Califone International, Inc.
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Califone International, Inc. - overview
Established
1946
Location
San Fernando, CA, US
Primary Industry
Electronics
About
Califone International, Inc. specializes in providing audio-visual solutions and educational technology for learning environments, focusing on enhancing the teaching and learning experience through innovative products. Founded in 1946 and headquartered in San Fernando, US, Califone International, Inc. is known for its audio-visual equipment and educational technology solutions.
In January 2004, the company was acquired by School Specialty for USD 26 million, marking a significant transition in its business operations. The company has been involved in 2 deals to date, with its most recent deal occurring on January 16, 2004. The founder's specific history and previous ventures are not publicly detailed. Califone International offers a diverse array of audio-visual products tailored for educational purposes, including portable sound systems, headphones, and classroom audio solutions.
Their product range is designed to facilitate effective communication and learning in K-12 schools, early childhood centers, and special needs facilities. The company also focuses on providing innovative tools that cater to the unique requirements of educators in the North American market. Califone International primarily generates revenue through the direct sale of its audio-visual products and educational equipment to schools and educational institutions. The company operates under a B2B sales model, allowing educators and administrators to purchase supplies through online and catalog orders.
By offering free shipping on qualifying orders exceeding USD 69, the company encourages larger purchases, thus enhancing its sales strategy. Califone's established reputation within the educational sector supports a consistent revenue stream from its diverse clientele. Califone International plans to enhance its product lineup by launching new audio-visual solutions aimed at modernizing classroom experiences. The company intends to expand its market presence, particularly focusing on increasing its reach within the North American educational sector.
The recent acquisition by School Specialty is expected to support these initiatives, with funding from the USD 26 million Trade Sale aimed at bolstering product development and marketing efforts. This strategic direction aims to solidify Califone's commitment to meeting evolving educational needs.
Primary Industry
Electronics
Sub Industries
Electronic Components
Website
www.califone.com
Verticals
Manufacturing
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Califone International, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Califone International, Inc. | - | ||||||||
| Buyout | Completed | Califone International, Inc. | - |
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