Investments
3Portfolio Exits
7Partners & Customers
10About ITT
ITT (NYSE: ITT) is a manufacturer of engineered critical components and customized technology solutions for the transportation, industrial, and oil and gas markets. Its offerings range from complex pumps to advanced brake pads to intricate connectors and it caters to the energy infrastructure, electronics, aerospace, and transportation sectors. The company was founded in 1920 and is based in White Plains, New York.
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Latest ITT News
May 24, 2023
05/12 05/24/2023 | 06:32am EDT Message : *Required fields May 24, 2023 – ITT Inc. (NYSE: ITT ) today announced its participation at the UBS Global Industrials and Transportation Conference 2023 in New York on Wednesday, June 7. Chief Financial Officer Emmanuel Caprais will present from 1-1:40 p.m. Eastern Time on June 7. A live webcast of the presentation can be accessed at http://investors.itt.com , where related materials will be posted prior to the presentation. A replay of the presentation will be available for 30 days. About ITT ITT is a diversified leading manufacturer of highly engineered critical components and customized technology solutions for the transportation, industrial, and energy 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 Stamford, Connecticut, with employees in more than 35 countries and sales in approximately 125 countries. For more information, visit www.itt.com . View source version on businesswire.com: https://www.businesswire.com/news/home/20230524005064/en/ © Business Wire 2023
ITT Investments
3 Investments
ITT has made 3 investments. Their latest investment was in CRP Technology as part of their Corporate Minority on June 6, 2022.
ITT Investments Activity
ITT Portfolio Exits
7 Portfolio Exits
ITT has 7 portfolio exits. Their latest portfolio exit was Exelis on February 06, 2015.
ITT Acquisitions
16 Acquisitions
ITT acquired 16 companies. Their latest acquisition was Micro-Mode on May 02, 2023.
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 |
|---|---|---|---|---|---|---|
5/2/2023 | Acquired | 7 | ||||
8/10/2022 | Acquired Unit | 3 | ||||
4/4/2022 | Acquired | 1 | ||||
7/8/2019 | ||||||
2/22/2019 |
Date | 5/2/2023 | 8/10/2022 | 4/4/2022 | 7/8/2019 | 2/22/2019 |
|---|---|---|---|---|---|
Investment Stage | |||||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Acquired | Acquired Unit | Acquired | ||
Sources | 7 | 3 | 1 |
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 | 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 | 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 | United Kingdom | ITT announces global supply agreement with Shell Global Solutions ITT Corporation announces global supply agreement with Shell . | 1 | |
2/21/2012 | Client | ||||
7/26/2011 | Partner |
Date | 5/30/2017 | 11/18/2014 | 2/21/2012 | 2/21/2012 | 7/26/2011 |
|---|---|---|---|---|---|
Type | Client | Licensee | Client | Client | Partner |
Business Partner | |||||
Country | China | United States | United Kingdom | ||
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 ITT Corporation announces global supply agreement with Shell . | ||
Sources | 1 | 1 | 1 |
ITT Team
17 Team Members
ITT has 17 team members, including former Chief Executive Officer, President, Marv Sambur.
Name | Work History | Title | Status |
|---|---|---|---|
Marv Sambur | Chief Executive Officer, President | Former | |
Name | Marv Sambur | ||||
|---|---|---|---|---|---|
Work History | |||||
Title | Chief Executive Officer, President | ||||
Status | Former |
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