Conelec Of Florida, LLC
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Conelec Of Florida, LLC - overview
Established
1983
Location
DeLand, FL, US
Primary Industry
Electronics
About
Conelec Of Florida, LLC specializes in delivering innovative electronic solutions tailored for consumer electronics and specialized industrial applications, enhancing connectivity and efficiency across a variety of devices. Founded in 1983 and headquartered in DeLand, US, Conelec Of Florida, LLC provides electronic solutions focusing on performance and reliability. The company has undergone strategic pivots to adapt to market demands, enhancing its offerings in consumer electronics. Ty Eggemeyer leads the firm as CEO.
Conelec has engaged in two funding deals, with the most recent acquisition by Rosetta Capital Corporation occurring on June 1, 2011, although financial details were not disclosed. Conelec. net focuses on providing a wide array of electronic components and systems aimed at improving the functionality of consumer gadgets, communication devices, and automation systems. Targeting manufacturers, distributors, and end-users throughout North America and Europe, Conelec ensures broad accessibility to high-quality electronic solutions that meet the needs of various sectors.
Conelec. net's revenue model incorporates both B2B and direct-to-consumer transactions, partnering with retail and wholesale distributors to effectively reach diverse market segments. The company’s specialized electronics are marketed under a pricing structure that reflects unique features and performance benefits, facilitated through contractual agreements that secure consistent supply to clients. Looking ahead, Conelec Of Florida, LLC is focused on launching new products designed to enhance technological integration in everyday devices.
Plans are in place to expand into additional North American and European markets by the end of 2023. The funding from the recent acquisition will be directed towards these initiatives, supporting product development and market penetration strategies.
Current Investors
Main Street Capital Holdings, Rosetta Capital Corporation
Primary Industry
Electronics
Sub Industries
Integrated Circuits
Website
http://www.conelec.net
Verticals
Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Conelec Of Florida, LLC - 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 | Conelec Of Florida, LLC | - | ||||||||
| Buyout | Completed | Conelec Of Florida, LLC | - |
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Conelec Of Florida, LLC - employee data


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