Brussels, Belgium
00000 As of 0000
00.00
0000 0000-00-00
000000000 00.00

000000

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00000 0000000000 000
Corning, NY
00000 As of 0000
00.000
0000000000 00.000
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CORMETECH Competitors (3)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Umicore Formerly PE-Backed Brussels, Belgium 00000 00.00 000000000 00.00
Corning Corporation Corning, NY 00000 00.000 0000000000 00.000
Ibiden Corporation Ogaki, Japan 00000 00000000
You’re viewing 3 of 3 competitors. Get the full list »

CORMETECH Executive Team (13)

Name Title Board Seat Contact Info
Michael Mattes Chief Executive Officer, President & Board Member
John Mei Chief Financial Officer, Treasurer & Senior Vice President
Scott Daugherty Chief Operating Officer & Senior Vice President
Chris DiFrancesco Chief Technology Officer & Executive Vice President
Mark Vasco JD Senior Vice President, Secretary & General Counsel
You’re viewing 5 of 13 executive team members. Get the full list »

CORMETECH Board Members (8)

Name Representing Role Since
0000 00000 Self Co-Owner & Chairman 000 0000
0000000 000000 CORMETECH Chief Executive Officer, President & Board Member 000 0000
You’re viewing 2 of 8 board members. Get the full list »

CORMETECH Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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CORMETECH Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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CORMETECH Investments (2)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
CORMETECH (Acquired) 31-Oct-2017 0000000000 Industrial Chemicals
SCR-Tech 05-Jan-2016 Buyout/LBO Environmental Services (B2B)
To view CORMETECH’s complete investments history, request access »

CORMETECH FAQs

  • When was CORMETECH founded?

    CORMETECH was founded in 1989.

  • Who is the CEO of CORMETECH?

    Michael Mattes is the CEO of CORMETECH.

  • Where is CORMETECH headquartered?

    CORMETECH is headquartered in Charlotte, NC.

  • What is the size of CORMETECH?

    CORMETECH has 400 total employees.

  • What industry is CORMETECH in?

    CORMETECH’s primary industry is Environmental Services (B2B).

  • Is CORMETECH a private or public company?

    CORMETECH is a Private company.

  • What is CORMETECH’s current revenue?

    The current revenue for CORMETECH is 00000.

  • Who are CORMETECH’s investors?

    Energy Capital Partners, Falco Global Partners, and STEAG (Energy Production) have invested in CORMETECH.

  • Who are CORMETECH’s competitors?

    Umicore, Corning, and Ibiden are competitors of CORMETECH.

  • When was CORMETECH acquired?

    CORMETECH was acquired on 01-Dec-2023.

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