C&D Technologies, Inc.
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C&D Technologies, Inc. - overview
Established
1906
Location
Blue Bell, PA, US
Primary Industry
Energy Storage & Batteries
About
C&D Technologies, Inc. is a manufacturer specializing in advanced energy storage solutions, delivering a range of battery products tailored for critical applications in telecommunications, data centers, and renewable energy sectors. Founded in 1906 in Blue Bell, US, C&D Technologies develops battery solutions primarily for telecommunications and energy sectors. The company underwent a strategic pivot to focus on advanced energy storage technologies.
C&D Technologies was acquired by KPS Capital Partners on August 22, 2017, from Angelo, Gordon & Co. The company currently operates under the leadership of CEO Christian Rheault. C&D Technologies specializes in advanced energy storage solutions, offering a diverse range of battery products including Flooded Lead Acid (VLA) and Valve Regulated Lead Acid (VRLA) batteries. These products serve critical roles in telecommunications, data centers, and renewable energy sites.
The batteries are designed for reliability and longevity, featuring a 20-year design life for VLA batteries and over 10 years for VRLA batteries. The company integrates innovative technologies such as the C&D Ohmic Ring™ and Nano-Carbon VRLA batteries, ensuring enhanced efficiency and safety for its global customer base, particularly in North America. In the most recent fiscal year, C&D Technologies reported a revenue of USD 354. 83 mn, with an EBITDA of USD -40.
77 mn, indicating a challenging financial position. C&D Technologies aims to expand its product line with upcoming innovations in energy storage solutions, though specific release dates are not disclosed. The firm plans to target new markets, particularly in renewable energy and telecommunications sectors across North America and Europe by 2025. The funding from the recent Public to Private round, in which the company raised USD 50.
54 mn, will be utilized to support these growth initiatives, enhancing product development and market reach.
Current Investors
KPS Capital Partners, JMC Capital Partners
Primary Industry
Energy Storage & Batteries
Sub Industries
Electric Utilities, Energy Storage & Batteries
Website
www.cdtechno.com
Verticals
Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
C&D Technologies, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Trojan Battery Company, LLC | - | ||||||||
| Secondary Buyout | Completed | C&D Technologies, Inc. | - | ||||||||
| Buyout | Completed | C&D Technologies, Inc. | - | ||||||||
| Public to Private | Completed | C&D Technologies, Inc. | - |
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