Intermatic Incorporated

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Intermatic Incorporated - overview

Established

1891

Location

Libertyville, IL, US

Primary Industry

Electronics

About

Intermatic Incorporated designs and manufactures electrical control products, which include advanced timer controls, lighting control systems, and surge protection devices, enhancing energy efficiency and user convenience in various applications. Intermatic Incorporated is a manufacturer of electrical control products headquartered in Libertyville, US. Founded in 1891, the company has a history of evolving its product line to meet changing consumer needs. Its founder has not been publicly detailed, and the company does not have known subsidiaries.


The company has completed one deal, with the most recent deal taking place on April 23, 2025. Intermatic Incorporated specializes in a diverse portfolio of electrical control products, focusing primarily on timer controls, in-wall controls, advanced lighting control systems, and surge protection devices. Their flagship products include the ABRA Smart Lighting System, which provides innovative Wi-Fi control for home lighting, and the I-PURE Salt Chlorine Generator, designed to enhance pool water sanitation by converting salt into chlorine. The company's offerings cater to a wide range of end users, including residential homeowners, utility providers, and commercial contractors, addressing specific needs such as energy efficiency, automation, and safety in electrical installations.


Intermatic products are designed for use in various applications, including HVAC/R systems, pool and spa equipment, and general lighting solutions. The company’s products are available in multiple geographical markets, including the United States, Canada, and select international regions. Intermatic generates revenue through various transaction structures that encompass direct sales to consumers, wholesale distribution partnerships, and B2B engagements with contractors and utility companies. The revenue model is primarily based on the sale of individual products, including their widely-recognized ABRA Smart Bulbs and the I-PURE Salt Chlorine Generator, which are targeted at enhancing user convenience and energy efficiency.


These transactions typically involve bulk orders or single-unit purchases, depending on customer needs, and are often facilitated through both online and in-store retail channels. Intermatic's customer interactions are supported by their award-winning customer service and sales teams, ensuring that clients receive timely assistance and product support. This business model is tailored to serve the diverse needs of customers in both residential and commercial markets. In April 2025, MPE Partners, along with the company's management, invested in Intermatic Incorporated in a recapitalization.


Financial terms were not disclosed. The recapitalization will provide the company with operational resources to enhance its further growth as well as pursue add-on acquisitions. The company is currently focused on designing and launching new products, with specific details about upcoming releases expected to be announced soon. Furthermore, Intermatic is exploring opportunities to expand into new markets, particularly in Europe and Asia, by the end of 2026.


Current Investors

MPE Partners

Primary Industry

Electronics

Sub Industries

Power Generation Equipment & Services, Heating, Cooling & Ventilation Equipment and Services, Solid State Lighting (SSL), Electronic Components

Website

www.intermatic.com

Verticals

Big Data, IoT (Internet of Things), Manufacturing

Company Stage

Mature

Total Amount Raised

Subscriber access only

Intermatic Incorporated - 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)
RecapitalisationCompletedIntermatic Incorporated-

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