Add-on Acquisition • Manufacturing

Graham Acquires P3

On November 10, 2023, Graham acquired manufacturer P3

Acquisition Context
  • This is Graham’s 2nd transaction in the Manufacturing sector.
  • This is Graham’s 2nd transaction in the United States.
  • This is Graham’s 1st transaction in Florida.

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M&A Deal Summary

Date November 10, 2023
Target P3
Sector Manufacturing
Buyer(s) Graham
Deal Type Add-on Acquisition

Target Company

P3

Jupiter, Florida, United States
P3 Technologies is a a custom turbomachinery engineering, product development and manufacturing business for the space, new energy and medical markets. P3 Technologies is based in Jupiter, Florida.
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Buyer Overview 1

Buyer

Graham

Batavia, New York, United States

Category Company
Founded 1936
Sector Manufacturing
Employees595
Revenue 186M USD (2024)
DESCRIPTION

Graham designs and builds vacuum and heat transfer equipment for process industries and energy markets worldwide. Graham equipment is used by our customers to help produce synthetic fibers, chemicals, petroleum products, electric power, processed food, pharmaceutical products, paper, steel, fertilizers, and many other products that are used every day by people around the globe. Graham was founded in 1936 and is based in Batavia, New York.


Deal Context for Buyer #
Overall 2 of 2
Sector: Manufacturing 2 of 2
Type: Add-on Acquisition 2 of 2
State: Florida 1 of 1
Country: United States 2 of 2
Year: 2023 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-01 Barber-Nichols

Arvada, Colorado, United States

Barber-Nichols designs and manufactures specialty turbomachinery including highly specialized pumps, compressors and fans, and rocket engine turbopumps for critical applications, primarily in the defense and space industries. Barber-Nichols was founded in 1966 and is based in Arvada, Colorado.

Buy $70M