Strategic Acquisition Pride Engineering was acquired by Arcline Investment Management in August 2019 for 1.5 billion dollars, indicating strong private equity backing and growth potential, making it a promising partner for large-scale manufacturing equipment projects.
Industry Focus The company's specialization in equipment for 2 piece can production positions it as a key supplier within the packaging and containers manufacturing sector, offering targeted sales opportunities to firms operating in or expanding within this niche.
Market Positioning With a revenue range of 250 to 500 million dollars and competitors with extensive global reach like DS Smith and Ball Corporation, Pride Engineering offers opportunities for partnership with mid-sized to large packaging companies looking for specialized equipment solutions.
Innovation & Technology Utilizing a modern tech stack including cloud-based services and website optimization tools, Pride Engineering demonstrates an emphasis on digital engagement which can facilitate efficient outreach and technical collaborations.
Growth Potential Having been originally acquired by May River Capital in 2014 and subsequently by Arcline in 2019, Pride Engineering exhibits a history of strategic investments that suggest continued expansion and modernization, ideal for exploring tailored equipment upgrades and new technology integrations.