• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    Battery Ventures Invests in Training and Certification Company Mobius Institute

    3/26/24 7:00:00 AM ET
    $TKR
    Metal Fabrications
    Industrials
    Get the next $TKR alert in real time by email

    Battery's investment creates a foundation for a new global platform offering asset-reliability solutions and industrial services

    Battery Ventures, a global, technology-focused investment firm, today announced a significant investment in Mobius Institute ("Mobius"), a company that specializes in reliability improvement, conditioning-monitoring, and precision-maintenance training and certification.

    Mobius delivers its training via public, in-plant, and online training programs and has trained more than 70,000 professionals from 180 countries since 2005. In addition to training, a related entity to the company, Mobius Institute Board of Certification, is an ISO/IEC 17024 and ISO 18436-accredited certification body that provides globally recognized certification to reliability professionals, vibration analysts, ultrasound analysts, thermal imaging, and lubrication specialists worldwide.

    Mobius Institute is seen as an authority in the industrial asset-reliability space, which is growing in importance as companies transition to predictive and data-based maintenance regimes to operate more efficiently and meet new sustainability targets. Via its network of training partners, Mobius has trained maintenance and reliability professionals across a wide range of industries with students from Pfizer, Rio Tinto, Abbott, Abbvie, Ford, Coca-Cola, Samsung, ABB, Cargill, Nestle, Siemens, Dow, Amazon, Bayer, Mercedes-Benz, NASA, and Hyundai, among others.

    Jason Tranter, the co-founder of Mobius, said he hoped the partnership with Battery will help his company scale to a new level. "My wife, Georgie, and I started the business in our house in 1999 with the goal of making vibration analysis and condition monitoring understandable. We never imagined Mobius Institute growing to this scale with almost 10,000 students trained last year alone," he said. "Having developed a relationship with Battery over the past several years, I am excited to see Mobius continue to grow under Battery's ownership as the starting point of a new platform."

    As part of the transaction, Tranter will serve as a technical advisor to Mobius.

    Battery's goal with the transaction is to create a large, innovative, asset-reliability and industrial-services player; the firm expects to build upon Mobius' strength in asset reliability while expanding the portfolio into the broader market for industrial training, certification, and specialized products & services.

    As part of this initiative, Marcus Pillion joins the company as Group CEO to drive M&A and continued organic growth, as well as to oversee integration efforts. Pillion joins Mobius after serving most recently as the CEO of Des-Case before its acquisition by Timken (NYSE:TKR) in 2023. Prior to Des-Case, Pillion had previous executive experience across several asset-reliability and condition-monitoring businesses including TRITEC Performance Solutions, Colfax Fluid Handling, EagleBurgmann, SKF and John Crane.

    "I am excited to join forces with Battery, a seasoned industrial-technology investor with extensive experience creating platforms through global M&A," said Pillion. "Having used Mobius Institute training across all of the companies I previously worked for, I am excited to build upon the global brand Mobius has created as we enter into the next phase of its growth trajectory."

    "We are thrilled to partner with Mobius and its exceptional staff as we pursue the next phase of growth for the business," said Zack Smotherman, a Battery general partner. "Having followed the asset-reliability and condition-monitoring market for many years, we've observed an accelerating trend in predictive maintenance and believe we are still in the early innings of this movement as many industries increasingly adopt these solutions."

    Added Battery Principal Justin Rosner: "We are grateful to Jason for the opportunity to partner with Mobius and excited about the journey ahead as we look to leverage Mobius's global reputation to improve asset reliability across many industries in the years to come."

    About Mobius Institute

    Mobius Institute is a worldwide provider of reliability improvement, condition monitoring, and precision maintenance education to industrial plant managers, reliability engineers, and condition monitoring specialists, allowing plants to be successful in implementing reliability improvement and condition monitoring programs. Mobius delivers its training via public, in-person / onsite, and online education programs with a key advantage being its unique training style that uses innovative 3D animations and software simulations, making complex topics easier to understand. Mobius has trained and certified more than 70,000 industrial professionals from 180 countries since 2005 with thousands more engaged through distance learning programs and Mobius' online community MOBIUS CONNECT. Learn more at https://www.mobiusinstitute.com/about-mobius-institute/.

