Hisonic, Inc.

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Hisonic, Inc. - overview

Established

1959

Location

Olathe, KS, US

Primary Industry

Electronics

About

Hisonic, Inc. develops and manufactures high-quality electronic components for various industries, focusing on tailored solutions that meet the specific performance and reliability needs of its customers. Founded in 1959 and headquartered in Olathe, US, Hisonic, Inc. specializes in the production of electronic components.


In May 2018, the company was acquired by Gowanda Components Group, LLC, a portfolio company of Addison Capital Partners. The founder's history and additional company pivots are not publicly documented. HiSonic specializes in providing high-quality electronic components tailored to meet diverse customer needs. The company's core product offerings include a range of catalog and custom components designed for various applications across different industries.


These products are engineered to enhance performance and reliability, addressing specific challenges faced by end users in sectors such as telecommunications, automotive, and consumer electronics. HiSonic serves a broad clientele, including original equipment manufacturers (OEMs) and industrial firms, primarily targeting markets in North America, Europe, and Asia. The company focuses on delivering solutions that meet technical specifications and align with customer requirements for durability and efficiency. HiSonic generates revenue through direct sales of its electronic components, typically engaging in B2B transactions with OEMs and distributors.


The revenue model is structured around individualized contracts, with clients purchasing components either as part of bulk orders or through strategic partnerships that facilitate ongoing supply arrangements. These transactions are often negotiated based on the specific needs of the client. The revenue stream is bolstered by flagship offerings that represent the company's commitment to innovation and quality, fostering long-term relationships with clients across various geographical markets. With the acquisition by Gowanda Components Group in May 2018, Hisonic, Inc.


aims to leverage its capabilities to design and launch new products tailored for emerging market needs. The company is planning to expand into the European and Asian markets by 2025, focusing on industries that require advanced electronic solutions. Recent funding will help support product development and market entry strategies to ensure a robust growth trajectory.


Current Investors

Gowanda Components Group, LLC

Primary Industry

Electronics

Sub Industries

Electronic Coils & Transformers, Electronic Components

Website

www.hisonic.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Hisonic, Inc. - 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-onCompletedHisonic, Inc.-

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Hisonic, Inc. - employee data

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