Altron Inc. Asset Profile

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Year established

1974

Location

MN US

Primary Industry

Electronics

About

Based in Minnesota, US and founded in 1974, Altron Inc. trading as Altron, opertes as a manufacture of electronic and electromechanical solutions. In March 2021, VirTex Enterprises, LP, a portfolio company of Insight Equity, acquired Altron, Inc. The Altron Inc. platform offers electronic contracts that include rigid, rigid-flex, and flex PCB assembly, wire and cable harness, mechanical assembly, box building, quick-turn prototype, testing, conformal coating, and ESS testing, as well as bar code tracking, order fulfillment, ERP/CRM system, stock and distribution, and drop shipping services. The company's client base includes medical, military, aerospace, and high-precision industries.

Current Investors

VirTex Enterprises, LP

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Primary Industry

Electronics

Sub Industries

Logistics & Distribution, Electronics

Website

www.altronmfg.com

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Deals

Deals Type
Add-on

Deal Status	Target (s)	Deal Date	Investor(s)	Seller(s)	Deal size (Mn)	Enterprise value (Mn)	Post-money valuation (Mn)	EBITDA multiple (x)	Revenue multiple (x)	Lead partner (s)
Completed	Altron Inc.	16 Mar 2021

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