Battery Systems Inc.

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Battery Systems Inc. - overview

Established

1955

Location

Garden Grove, CA, US

Primary Industry

Energy Storage & Batteries

About

Based in California, US, and founded in 1955 by Harry Streelman, Battery Systems Inc. operates as a provider of battery products on the market. The firm owns a battery distribution team in the US with over 100 locations and distribution across all 50 states. In the 1980s and '90s, the firm grew to over 30 locations.


The company expanded its product line by offering industrial backup batteries, railroad batteries, and renewable energy in 2005 and increased its sales team to over 50 members between 2005 and 2016. Atlas Holdings acquired the company in 2020. The firm offers different types of batteries including automotive, household and electronics, commercial, solar, marine, electric vehicle and golf cart, Powersports, and industrial batteries for its customers. The firm also offers equipment and accessories such as battery boxes, gloves, wiper blades, chargers, boosters, and testers.


The company's revenue is generated by offering 24/7 online support and free in-store pickup, as well as by operating an e-commerce website where it allows its customers to purchase products online.


Current Investors

Atlas Holdings

Primary Industry

Energy Storage & Batteries

Sub Industries

Solar Power, Energy Storage & Batteries

Website

www.batterysystems.net

Verticals

E-commerce

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Battery Systems Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedBattery Systems Inc.-

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