    About Battery

    Battery partners with exceptional founders and management teams developing category-defining businesses in markets including software and services, enterprise infrastructure, consumer tech, healthcare IT and industrial technology and life-science tools. Founded in 1983, the firm backs companies at all stages, ranging from seed and early to growth and buyout, and invests globally from offices in Boston, San Francisco, Menlo Park, New York, London, and Tel Aviv. Follow the firm on X @BatteryVentures, visit our website at www.battery.com and find a full list of Battery's portfolio companies here.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20240326724392/en/

    Get the next $TKR alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $TKR

    DatePrice TargetRatingAnalyst
    4/21/2025$97.00 → $66.00Buy → Neutral
    DA Davidson
    4/2/2025$70.00Buy → Hold
    Jefferies
    2/4/2025Underperform → Neutral
    BofA Securities
    12/17/2024$82.00 → $93.00Equal-Weight → Overweight
    Morgan Stanley
    12/9/2024$85.00 → $90.00Neutral → Buy
    Citigroup
    12/6/2024$80.00 → $95.00Hold → Buy
    Jefferies
    11/22/2024Overweight → Sector Weight
    KeyBanc Capital Markets
    11/13/2024$87.00 → $91.00In-line → Outperform
    Evercore ISI
    More analyst ratings

    $TKR
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Timken downgraded by DA Davidson with a new price target

      DA Davidson downgraded Timken from Buy to Neutral and set a new price target of $66.00 from $97.00 previously

      4/21/25 8:42:13 AM ET
      $TKR
      Metal Fabrications
      Industrials
    • Timken downgraded by Jefferies with a new price target

      Jefferies downgraded Timken from Buy to Hold and set a new price target of $70.00

      4/2/25 8:48:19 AM ET
      $TKR
      Metal Fabrications
      Industrials
    • Timken upgraded by BofA Securities

      BofA Securities upgraded Timken from Underperform to Neutral

      2/4/25 9:20:06 AM ET
      $TKR
      Metal Fabrications
      Industrials

    $TKR
    Leadership Updates

    Live Leadership Updates

    See more
    • The Timken Company Announces CEO Transition

      Tarak B. Mehta departing as CEO and director, effective immediatelyRichard G. Kyle appointed interim president and CEOComprehensive CEO search process underway NORTH CANTON, Ohio, March 31, 2025 /PRNewswire/ -- The Timken Company (NYSE:TKR, www.timken.com)) Board of Directors today announced that, effective immediately, Tarak B. Mehta is departing as CEO and director based on mutual agreement due to personal reasons. Richard G. Kyle will return as interim president and CEO. Kyle is a member of the Timken Board of Directors and served as the company's CEO from 2014 to 2024. "Th

      3/31/25 4:15:00 PM ET
      $TKR
      Metal Fabrications
      Industrials
    • Timken Adds Kim Ryan, Hillenbrand President and CEO, to Board of Directors

      NORTH CANTON, Ohio, Jan. 21, 2025 /PRNewswire/ -- The Timken Company (NYSE:TKR, www.timken.com)), a global technology leader in engineered bearings and industrial motion, today announced the appointment of Kimberly K. (Kim) Ryan to its Board of Directors. Her election increases The Timken Company Board to 13 members. Ryan has served as director, president and CEO of Hillenbrand, Inc. (NYSE:HI, www.hillenbrand.com)), a global industrial company that provides solutions for durable plastics, food and recycling and a variety of other applications, since 2021. From 2015 to 2021, sh

      1/21/25 6:51:00 AM ET
      $HI
      $TKR
      Miscellaneous manufacturing industries
      Consumer Discretionary
      Metal Fabrications
      Industrials
    • RPM Announces Appointment of Three New Board Members

