Diligence memo · auto-generated · as of July 2, 2026
PPA Holdings, Inc.
PPA Holdings, Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
PPA Holdings, Inc. operates in Manufacturing, based in INDIANAPOLIS.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
PPA Holdings, Inc. has raised $45M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $45M on 2017-09-18.
Most recent recorded round closed around 2017-09-18.
Valuation (modeled)modeled
Provath models PPA Holdings, Inc. at approximately $504M (range $176M–$1.3B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.98× the median modeled value of Series C Manufacturing companies in 2016–2018 (12 peers) — value vs value, same stage and era. Within the normal band (98% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 8.8 yr ago; this sector typically re-raises about every 12 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 92% of Manufacturing peers (3257 compared).
Modeled value ranks above 95% of those peers.
Closest niche peers: Ford Motor Co, Basilisk Holdings, Inc., Accu-Mold Holdings LLC, Transcendia Topco Holdings, Inc., SixAxis, LLC.
Peoplefiled
6 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.