Investment Date:
December 2019
Exit Date:
Realized
Fund:
Fund I
Sector:
Metal Processing, Metal Distribution
Headquarters:
Carol Stream, IL
Footprint:
5 Facilities across North America
Revenue:
~$260 million
End Markets:
Medical, Industrial
Banner Industries is a leading processor and distributor of metal bar products for a diverse set of industrial and medical end markets.
Banner provides supply chain solutions and a variety of value-added metal processing services, including centerless grinding, chamfering, turning, precision saw cutting, straightening, material ID and full traceability, waterjet cutting, ultrasonic testing, and CNC machining to its OEM, contract manufacturer, and precision machining customers. Product applications range across diesel fuel systems, electric motors, agriculture, and aerospace to orthopedic, spinal, and dental implants.