FAITAL S.p.A.
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FAITAL S.p.A. - overview
Established
1958
Location
Milan, -, Italy
Primary Industry
Consumer Products
About
FAITAL S. p. A. is an Italian company specializing in the design and manufacture of high-performance loudspeakers for automotive and professional audio applications.
Founded in 1958 and headquartered in Milan, Italy, FAITAL S. p. A. designs and produces loudspeakers.
In June 2019, the company was acquired by ALPS ALPINE, which obtained an 80% stake in the firm to enhance its audio equipment business management. The company's founder details are not specified. FAITAL specializes in creating high-performance loudspeakers tailored for automotive and professional settings. Their product line includes various speaker systems designed to deliver superior sound quality and durability.
These loudspeakers are utilized in automotive audio systems as well as in professional audio environments like concert venues and public address systems. FAITAL's products cater to a diverse customer base, including automotive manufacturers and audio equipment retailers across Europe, Asia, and North America. In the most recent year, FAITAL reported revenue of USD 37. 84 mn and an EBITDA of USD 1.
52 mn. Revenue is primarily generated through direct sales to B2B clients, including automotive manufacturers and professional audio distributors, often involving bulk purchases. Following the acquisition by ALPS ALPINE in June 2019, FAITAL aims to improve its management system for sound and audio equipment. The company is expected to launch new products and expand into additional markets, although specific details on products or targeted regions are not disclosed.
Recent funding will assist in establishing a consistent approach to planning, development, and production within the company.
Current Investors
Alps Alpine
Primary Industry
Consumer Products
Sub Industries
Consumer Products, Consumer Electronics, Consumer Electronics Stores, Electronic Components
Website
www.faital.com
Verticals
Manufacturing
Total Amount Raised
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FAITAL S.p.A. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LP Direct | Completed | FAITAL S.p.A. | - |
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