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 Type | 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Battery Systems Inc. | - |
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