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Corporation
INDUSTRIAL | Manufacturing
itt.com

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Investments

2

Portfolio Exits

6

Partners & Customers

10

About ITT

ITT (NYSE: ITT) is a diversified \ manufacturer of highly engineered critical components and customized technology solutions for the transportation, industrial, and oil and gas markets. Building on its heritage of innovation, ITT partners with its customers to deliver enduring solutions to the key industries that underpin the modern way of life.

ITT Headquarter Location

1133 Westchester Ave #N-100

White Plains, New York, 10605,

United States

866-488-4889

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ITT Web Traffic

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Page Views per Million (PVPM)
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Latest ITT News

ITT’s Connector Business Introduces Veam MOVE-MOD™, Delivering True Modularity in Circular Interconnects

Nov 30, 2021

November 30, 2021 11:03 AM Eastern Standard Time IRVINE, Calif.--( BUSINESS WIRE )--November 30, 2021-- ITT Inc.’s (NYSE: ITT) connector business introduces its ruggedized, modular circular series Veam MOVE-MOD™. The flexible design delivers power, signal, and data in a single connector by utilizing a range of snap-in modules with various contact layouts to match individual system requirements. Developed for use in harsh environments, these ultra-durable connectors are suitable for a wide range of applications, including rail, heavy and off-road vehicles, alternative energy and infrastructure, robotics, and other industrial equipment. “Our customers have relied on Veam connectors to overcome their critical challenges for more than 60 years. MOVE-MOD is a next-generation solution designed to meet their evolving needs,” says Ellen McMillan, Vice President and General Manager Europe, ITT Connect and Control Technologies. “The modular nature of these innovative connectors give long-term flexibility to adapt, convert and expand connectivity post-design-in by simply swapping out modules.” One key advantage the circular MOVE-MOD series has over its rectangular equivalents is its suitability for size-restricted applications. In comparison to standard rectangular connectors with equivalent pin counts, MOVE-MOD has a condensed footprint. Toolless assembly and installation combined with ultra-secure bayonet coupling that features visual, tactile, and audible secondary locking confirmation ensure MOVE-MOD is a fast and easy solution to work with. The series is available in two ultra-harsh-environment, RoHS and REACH compliant plating options that deliver 500-hour salt spray resistance. The first option is the proprietary Blue Generation® plating is a high-performance Zinc Nickel formulation that is conductive and offers excellent RFI shielding. While the second option, Black Hard Anodized plating, is a popular non-conductive option, also for use in extreme environments. Additional key features of the MOVE-MOD series include: Minimized component requirements deliver time and cost efficiencies IP67 environmental sealing Wide operating temperature range (-55°C to -115°C) RoHS and REACH compliance About ITT ITT is a diversified leading manufacturer of highly engineered critical components and customized technology solutions for the transportation, industrial, and oil and gas markets. Building on its heritage of innovation, ITT partners with its customers to deliver enduring solutions to the key industries that underpin our modern way of life. ITT is headquartered in White Plains, N.Y., with employees in more than 35 countries and sales in approximately 125 countries. For more information, visit www.itt.com About ITT's Connect and Control Technologies Business ITT's Connect and Control Technologies business designs and manufactures harsh-environment connectors and critical energy absorption, motion, flow and environmental control components. Through leading brands such as Aerospace Controls, BIW Connector Systems, Cannon, Compact, Enidine and Veam, the business serves customers in the aerospace, automation, defense, energy, industrial, infrastructure and transportation markets. Contacts

ITT Investments

2 Investments

ITT has made 2 investments. Their latest investment was in MeshNetworks as part of their Series C on October 10, 2002.

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ITT Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

10/14/2002

Series C

MeshNetworks

$12M

No

11/24/2000

Series B

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$99M

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10

Date

10/14/2002

11/24/2000

Round

Series C

Series B

Company

MeshNetworks

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Amount

$12M

$99M

New?