      RPM International Inc. (NYSE:RPM) today announced the appointment of three individuals, Craig S. Morford, Christopher L. Mapes and Julie A. Beck, to its board of directors. These appointments reflect RPM's ongoing commitment to expanding the expertise, diversity and leadership capabilities of its board as the company continues to drive long-term growth and shareholder value. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250113146614/en/Christopher L. Mapes (Photo: Business Wire) The appointments of Mr. Morford and Mr. Mapes are effective immediately, and Ms. Beck's term is set to commence on April 7, 2025. With these additions,

      1/13/25 4:45:00 PM ET
      $AOS
      $CAH
      $LECO
      $NDSN
      Consumer Electronics/Appliances
      Consumer Discretionary
      Other Pharmaceuticals
      Health Care

    $TKR
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • SEC Form 4 filed by Director Leombruno Todd M.

      4 - TIMKEN CO (0000098362) (Issuer)

      5/6/25 4:54:17 PM ET
      $TKR
      Metal Fabrications
      Industrials
    • Director Timken Ward J Jr was granted 1,660 units of Common Stock, increasing direct ownership by 0.51% to 325,866 units (SEC Form 4)

      4 - TIMKEN CO (0000098362) (Issuer)

      5/6/25 4:54:08 PM ET
      $TKR
      Metal Fabrications
      Industrials
    • Director Crowe Maria A was granted 1,660 units of Common Stock, increasing direct ownership by 6% to 27,666 units (SEC Form 4)

      4 - TIMKEN CO (0000098362) (Issuer)

      5/6/25 4:53:43 PM ET
      $TKR
      Metal Fabrications
      Industrials

    $TKR
    SEC Filings

    See more
    • Timken Company filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders

      8-K - TIMKEN CO (0000098362) (Filer)

      5/5/25 4:15:39 PM ET
      $TKR
      Metal Fabrications
      Industrials
    • SEC Form 10-Q filed by Timken Company

      10-Q - TIMKEN CO (0000098362) (Filer)

      4/30/25 3:33:06 PM ET
      $TKR
      Metal Fabrications
      Industrials
    • Timken Company filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - TIMKEN CO (0000098362) (Filer)

      4/30/25 6:53:31 AM ET
      $TKR
      Metal Fabrications
      Industrials

    $TKR
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G filed by Timken Company

      SC 13G - TIMKEN CO (0000098362) (Subject)

      11/12/24 10:34:15 AM ET
      $TKR
      Metal Fabrications
      Industrials
    • SEC Form SC 13G/A filed by Timken Company (Amendment)

      SC 13G/A - TIMKEN CO (0000098362) (Subject)

      2/8/24 1:08:55 PM ET
      $TKR
      Metal Fabrications
      Industrials
    • SEC Form SC 13G/A filed by Timken Company (Amendment)

      SC 13G/A - TIMKEN CO (0000098362) (Subject)

      2/15/23 2:23:09 PM ET
      $TKR
      Metal Fabrications
      Industrials

    $TKR
    Financials

    Live finance-specific insights

    See more
    • Timken Raises Quarterly Dividend to 35 Cents Per Share; Marking 12 Years of Increases

      NORTH CANTON, Ohio, May 2, 2025 /PRNewswire/ -- The board of directors of The Timken Company (NYSE:TKR, www.timken.com)), a global technology leader in engineered bearings and industrial motion, today approved a 3 percent increase in the company's quarterly cash dividend, raising it to 35 cents per share. The dividend is payable on May 23, 2025, to shareholders of record as of May 13, 2025. "Timken is proud to deliver 12 straight years of annual dividend increases," said Richard G. Kyle, president and chief executive officer. "This year's increase reflects the trust our board

      5/2/25 8:30:00 AM ET
      $TKR
      Metal Fabrications
      Industrials
    • Timken Reports First-Quarter 2025 Results

