Precision Camera & Video Repair, Inc.
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Precision Camera & Video Repair, Inc. - overview
Established
1948
Location
Enfield, CT, US
Primary Industry
Consumer Services
About
Precision Camera & Video Repair, Inc. specializes in the repair of DSLR cameras, digital video cameras, and camcorders, providing high-quality service to professional photographers and videographers across the United States. Founded in 1948 and headquartered in Enfield, US, Precision Camera & Video Repair, Inc. focuses on camera and video equipment repairs.
The company has adapted its business model over the years, establishing itself as an independent Nikon Repair Service Center. The firm has completed three deals, with the most recent deal occurring on June 1, 2011. Specific details about the founder or any previous companies are not available. Precision Camera specializes in the repair of Digital Single-Lens-Reflex (DSLR) cameras, digital video cameras, and camcorders.
As an independent Nikon Repair Service Center, it provides expert repairs using original parts sourced directly from manufacturers. The company employs highly skilled, factory-trained technicians to ensure adherence to manufacturer standards, catering primarily to professional clients who demand reliable and timely repairs to protect their investments. Its services extend across major markets in the United States, including New York, California, and Texas. Precision Camera generates revenue through direct transactions for its camera repair services, which include a cost estimation process via their website.
Although pricing details are not publicly available, the company emphasizes the cost-effectiveness of repairs over purchasing new equipment. Additional revenue streams may stem from partnerships with manufacturers and industry professionals. The company's repair services are backed by a 90-day same defect guarantee, fostering customer loyalty and repeat business. Although there are no announced new products or specific plans for geographic expansion, Precision Camera's recent business activities include a significant deal on June 1, 2011, when CIVC Partners exited its stake in the company.
The financial terms of this exit were not disclosed. Further details on how this has influenced the company's growth strategy are not provided.
Primary Industry
Consumer Services
Sub Industries
Facilities & Maintenance Services, Consumer Services
Website
www.precisioncamera.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
Precision Camera & Video Repair, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unspecified Exit | Completed | Precision Camera & Video Repair, Inc. | - | ||||||||
| Secondary Buyout | Completed | Precision Camera & Video Repair, Inc. | - | ||||||||
| Buyout | Completed | Precision Camera & Video Repair, Inc. | - |
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