MindCore Technologies Inc.
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MindCore Technologies Inc. - overview
Established
2008
Location
Montreal, QC, Canada
Primary Industry
Power & Utilities
About
Based in Canada, MindCore Technologies Inc. is dedicated to the design and manufacture of innovative medium and high voltage disconnect switches, providing robust electrical solutions for the energy sector. MindCore Technologies Inc. specializes in electrical switching devices, founded in 2008 and headquartered in Montreal, Canada.
The company has executed a total of 1 deal, with the most recent deal occurring on December 2025, Continuim Equity Partners acquired MindCore Technologies Inc. Financial terms of the transaction were not disclosed. MindCore Technologies specializes in the design and manufacture of medium and high voltage disconnect switches, including a range of innovative electrical switching devices. Their core offerings encompass products such as the EHTi Smart Operator, which features real-time monitoring capabilities and is compatible with various Automatic Breaker Systems (ABS), along with multiple disconnect models including vertical break, double break, and grounding disconnects.
These products are engineered to provide robust and reliable solutions for the energy sector, ensuring efficient and secure operations within substations. MindCore serves a diverse client base, including utility companies and industrial clients primarily across North America, Central America, and parts of South America, all of which require high-performance electrical systems for power distribution and management. MindCore Technologies operates on a business-to-business model, providing its disconnect switches and related services directly to utility companies and industrial operators. Revenue is generated primarily through direct sales of their products, including flagship offerings such as the EHTi Smart Operator and various disconnect switch models.
Transactions typically occur as one-time purchases, with clients seeking long-term partnerships based on the reliability and performance of MindCore's solutions. The structure of these transactions involves detailed contracts outlining specifications and delivery schedules, with clients often engaging in multi-year agreements for ongoing supply. The company’s focus on high-quality manufacturing and engineering expertise aims to ensure customer satisfaction and repeat business within the energy infrastructure market. In December 2025, Continuim Equity Partners acquired MindCore Technologies Inc.
The acquisition allows MindCore Technologies Inc. to expand its product offerings. Future growth initiatives are expected to focus on enhancing their existing product lines and developing new technologies to meet market demands.
Current Investors
Continuim Equity Partners
Primary Industry
Power & Utilities
Sub Industries
Power Generation Equipment & Services, Electric Utilities, Industrial Machinery
Website
www.mindcoretech.com/
Verticals
Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
MindCore Technologies Inc. - 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 | MindCore Technologies Inc. | - |
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