Electrix, Inc

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Electrix, Inc - overview

Established

1963

Location

New Haven, CT, US

Primary Industry

Electronics

About

Electrix, Inc. specializes in advanced lighting solutions, focusing on innovative products that enhance the aesthetics and functionality of various environments through sustainable technologies. Electrix, Inc. was founded in 1963 and is headquartered in New Haven, US.


The company focuses on providing advanced lighting solutions. In August 2014, Electrix was acquired by Catalina Lighting, Inc. , a portfolio company of Boyne Capital Partners. The founder's history and previous ventures were not disclosed.


Electrix, Inc. specializes in advanced lighting solutions, primarily their proprietary elliptipar® products, designed to enhance various environments. Their offerings include LED drivers, controls, and tunable white lighting solutions for commercial, institutional, and residential applications, catering to offices, schools, places of worship, and transportation facilities. Electrix, Inc.


's revenue model is based on business-to-business transactions, primarily serving architects, interior designers, and contractors. The company engages in direct sales and partnerships with distributors to broaden their client base. Transactions are project-based, with customized lighting designs aligning with client specifications. Pricing is determined by installation complexity and scale, with premium products like the elliptipar® line reflecting innovative design and functionality.


Currently, Electrix, Inc. aims to expand its product offerings and enhance its market presence. Plans include the development and launch of new lighting solutions, although specific release dates are not mentioned. The company intends to enter new markets, focusing particularly on urban areas that prioritize sustainable lighting solutions.


The recent acquisition in August 2014 may provide additional resources to support these initiatives.


Current Investors

Catalina Lighting, Inc.

Primary Industry

Electronics

Sub Industries

Solid State Lighting (SSL)

Website

www.electrix.com

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Electrix, Inc - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedElectrix, Inc-

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