Dynapower Company, LLC
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Dynapower Company, LLC - overview
Established
1963
Location
-, VT, US
Primary Industry
Energy Storage & Batteries
About
Dynapower Company, LLC develops advanced energy storage and power conversion systems, offering tailored solutions for industries such as renewable energy, electric vehicle charging, and utility-scale management. Founded in 1963, Dynapower Company, LLC, based in South Burlington, US, specializes in energy solutions. The company was acquired by Sensata Technologies, Inc. in July 2022 for USD 580 mn.
CEO Adam Knudsen, who leads the firm, continues to drive its strategic operations within the Sensata family. Dynapower specializes in energy storage and power conversion systems, providing a comprehensive range of solutions tailored to meet the demands of various industries. Their core offerings include advanced rectifiers, transformers, frequency converters, and energy storage systems designed for applications in hydrogen production, electric vehicle charging, and utility-scale energy management. These products enhance operational efficiency by maximizing equipment uptime and supporting the integration of renewable energy sources.
Dynapower serves a diverse client base that includes government entities, industrial manufacturers, and companies in the renewable energy sector across North America, Europe, and Asia. Their technologies address the challenges associated with the transition to cleaner energy, focusing on scalability and reliability. Dynapower generates revenue through direct sales and service agreements, concentrating on B2B transactions. Their business model involves the sale of high-value capital equipment, such as power conversion units and energy storage systems, complemented by service contracts for preventative maintenance, technical support, and equipment upgrades.
The pricing for these transactions reflects the sophisticated engineering of their products, with service agreements enhancing customer relationships and operational efficiency. Through partnerships within the renewable energy sector, Dynapower engages in long-term customer relationships that contribute to the company's financial stability. Following the acquisition by Sensata Technologies, Inc. , Dynapower plans to leverage recent funding to expand its product offerings and geographic reach.
New products are currently under development, aimed at enhancing their energy storage capabilities. The company is targeting growth in international markets, specifically in Europe and Asia, with plans to increase its presence by 2024. The recent USD 580 mn funding will facilitate these initiatives, allowing for investment in new product designs and scaling operations to meet rising demand.
Primary Industry
Energy Storage & Batteries
Sub Industries
Energy Storage & Batteries
Website
www.dynapower.com
Verticals
Manufacturing
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Dynapower Company, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Dynapower Company, LLC | - | ||||||||
| Buyout | Completed | Dynapower Company, LLC | - |
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