Last deal

Amount

Venture - Series Unknown

Stage

01.01.2016

Date

1

all rounds

date founded

Financing round

General

About Company
The Phillips Screw Company designs and engineers proprietary fastener technology.

Industry

Sector :

Subsector :

founded date

01.01.1935

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

Based in Amesbury, Massachusetts, the Phillips Screw Company is a designer, manufacturer, and distributor of patented fastener drive systems. With a focus on high-performance drive systems, they cater to various industries such as building products, aerospace, automotive, and industrial markets. Since their inception in the 1930s, they have been at the forefront of providing effective solutions to fastening problems, including the original PHILLIPS screw driver and recess. Their latest innovation, the MORTORQ® Spiral Drive System, has been widely adopted by the military and commercial aerospace industry for its ability to reduce cycle time, waste, and costs while increasing readiness. This drive system minimizes cam-out and damage to the surrounding airframe, making it ideal for cramped and hard-to-reach applications. Additionally, the Phillips Screw Company offers free in-service engineering and product support services through their In Service Support Team, ensuring maximum fastener performance for their customers.
Contacts

Contact Email

Phone number

Social url

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M&A Details
1

Acquired by

Massachusetts Capital Resource Company

announced date

17.11.2015

Financials

Funding Rounds
1
1

Number of Funding Rounds

Their latest funding was raised on 01.01.2016. Their latest investor Massachusetts Capital Resource Company. Their latest round Venture - Series Unknown

Date 
Funding Round 
Investors 
Money Raised 
Lead 
Massachusetts Capital Resource Company

Massachusetts Capital Resource Company

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Subsector

Diversified Financial Services

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count Of Investments

22

count Of Exists

8
Co-Investors
Investors
1
1

Number of lead investors

1

Number of investors

Investor 
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Round 
Partners 
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Subsector

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22

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People

Employee Profiles
2
Scott Filion

Scott Filion

President & Chief Executive Officer

John P. Thompson

Founder

Activity

Recent News
0