Loctek

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Loctek - overview

Established

2002

Location

Ningbo, -, China

Primary Industry

Consumer Products

About

Based in Ningbo, China, and founded in 2002, Loctek operates as a developer of ergonomic products, focusing on the development of lift tables, various new office systems and equipment. The founder of the company, Lehong Xiang, is the Vice President of the China Electronic Video Association. Loctek has 4 manufacturing bases in Ningbo, Guangxi and Vietnam, and has established 17 overseas warehouses. There are 4000 employees located in China, USA, Germany, UK, Japan, Vietnam and Philippines.


The products provided by the company can be divided into electric children's learning desks and chairs, AI intelligent lift tables, intelligent electric home tables, intelligent office lift tablse, intelligent lift workstations, collaborative office system solutions, sit-stand-move workstations, and ergonomic computer stands. Products within include EC1 electric lifting study table, Lego E1D alternating electric lift desk for sitting and standing, V9 multi-sensory learning and entertainment car, and Q5S six-screen monitor stand. The products can be used in finance and securities, security and surveillance, IT networks, government and enterprise offices, research and education, and advertising, media, and other industries.


Current Investors

JP Morgan Asset Management, China Asset Management, Hunan Light Salt Veture Management Co.,Ltd.

Primary Industry

Consumer Products

Sub Industries

Equipment Rental & Leasing, Furniture

Website

www.loctek.com

Verticals

Manufacturing

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

Loctek - 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)
N/ACompleted6075 Lance Drive-
PIPECompletedLoctek-
N/ACompleted6075 Lance Drive-

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