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 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| N/A | Completed | 6075 Lance Drive | - | ||||||||
| PIPE | Completed | Loctek | - | ||||||||
| N/A | Completed | 6075 Lance Drive | - |
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