Furman
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Furman - overview
Established
1974
Location
Carlsbad, CA, US
Primary Industry
Electronics
About
Founded in 1974, Furman specializes in power conditioning, protection, and distribution solutions for audio, video, and broadcast professionals, ensuring optimal performance for various environments. Furman, headquartered in Carlsbad, US, provides power management solutions for audio and video applications. The company was founded in 1974 and has established a presence in global markets, including North America, Europe, and Asia. It has been involved in two significant deals, the latest being an acquisition by CloudBreak Capital, though specific financial details were not disclosed.
Furman specializes in power conditioning, protection, and distribution solutions tailored for audio, video, and broadcast professionals. Their product offerings include advanced power conditioners that eliminate noise and interference, allowing users to experience high-quality sound and video across various setups. These solutions are employed by professional studio engineers, home theater enthusiasts, and in environments like concert venues, serving a global market. Furman’s revenue model is based on direct sales to consumers, businesses, and professional venues.
They engage in B2B transactions with retailers and wholesalers, as well as direct-to-consumer sales through their online platform. Their product range includes power conditioners and surge protectors, catering to different market segments. Furman plans to launch new products aimed at enhancing its power management solutions, with specific models set to be released in the upcoming year. The company has targeted expansion into new markets across Asia and Europe by 2025, leveraging recent funding from CloudBreak Capital to support product development and market entry initiatives.
This funding will aid in scaling operations and enhancing customer engagement within these regions.
Current Investors
CloudBreak Capital
Primary Industry
Electronics
Sub Industries
Consumer Electronics, Electronic Components
Website
www.furmanpower.com/
Verticals
Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Furman - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unspecified Exit | Completed | Furman | - | ||||||||
| Buyout | Completed | Furman | - |
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