DMC Power, Inc.
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DMC Power, Inc. - overview
Established
1938
Location
Carson, CA, US
Primary Industry
Electronics
About
DMC Power, Inc. is a US-based manufacturer specializing in high voltage and extra high voltage transmission solutions through innovative connector products that enhance electrical infrastructure performance. Founded in 1938 and headquartered in Carson, US, DMC Power, Inc. provides high voltage connector products.
The company has undergone strategic pivots and has engaged in 4 significant deals, with its most recent funding round being a TRADE SALE on June 30, 2023, raising a total of USD 600. 00 mn from Precision Castparts Corp. DMC Power specializes in high voltage and extra high voltage (EHV) transmission and substation connector products, particularly their innovative Swage System Connections. Their product range includes the "Forever Connectors" for bus, cable, and grounding applications, ensuring durable connections that do not require replacement.
The Swage Tool guarantees a repeatable connection, enhancing installation efficiency for all users. DMC Power serves utility companies, electrical contractors, and industrial users across North America, South America, and selected regions in Europe, facilitating reliable energy transmission to the grid. DMC Power generates revenue through direct sales of its high voltage and EHV connector products, along with associated tooling and support services. The business operates on a B2B model, primarily selling to utility companies and electrical contractors.
Pricing is based on various products, particularly the Swage Tool and "Forever Connectors," customized for client projects. The company maintains ongoing relationships with clients, offering products along with training and support services, which contributes to a consistent revenue stream from repeat customers. Following the recent acquisition agreement on June 30, 2023, with Golden Gate Capital, DMC Power will focus on accelerating its growth trajectory by enhancing its next-generation swage connectors and expanding into new applications and end markets. This funding will support the development of upcoming products and the exploration of additional geographical markets.
Current Investors
Bridgepoint Group
Primary Industry
Electronics
Sub Industries
Electronic Components
Website
www.dmcpower.com
Verticals
Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
DMC Power, 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 | DMC Power, Inc. | - | ||||||||
| Secondary Buyout | Completed | DMC Power, Inc. | - | ||||||||
| Trade Sale | Completed | DMC Power, Inc. | - | ||||||||
| Add-on | Completed | HK Fittings | - | ||||||||
| Secondary Buyout | Completed | DMC Power, Inc. | - |
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DMC Power, Inc. - employee data
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