Inovar, Inc.
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Inovar, Inc. - overview
Established
1998
Location
North Logan, UT, US
Primary Industry
Logistics & Distribution
About
Based in the US, Inovar, Inc. specializes in electronic contract manufacturing, focusing on regulated complex products for industries such as aerospace, defense, and medical devices. Inovar, Inc. was founded in 1998 and is headquartered in North Logan, US.
The company operates primarily in electronic contract manufacturing, producing complex products tailored to the needs of its clients. Inovar, Inc. was acquired by Spartronics, LLC, a portfolio company of One Equity Partners, in September 2021, although financial terms were not disclosed. This acquisition will enhance Spartronics’ capacity to serve the aerospace and defense sectors.
Inovar, Inc. provides electronic contract manufacturing services, focusing on the production of complex products across various sectors, including commercial aerospace, defense, medical devices, and life sciences. Their core offerings include contract manufacturing of printed circuit board assemblies (PCBAs), subsystem integration, and complete box builds. Additionally, they offer value-added engineering services that encompass early-stage engineering support and comprehensive manufacturing testing, ensuring compliance with customer specifications throughout the product lifecycle.
Inovar, Inc. engages primarily in B2B transactions, partnering with clients in the aerospace, defense, and medical device industries to generate revenue through project-based contracts. Their pricing structure is typically determined by the complexity and scale of each project, supported by ongoing customer relationships through engineering support and aftermarket solutions. While specific pricing plans are confidential, the company's model fosters long-term partnerships that prioritize quality and adherence to strict industry standards.
Following the acquisition in September 2021, Inovar, Inc. aims to leverage Spartronics' resources to accelerate growth and enhance service delivery in the aerospace and defense markets. The funding from this acquisition will enable the company to develop new product lines and expand into targeted geographic regions, improving market presence. Through these initiatives, Inovar, Inc.
plans to strategically position itself to meet the evolving needs of its clients and capitalize on the growing demand in its core industries.
Current Investors
Spartronics, LLC
Primary Industry
Logistics & Distribution
Sub Industries
Engineering, Electronic Components & Semiconductor Wholesalers
Website
www.inovar-inc.com
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Inovar, 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 | Completed | Inovar, Inc. | - |
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