      Sales of $1.14 billion, down 4.2 percent from last yearFirst-quarter diluted EPS of $1.11; adjusted EPS of $1.40Updates full-year 2025 outlook to reflect net impact from tariffs; now expects EPS of $3.90-$4.40, with adjusted EPS of $5.10-$5.601Q-25 1Q-24 % Change Net Sales (mils.) $1,140.3 $1,190.3 (4.2 %) Net Income Margin 6.9 % 8.7 % (180 bps) Adjusted EBITDA Margin 18.2 % 20.7 % (250 bps) Diluted EPS $1.11 $1.46 (24.0 %) Adjusted EPS $1.40 $1.77 (20.9 %) NORTH CANTON, Ohio, April 30, 2025 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, today reported first-quarter 2025 sales of $1.14 billion, down 4.2

      4/30/25 6:51:00 AM ET
      $TKR
      Metal Fabrications
      Industrials
    • Timken to Announce First-Quarter 2025 Financial Results on April 30

      NORTH CANTON, Ohio, April 11, 2025 /PRNewswire/ -- The Timken Company (NYSE:TKR, www.timken.com)), a global technology leader in engineered bearings and industrial motion, will release its 2025 first-quarter financial results on Wednesday, April 30, prior to the opening of the New York Stock Exchange. The company will host a conference call that day to discuss its financial performance with investors and securities analysts. The financial results and conference call materials will be available online at http://investors.timken.com. Conference Call: Timken's Q1 2025 Earnings Re

      4/11/25 6:51:00 AM ET
      $TKR
      Metal Fabrications
      Industrials

    $TKR
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Timken Raises Quarterly Dividend to 35 Cents Per Share; Marking 12 Years of Increases

      NORTH CANTON, Ohio, May 2, 2025 /PRNewswire/ -- The board of directors of The Timken Company (NYSE:TKR, www.timken.com)), a global technology leader in engineered bearings and industrial motion, today approved a 3 percent increase in the company's quarterly cash dividend, raising it to 35 cents per share. The dividend is payable on May 23, 2025, to shareholders of record as of May 13, 2025. "Timken is proud to deliver 12 straight years of annual dividend increases," said Richard G. Kyle, president and chief executive officer. "This year's increase reflects the trust our board

      5/2/25 8:30:00 AM ET
      $TKR
      Metal Fabrications
      Industrials
    • Timken Reports First-Quarter 2025 Results

      Sales of $1.14 billion, down 4.2 percent from last yearFirst-quarter diluted EPS of $1.11; adjusted EPS of $1.40Updates full-year 2025 outlook to reflect net impact from tariffs; now expects EPS of $3.90-$4.40, with adjusted EPS of $5.10-$5.601Q-25 1Q-24 % Change Net Sales (mils.) $1,140.3 $1,190.3 (4.2 %) Net Income Margin 6.9 % 8.7 % (180 bps) Adjusted EBITDA Margin 18.2 % 20.7 % (250 bps) Diluted EPS $1.11 $1.46 (24.0 %) Adjusted EPS $1.40 $1.77 (20.9 %) NORTH CANTON, Ohio, April 30, 2025 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, today reported first-quarter 2025 sales of $1.14 billion, down 4.2

      4/30/25 6:51:00 AM ET
      $TKR
      Metal Fabrications
      Industrials
    • Timken to Announce First-Quarter 2025 Financial Results on April 30

      NORTH CANTON, Ohio, April 11, 2025 /PRNewswire/ -- The Timken Company (NYSE:TKR, www.timken.com)), a global technology leader in engineered bearings and industrial motion, will release its 2025 first-quarter financial results on Wednesday, April 30, prior to the opening of the New York Stock Exchange. The company will host a conference call that day to discuss its financial performance with investors and securities analysts. The financial results and conference call materials will be available online at http://investors.timken.com. Conference Call: Timken's Q1 2025 Earnings Re

      4/11/25 6:51:00 AM ET
      $TKR
      Metal Fabrications
      Industrials