Raven Industries
Diversified technology company providing a variety of products to customers.
- Chemical
- agritech
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
$2.1b Valuation: $2.1b 6.0x EV/Revenue 56.8x EV/EBITDA | Acquisition | ||
| Total Funding | 000k | ||
| USD | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 36 % | 8 % | (6 %) | (9 %) | 25 % | 23 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 16 % | 20 % | 20 % | 15 % | 11 % | 12 % | 18 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 7 % | 11 % | 13 % | 9 % | 5 % | 6 % | 11 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Equity research estimates
Related Content
Raven Industries was founded in 1956 by James Smith, Paul (Ed) Yost, Duwayne Thon, and Joseph Kaliszewski. The company began its journey by building research balloons for the United States Navy. This innovative start laid the foundation for Raven's future endeavors in technology and engineering.
Over the decades, Raven Industries expanded its focus beyond balloons, venturing into various sectors including precision agriculture, high-performance specialty films, and aerospace and defense solutions. This diversification allowed the company to adapt to changing market demands and technological advancements.
A significant milestone in Raven Industries' history occurred in June 2021, when CNH Industrial announced its acquisition of the company for $2.1 billion. This acquisition was a strategic move to enhance CNH Industrial's capabilities in precision agriculture technology, a field where Raven had established itself as a leader.
Throughout its history, Raven Industries has been driven by a commitment to innovation and quality, consistently pushing the boundaries of what is possible in its chosen fields. The company's journey from a small balloon manufacturer to a key player in precision agriculture and technology exemplifies its ability to evolve and thrive in a competitive landscape.
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