Electro-Mechanical, LLC
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Electro-Mechanical, LLC - overview
Established
1958
Location
Bristol, VA, US
Primary Industry
Electronics
About
Electro-Mechanical Corporation, based in the US, specializes in designing and manufacturing electrical distribution products, including medium voltage switchgear and transformers, tailored for various industries. Electro-Mechanical Corporation was founded in 1958 and operates in Bristol, US, focusing on the electrical distribution sector. The company has undergone strategic pivots to enhance its product offerings but remains independently operated without parent or subsidiary affiliations. The founder's history is not specified, and the firm has secured two notable deals, with the most recent occurring in March 2024, when Oaktree Capital Management acquired Electro-Mechanical from Graycliff Partners for undisclosed financial terms.
Electro-Mechanical Corporation specializes in the design and manufacturing of medium voltage switchgear, transformers, and harmonic energy-saving solutions specifically for the electrical distribution industry. Their flagship products, including the Federal Pacific Padmount Switchgear, are essential for efficient power distribution in commercial and industrial settings. These offerings cater to sectors like mining and tunneling, emphasizing energy efficiency and reliability. The company's commitment to innovation is reflected in continuous product enhancements, ensuring compliance with industry standards and customer needs.
Electro-Mechanical Corporation generates revenue primarily through B2B direct sales to utilities and industrial contractors, with a focus on customized electrical solutions. Long-term contracts with clients in need of ongoing electrical infrastructure support contribute to a stable revenue stream. Pricing is typically project-specific, centering on flagship products such as medium voltage switchgear and transformers. Recent strategic investments include a USD 16.
55 mn expansion aimed at increasing manufacturing capacity and improving service delivery to meet the growing demand in existing and emerging markets. In March 2024, Oaktree Capital Management acquired Electro-Mechanical Corporation to enhance its brand and portfolio of power product offerings. The company aims to leverage recent funding to support the development of new products and expand into new markets. Specific plans include targeting additional geographic regions and sectors, although timelines for these expansions have not been disclosed.
The acquisition is expected to significantly bolster the company’s growth strategy moving forward.
Current Investors
Graycliff Partners
Primary Industry
Electronics
Sub Industries
Power Generation Equipment & Services, Electric Utilities, Industrial Machinery, Electronic Components
Website
www.electro-mechanical.com
Verticals
Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Electro-Mechanical, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Electro-Mechanical, LLC | - | ||||||||
| Buyout | Completed | Electro-Mechanical, LLC | - |
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