FASTORQ Overview

  • Year Founded
  • 1981

Year Founded

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 1

FASTORQ General Information

Description

Manufacturer of precision-crafted tools based in New Caney, Texas. The company's range of products includes pipe wrench, torque wrenches, nut splitter, flange spreaders, stud tensioners, lubricants and other related tools and products, enabling clients to access their products to fulfill their critical performance factors such as speed, accuracy and durability.

Contact Information

Website
www.fastorq.com
Formerly Known As
Bolting Systems International, Bolting Systems, Inc.
Ownership Status
Acquired/Merged
Financing Status
Corporate Backed or Acquired
Corporate Office
  • 18914 East Industrial Parkway
  • New Caney, TX 77357
  • United States
Primary Industry
Industrial Supplies and Parts
Acquirer
Snap-on
Corporate Office
  • 18914 East Industrial Parkway
  • New Caney, TX 77357
  • United States

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FASTORQ Valuation & Funding

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

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FASTORQ Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Manufacturer of precision-crafted tools based in New Caney, Texas. The company's range of products includes pipe wrench,
Industrial Supplies and Parts
New Caney, TX

Luling, LA
 

Cramlington, United Kingdom
 
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FASTORQ Competitors (4)

One of FASTORQ’s 4 competitors is Torq/lite, a Corporation company based in Luling, LA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Torq/lite Corporation Luling, LA
HTL Group Corporate Backed or Acquired Cramlington, United Kingdom
Hytorc Corporation Mahwah, NJ
Advance Bolting Solutions Pvt Ltd Corporation Oldsmar, FL
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FASTORQ Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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FASTORQ FAQs

  • When was FASTORQ founded?

    FASTORQ was founded in 1981.

  • Where is FASTORQ headquartered?

    FASTORQ is headquartered in New Caney, TX.

  • What industry is FASTORQ in?

    FASTORQ’s primary industry is Industrial Supplies and Parts.

  • Is FASTORQ a private or public company?

    FASTORQ is a Private company.

  • What is the current valuation of FASTORQ?

    The current valuation of FASTORQ is .

  • What is FASTORQ’s current revenue?

    The current revenue for FASTORQ is .

  • Who are FASTORQ’s investors?

    George A. Sturdevant has invested in FASTORQ.

  • Who are FASTORQ’s competitors?

    Torq/lite, HTL Group, Hytorc, and Advance Bolting Solutions Pvt Ltd are competitors of FASTORQ.

  • When was FASTORQ acquired?

    FASTORQ was acquired on 31-Jan-2018.

  • Who acquired FASTORQ?

    FASTORQ was acquired by Snap-on.

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