Global Equipment Services and Manufacturing Inc.
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Global Equipment Services and Manufacturing Inc. - overview
Established
2005
Location
San Jose, CA, US
Primary Industry
Electronics
About
Global Equipment Services and Manufacturing Inc. is a US-based company specializing in automated test systems and quality assurance solutions for various industries to enhance manufacturing efficiency and ensure product quality. Founded in 2005 and headquartered in San Jose, US, Global Equipment Services and Manufacturing Inc. provides advanced solutions for automated testing.
Most recently, the company was acquired during a TRADE SALE on August 1, 2024, for USD 50. 00 mn by Averna Technologies Inc. , a portfolio company of Investissement Québec, W Investments, and Walter Capital Partners. The firm has completed a total of 4 deals to date.
Global Equipment Services and Manufacturing Inc. specializes in offering comprehensive automated test solutions and quality assurance services. Their products include in-line test systems and precision assembly platforms that leverage advanced technologies such as vision inspection systems and robotics, tailored for sectors like aerospace, automotive, and consumer electronics. Their solutions are marketed globally, covering regions such as North America, Europe, and Asia, addressing the complexities of quality testing in manufacturing.
The revenue model at Global Equipment Services and Manufacturing Inc. is structured around B2B partnerships, generating income through sales of their flagship automated test solutions and consulting services. Their business transactions typically involve direct sales and long-term service contracts, allowing for strong client relationships and revenue through tailored testing solutions designed to meet specific project requirements. Following its acquisition by Averna Technologies Inc.
, Global Equipment Services and Manufacturing Inc. aims to leverage recent funding to expand its system integrators and test automation solutions across both domestic and international markets. The integration of their operations with Averna is expected to enhance product offerings and facilitate entry into new markets. Details regarding the launch of upcoming products or further geographic expansions are currently not specified.
Current Investors
Averna Technologies Inc., IT-Farm Corporation, IDG Ventures Vietnam
Primary Industry
Electronics
Sub Industries
Engineering, Consumer Electronics, Electronics
Website
www.geservs.com
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Global Equipment Services and Manufacturing Inc. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Corporate Carve Out | Completed | Global Equipment Services and Manufacturing Inc. | - |
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Global Equipment Services and Manufacturing Inc. - employee data
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