Encore Industries

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Encore Industries - overview

Established

1997

Location

San Jose, CA, US

Primary Industry

Business Support Services

About

Encore Industries excels in custom fabrication, providing tailored enclosures, frames, and assemblies that support high-tech product development across various industries. Founded in 1997, Encore Industries operates out of San Jose, US and specializes in the fabrication of essential components for high-tech applications. In November 2016, IPL Plastics Inc. acquired Encore Industries for USD 35 mn.


The company has focused on enhancing its operational capabilities since its inception and has established a strong presence in the market. Encore Industries specializes in the custom fabrication of enclosures, frames, chassis, and assemblies, serving as essential components in high-tech product development. Their core offerings include tailored solutions designed to meet the unique specifications of various industries, which rely on robust and efficient fabrication to support their technological products. These enclosures are engineered to provide structural integrity and protection for sensitive electronic components, addressing challenges such as environmental exposure and physical stress.


Encore Industries caters to a diverse clientele that spans multiple sectors, including telecommunications, aerospace, medical devices, and industrial automation. Their products are distributed across a global market, with significant presence in North America, Europe, and Asia-Pacific, ensuring that they meet the evolving demands of their end users in these regions. Encore Industries generates revenue through direct sales of their custom fabricated products to businesses in various industries. The company typically engages in B2B transactions, establishing partnerships with clients who require bespoke solutions tailored to their specifications.


Business transactions are predicated on contracted agreements, where clients may request specific designs that meet their operational needs. Pricing structures are determined based on the complexity and scope of the projects, with potential for bulk orders to be reflected in negotiated rates. The company’s flagship offerings, such as custom enclosures and chassis, drive a significant portion of their business, solidifying their reputation as a leading provider in the fabrication space. Encore Industries plans to leverage its latest funding from the Add-on round in November 2016 to enhance its R&D efforts.


This includes the development of new product lines aimed at the telecommunications and medical device sectors, with launches expected by 2025. Additionally, the company intends to expand its market reach into Asia-Pacific and Europe, targeting mid-sized manufacturers for their specialized enclosure needs. The funding will support these initiatives, enabling Encore Industries to enhance its operational capabilities and better serve its growing clientele.


Current Investors

IPL Plastics Inc.

Primary Industry

Business Support Services

Sub Industries

Engineering, Electronics, Steel & Metals, Rubber & Plastics

Website

www.encoreindustries.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Encore Industries - 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-onCompletedEncore Industries-

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