JTI Electrical & Instrumentation, LLC
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JTI Electrical & Instrumentation, LLC - overview
Established
1998
Location
Bakersfield, CA, US
Primary Industry
Business Support Services
About
Based in California, US, and founded in 1998, JTI Electrical & Instrumentation, LLC operates as an electrical engineering firm that primarily serves facilities in North, Central, and Southern California, as well as Southern Georgia. Jason Tackitt is the founder and CEO of the company. In January 2022, Gemspring Capital acquired a majority stake in JTI Electrical & Instrumentation, LLC. The firm has 200 employees across four locations in Central and Southern California and Georgia.
The company offers engineering solutions including controls and automation, panel fabrication, process engineering services, electrical engineering and design services, as well as mechanical engineering, design, and construction. JTI provides its services to industrial processing facilities in the agriculture, food and beverage, energy, and manufacturing industries. The firm partners with companies including KraftHeinz, Kroger, Tillamook, Cargill, and more. The January 2022 acquisition brings additional service capabilities to JTI Electrical & Instrumentation, LLC that enables them to extend into new geographies to further its growth.
Current Investors
Gemspring Capital
Primary Industry
Business Support Services
Sub Industries
Engineering, Electric Utilities, Construction
Website
www.jtielectric.com
Verticals
Infrastructure
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
JTI Electrical & Instrumentation, LLC - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | JTI Electrical & Instrumentation, LLC | - |
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