Smart Electronics & Assembly, Inc.

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Smart Electronics & Assembly, Inc. - overview

Location

Anaheim, CA, US

Primary Industry

Electronics

About

Smart Electronics & Assembly, Inc. develops advanced electronic devices and systems, focusing on smart technology solutions that enhance connectivity and efficiency for various sectors. Smart Electronics & Assembly, Inc. specializes in cutting-edge electronic devices and systems.


The company was acquired by Secure Communication Services, a portfolio company of Vance Capital, in May 2013. Headquartered in Anaheim, US, Smart Electronics operates primarily in North America and Europe. Smartelec. com specializes in innovative smart technology solutions, focusing on advanced electronic devices and systems designed for enhanced connectivity and efficiency.


The core product offerings include smart home automation systems, integrated IoT devices, and energy management solutions catering to a diverse client base, including residential homeowners, commercial enterprises, and institutional clients across North America and Europe. These technologies address challenges such as energy inefficiency and security monitoring while promoting seamless device integration. Smartelec. com generates revenue through a multifaceted transaction structure, including direct-to-consumer sales and B2B partnerships.


The revenue model comprises one-time purchases of flagship products alongside subscription services for software updates and premium features. Customers may opt for annual subscription plans to access advanced capabilities within their smart home systems, ensuring continuous upgrades and support. The pricing structure is tailored to different customer segments, driving consistent revenue streams through individual and enterprise-level transactions. Smart Electronics & Assembly, Inc.


is focused on expanding its product line, including new smart home devices slated for release by late 2023. The company aims to enter new markets in Asia and South America by 2024, leveraging recent funding from the acquisition to support product development and market entry strategies. The recent funding round in May 2013 will be utilized to enhance research and development efforts, ensuring that the company remains competitive in the evolving smart technology landscape.


Current Investors

Secure Communications Systems

Primary Industry

Electronics

Sub Industries

Electronic Components, Integrated Circuits

Website

www.smartelec.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Smart Electronics & Assembly, Inc. - 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)
Add-onCompletedSmart Electronics & Assembly, Inc.-

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