CORMETECH Overview

  • Year Founded
  • 1989

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 400

Employees

  • Latest Deal Type
  • PE Growth

  • 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

Website
www.cormetech.com
Formerly Known As
STEAG SCR-Tech, STEAG Energy Services
Ownership Status
Acquired/Merged
Financing Status
Private Equity-Backed
Corporate Office
  • 11707 Steele Creek Road
  • Charlotte, NC 28273
  • United States
+1 (704)
Primary Industry
Environmental Services (B2B)
Other Industries
Other Energy Services
Vertical(s)
CleanTech, Climate Tech, Industrials
Corporate Office
  • 11707 Steele Creek Road
  • Charlotte, NC 28273
  • United States
+1 (704)

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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 2024

Brussels, Belgium
 

Corning, NY
 
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CORMETECH Competitors (3)

One of CORMETECH’s 3 competitors is Umicore, a Formerly PE-Backed company based in Brussels, Belgium.

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

CORMETECH Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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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)

CORMETECH’s most recent deal was a Buyout/LBO with CORMETECH (Acquired). The deal was made on 31-Oct-2017.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
CORMETECH (Acquired) 31-Oct-2017 Buyout/LBO 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.

  • 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 .

  • 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 30-Jun-2024.

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