No

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Co-Investors

Sources

10

ITT Portfolio Exits

6 Portfolio Exits

ITT has 6 portfolio exits. Their latest portfolio exit was Exelis on February 06, 2015.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

2/6/2015

Acq - P2P

$991

1

00/00/0000

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10

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10

00/00/0000

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10

00/00/0000

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$991

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10

Date

2/6/2015

00/00/0000

00/00/0000

00/00/0000

00/00/0000

Exit

Acq - P2P

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Companies

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Valuation

$991

$991

Acquirer

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Sources

1

10

10

10

10

ITT Acquisitions

15 Acquisitions

ITT acquired 15 companies. Their latest acquisition was Matrix Composites on July 08, 2019.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

7/8/2019

$991

Acquired

3

2/22/2019

Acquired

2

11/4/2016

$991

Acquired

1

8/31/2015

Acq - Fin

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$99M

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10

4/1/2015

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$99M

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10

Date

7/8/2019

2/22/2019

11/4/2016

8/31/2015

4/1/2015

Investment Stage

Acq - Fin

Companies

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Valuation

$991

$991

Total Funding

$99M

$99M

Note

Acquired

Acquired

Acquired

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Sources

3

2

1

10

10

ITT Partners & Customers

10 Partners and customers

ITT has 10 strategic partners and customers. ITT recently partnered with New Hope Group on May 5, 2017.

Date

Type

Business Partner

Country

News Snippet

Sources

5/30/2017

Client

New Hope Group

China

ITT to provide IIoT solutions to China-based New Hope Data Technology

This recurring annual revenue model in partnership with New Hope 's network of factories and businesses is expected to provide ITT Inc. with ongoing revenue and a profitable income stream , '' said Michael Frank , CEO , ITT Inc. .

1

11/18/2014

Licensee

Gabriel

United States

ITT KONI partners with Gabriel to deliver shock absorbers

WHITE PLAINS , N.Y. , Nov. 18 , 2014 -- ITT Corporation announced that its KONI brand has signed a technology license agreement with Gabriel that will allow the companies to better serve the suspension needs of the Indian commercial vehicle , bus and industrial equipment markets .

1

2/21/2012

Client

Royal Dutch Shell

Netherlands

ITT announces global supply agreement with Shell Global Solutions

SENECA FALLS , N.Y. , Feb. 21 , 2012 -- ITT Corporation announced today an Enterprise Framework Agreement with Shell in which ITT Corporation 's Goulds Pumps brand will provide American Petroleum Institute centrifugal pumps to support Shell operations worldwide .

1

7/19/2011

Client

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10

12/20/2010

Client

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10

Date

5/30/2017

11/18/2014

2/21/2012

7/19/2011

12/20/2010

Type

Client

Licensee

Client

Client

Client

Business Partner

New Hope Group

Gabriel

Royal Dutch Shell

Country

China

United States

Netherlands

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News Snippet

ITT to provide IIoT solutions to China-based New Hope Data Technology

This recurring annual revenue model in partnership with New Hope 's network of factories and businesses is expected to provide ITT Inc. with ongoing revenue and a profitable income stream , '' said Michael Frank , CEO , ITT Inc. .

ITT KONI partners with Gabriel to deliver shock absorbers

WHITE PLAINS , N.Y. , Nov. 18 , 2014 -- ITT Corporation announced that its KONI brand has signed a technology license agreement with Gabriel that will allow the companies to better serve the suspension needs of the Indian commercial vehicle , bus and industrial equipment markets .

ITT announces global supply agreement with Shell Global Solutions

SENECA FALLS , N.Y. , Feb. 21 , 2012 -- ITT Corporation announced today an Enterprise Framework Agreement with Shell in which ITT Corporation 's Goulds Pumps brand will provide American Petroleum Institute centrifugal pumps to support Shell operations worldwide .

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Sources

1

1

1

10

10

ITT Team

14 Team Members

ITT has 14 team members, including former Chief Executive Officer, President, Marv Sambur.

Name

Work History

Title

Status

Marv Sambur

Chief Executive Officer, President

Former

Aris Chicles

President

Former

Jim Dauw

President

Former

James Faughnan

President

Former

Steve Gaffney

President

Former

Name

Marv Sambur

Aris Chicles

Jim Dauw

James Faughnan

Steve Gaffney

Work History

Title

Chief Executive Officer, President

President

President

President

President

Status

Former

Former

Former

Former

Former

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