What is Justrite?
Founded in 1906, Justrite has built a legacy as a leading provider of storage, handling, and workplace safety solutions. The company is globally recognized for its flagship Justrite Safety Can, essential for the secure storage and transfer of flammable liquids. Its comprehensive product portfolio extends to safety cabinets, outdoor safety storage, spill containment systems, and gas cylinder storage equipment, catering to a wide array of industrial safety needs and custom-engineered solutions.
How much funding has Justrite raised?
Justrite has raised a total of $14.8M across 1 funding round:
Private Equity
$14.8M
Private Equity (2014): $14.8M with participation from Triangle Capital
Key Investors in Justrite
Triangle Capital
Triangle Capital Corporation is a business development company specializing in private equity and mezzanine investments, focusing on lower middle market, mature, and later stage companies across various sectors including manufacturing and distribution. The firm primarily invests in companies located throughout the United States, making equity investments between $1 million and $25 million and debt investments between $5 million and $30 million.
What's next for Justrite?
The substantial enterprise-level funding and recent strategic investment signal a period of significant growth and potential expansion for Justrite. This capital infusion is likely to fuel further product development, enhance manufacturing capabilities, and broaden market reach, reinforcing its leadership in industrial safety and compliance solutions.
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