Lacon Electronic GmbH
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Lacon Electronic GmbH - overview
Established
1985
Location
-, -, Germany
Primary Industry
Electronics
About
Lacon Electronic GmbH is a German company that designs and manufactures advanced electronic and electromechanical solutions, serving industries globally, including E-Mobility and medical technology. Founded in 1985 and headquartered in Germany, Lacon Electronic GmbH specializes in creating tailored electronic solutions. The company has undergone strategic pivots to enhance its Original Design Manufacturing (ODM) and Electronic Manufacturing Services (EMS). CEO Ralf Hasler has led the company since its inception.
In April 2019, Hannover Finanz acquired a 70. 8% majority stake in Lacon, with the deal completed in May 2019, marking a significant change in ownership. The company has one reported deal. Lacon GmbH specializes in the design and production of complex electronic and electromechanical solutions tailored for various industries worldwide.
Their core offerings encompass Original Design Manufacturing (ODM) and Electronic Manufacturing Services (EMS), providing comprehensive support from conception through engineering to production. The company's solutions cater to diverse applications, including E-Mobility, medical technology, industrial automation, and Internet of Things (IoT) systems. Lacon serves a global market with significant penetration in Europe, Asia, and North America, meeting the demands of modern technological applications. Lacon GmbH reported a revenue of USD 68.
28 mn for the year 2022, with an EBITDA of USD 5. 78 mn for the same period. Their revenue model is primarily based on B2B transactions, involving tailored electronic manufacturing solutions across various industries, often through long-term agreements or project-specific contracts. Looking ahead, Lacon Electronic GmbH is focused on launching new products, particularly in high-performance power electronics, with anticipated releases by the end of 2023.
The company plans to expand into the Asian market, targeting growth in regions such as South Korea and Singapore by 2025. Recent funding from the acquisition by Hannover Finanz will be instrumental in supporting these initiatives, enhancing product development and market entry strategies.
Current Investors
Hannover Finanz
Primary Industry
Electronics
Sub Industries
Electronic Components, Electronic Coils & Transformers
Website
www.lacon.de
Verticals
Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Lacon Electronic GmbH - timeline of key events
Lacon Electronic GmbH - financials
| Fiscal Year Ended | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | - | - | - | - | - | - | - | 54,848,009 | 53,200,000 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - | - | - | - | - | (3.0%) | - | - | - |
| EBITDA (USD) | - | - | - | 1,779,154.3 | 2,326,480.9 | 2,321,835.3 | 2,868,732.2 | 5,391,615.8 | 6,905,942.7 | 5,745,513 | - | - | - |
| Operating Income (USD) | - | - | - | 1,348,861.3 | 1,951,196.7 | 1,922,334.7 | 2,423,761.2 | 4,919,312.3 | 6,112,688.8 | 5,147,931.7 | - | - | - |
| Operating Margin | - | - | - | - | - | - | - | - | 11.1% | 9.7% | - | - | - |
| % EBITDA Margin | - | - | - | - | - | - | - | - | 12.6% | 10.8% | - | - | - |
| NET Income (USD) | (138,031.7) | 235,669.2 | 15,291.6 | 463,908.9 | 895,242.7 | 1,099,015.8 | 1,561,682.7 | 3,521,933 | 4,264,244.9 | 3,853,068 | - | - | - |
| % Net Margin | - | - | - | - | - | - | - | - | 7.8% | 7.2% | - | - | - |
Lacon Electronic GmbH - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Announced | Lacon Electronic GmbH | - | ||||||||
| Buyout | Completed | Lacon Electronic GmbH | - |
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Lacon Electronic GmbH - employee data
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