Investments
1Portfolio Exits
7Partners & Customers
10About Textron
Textron (NYSE: TXT) is a multi-industry company that leverages its global network of aircraft, defense, industrial, and finance businesses to provide customers with solutions and services. Textron is known for its brands such as Bell Helicopter, Cessna, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, Textron Off Road, Textron Systems, and TRU Simulation + Training.
Textron Headquarter Location
40 Westminster Street
Providence, Rhode Island, 02903,
United States
401-421-2800
Expert Collections containing Textron
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Find Textron in 1 Expert Collection, including Fortune 500 Investor list.
Fortune 500 Investor list
590 items
This is a collection of investors named in the 2019 Fortune 500 list of companies. All CB Insights profiles for active investment arms of a Fortune 500 company are included.
Textron Web Traffic
Textron Rank
Latest Textron News
May 25, 2022
Crossroads R.I. names Textron’s Duffy new board chair By JULIE DUFFY, executive vice president at Textron Inc., was recently appointed the new chairperson of Crossroads Rhode Island’s board of trustees. / COURTESY CROSSROADS RHODE ISLAND PROVIDENCE – Julie Duffy, executive vice president at Textron Inc., was appointed the new chairperson of homeless support nonprofit Crossroads Rhode Island’s board of trustees during the organization’s annual meeting April 26. Duffy will succeed U.S. District Chief Judge Jack McConnell, who led Crossroads’ board for more than a decade but will still serve on the board in another role, the organization said. Duffy, Crossroads said, first joined the organization’s board of trustees in 2015, and served on several committees and initiatives over the years. Duffy leads Textron’s worldwide human resources functions, and oversees the company’s communications, corporate real estate, community affairs and aviation departments, Crossroads said. In a statement, Duffy said the organization’s board and leadership team will “remain focused on creating better outcomes for every individual and every family we serve.” - Advertisement - James Bessette is the PBN special projects editor, and also covers the nonprofit and education sectors. You may reach him at Bessette@PBN.com . You may also follow him on Twitter at @James_Bessette . Want to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber. TAGS
Textron Investments
1 Investments
Textron has made 1 investments. Their latest investment was in Equidity as part of their Series B on September 9, 2000.
Textron Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
9/11/2000 | Series B | Equidity | $60M | Yes |
Date | 9/11/2000 |
---|---|
Round | Series B |
Company | Equidity |
Amount | $60M |
New? | Yes |
Co-Investors | |
Sources |
Textron Portfolio Exits
7 Portfolio Exits
Textron has 7 portfolio exits. Their latest portfolio exit was Textron - Dalmo Victor Division on January 29, 2019.
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 |
---|---|---|---|---|---|
1/29/2019 | Divestiture | 1 | |||
Date | 1/29/2019 | ||||
---|---|---|---|---|---|
Exit | Divestiture | ||||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 1 |
Textron Acquisitions
26 Acquisitions
Textron acquired 26 companies. Their latest acquisition was Pipistrel on March 17, 2022.
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 |
---|---|---|---|---|---|---|
3/17/2022 | Acquired | 18 | ||||
1/6/2020 | Acquired | 1 | ||||
11/2/2018 | Acquired | 1 | ||||
10/26/2018 | ||||||
3/6/2017 |
Date | 3/17/2022 | 1/6/2020 | 11/2/2018 | 10/26/2018 | 3/6/2017 |
---|---|---|---|---|---|
Investment Stage | |||||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Acquired | Acquired | Acquired | ||
Sources | 18 | 1 | 1 |
Textron Partners & Customers
10 Partners and customers
Textron has 10 strategic partners and customers. Textron recently partnered with Nautilus Aviation on March 3, 2022.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
3/11/2022 | Licensee | Australia | Textron Inc - Australia’s Nautilus Aviation Adds Five Bell 407GXi Helicopters `` We are honored that Nautilus Aviation has chosen the Bell , and we look forward to providing the support they need for entry into service . '' | 1 | |
11/1/2021 | Vendor | Textron Inc - Bell and Arrow Aviation Announce Agreement to Sell Emergency Medical Kits for Bell 505 Located in the same facility , HELIFAB and Arrow Aviation work in partnership to bring new Supplemental Type Certificate - approved products to market . | 1 | ||
7/29/2021 | Client | Portugal | Nordic Unmanned and Textron wins EUR 20 million contract with EMSA Nordic Unmanned and Textron wins EUR 20 million contract with EMSA | 1 | |
7/19/2021 | Client | ||||
5/4/2021 | Partner |
Date | 3/11/2022 | 11/1/2021 | 7/29/2021 | 7/19/2021 | 5/4/2021 |
---|---|---|---|---|---|
Type | Licensee | Vendor | Client | Client | Partner |
Business Partner | |||||
Country | Australia | Portugal | |||
News Snippet | Textron Inc - Australia’s Nautilus Aviation Adds Five Bell 407GXi Helicopters `` We are honored that Nautilus Aviation has chosen the Bell , and we look forward to providing the support they need for entry into service . '' | Textron Inc - Bell and Arrow Aviation Announce Agreement to Sell Emergency Medical Kits for Bell 505 Located in the same facility , HELIFAB and Arrow Aviation work in partnership to bring new Supplemental Type Certificate - approved products to market . | Nordic Unmanned and Textron wins EUR 20 million contract with EMSA Nordic Unmanned and Textron wins EUR 20 million contract with EMSA | ||
Sources | 1 | 1 | 1 |
Textron Team
11 Team Members
Textron has 11 team members, including former Chief Executive Officer, President, Kevin Holleran.
Name | Work History | Title | Status |
---|---|---|---|
Kevin Holleran | Chief Executive Officer, President | Former | |
Frank Tempesta | Chief Executive Officer, President | Former | |
Henri Gagnaire | President | Former | |
Troy DePuma | Chief Financial Officer | Former | |
Diane Schwarz | Chief Information Officer | Former |
Name | Kevin Holleran | Frank Tempesta | Henri Gagnaire | Troy DePuma | Diane Schwarz |
---|---|---|---|---|---|
Work History | |||||
Title | Chief Executive Officer, President | Chief Executive Officer, President | President | Chief Financial Officer | Chief Information Officer |
Status | Former | Former | Former | Former | Former |
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