SIGNET Electronic Systems, Inc.
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SIGNET Electronic Systems, Inc. - overview
Established
1974
Location
Norwell, MA, US
Primary Industry
Outsourcing
About
Based in the US, SIGNET Electronic Systems, Inc. specializes in integrated technology solutions that support critical operations across various sectors, including electronic security and communication systems. Founded in 1974 in Norwell, US, SIGNET Electronic Systems, Inc. provides technology solutions across different industries.
The firm has completed 1 deal, with the most recent transaction occurring on June 19, 2024, when it was acquired by Pavion, a portfolio company of Wind Point Partners. Financial terms of the acquisition were not disclosed. SIGNET offers integrated, scalable technology solutions designed to support critical business operations across various sectors. The company's core product offerings include electronic security systems, communication infrastructure, audiovisual technology, Internet of Things (IoT) solutions, and mission-critical networks.
By providing end-to-end services that encompass design, installation, integration, and ongoing support, SIGNET addresses the complex technology needs of enterprise clients. Their client base spans multiple industries including healthcare, government, and corporate environments throughout New England and beyond. The technology solutions are tailored to help clients navigate increasingly intricate infrastructure requirements, ensuring that they can meet both immediate and future operational challenges effectively. SIGNET's revenue model is primarily structured around B2B transactions, focusing on partnerships with enterprise clients and organizations requiring sophisticated technology solutions.
The company engages in direct sales relationships, where clients typically enter into service agreements for the design and implementation of technology systems. Transactions may include ongoing support services or maintenance plans, allowing clients to manage their critical systems effectively. Pricing structures vary based on the complexity and scale of the solutions provided, though specific details on pricing plans or individual product costs are not disclosed. This transactional framework enables SIGNET to maintain a steady revenue stream while supporting its clients' evolving technology needs.
In June 2024, SIGNET Electronic Systems, Inc. was acquired by Pavion, which aims to enhance its security and audiovisual systems capabilities while strengthening its market presence in healthcare communications. As part of this acquisition, SIGNET is expected to broaden its resources, supporting future growth initiatives.
Current Investors
Pavion
Primary Industry
Outsourcing
Sub Industries
Offshore IT Services/IT Outsourcing
Website
www.signetgroup.net
Company Stage
Add-on
Total Amount Raised
Subscriber access only
SIGNET Electronic Systems, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | SIGNET Electronic Systems, Inc. | - |
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