High Tech Locksmiths, Inc.
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High Tech Locksmiths, Inc. - overview
Established
1992
Location
Miramar, FL, US
Primary Industry
Automobiles, Other Vehicles & Parts
About
Based in Florida, US, and founded in 1992, High Tech Locksmiths, Inc. provides locksmithing services, particularly in key duplication and generation for the auto industry. In December 2024, High Tech Locksmiths was acquired by Dent Wizard International Corporation from OPENLANE, Inc. , Carvana, LLC, Periphas Capital, and Apax Partners.
High Tech Locksmiths offers comprehensive locksmithing solutions, primarily focusing on key duplication and key generation services tailored for sectors within the auto industry. Their diverse client base includes auto auctions, commercial fleets, repossession agents, dealerships, financial institutions, municipalities, and e-commerce retailers. The company's services are designed to meet the specific needs of key management. High Tech Locksmiths operates in multiple geographic markets, including Texas and potentially other states.
High Tech Locksmiths generates revenue through a structured transactional model focused on business-to-business (B2B) interactions within the auto industry. Revenue streams are derived from direct service agreements with clients requiring ongoing key duplication and generation services. Transactions are structured as service contracts with specific pricing plans based on the volume of keys or the complexity of the key generation process, fostering predictable revenue flows and strong partnerships in the automotive sector.
Primary Industry
Automobiles, Other Vehicles & Parts
Sub Industries
Automobiles, Other Vehicles & Parts
Website
www.htlkeys.com
Total Amount Raised
Subscriber access only
High Tech Locksmiths, 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, Trade Sale | Completed | High Tech Locksmiths, Inc. | - |
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