Stay Online Corp.

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Stay Online Corp. - overview

Established

1987

Location

Creedmoor, NC, US

Primary Industry

Electronics

About

Stay Online Corp. specializes in manufacturing and distributing a wide array of power cords and connectivity solutions, catering to global enterprises in telecommunications and data management. Stay Online Corp. was founded in 1987 in Creedmoor, US.


The company focuses on the design and distribution of power cords and connectivity solutions. The CEO is CTA Daniel Gilbert. In August 2017, Huron Capital Partners invested an undisclosed sum in the company, which has completed one investment deal since its inception. StayOnline specializes in the manufacturing and distribution of a comprehensive range of power cords and related connectivity solutions.


Their core product offerings include TAA-compliant power cords designed with American wire, which are crucial for data centers and various industrial applications. StayOnline offers over 7,000 configurations of power cords, enabling clients to meet specific electrical needs across diverse environments. The company serves a global clientele including data centers, telecommunications providers, and other enterprises requiring reliable power connectivity solutions. Their products are designed to facilitate efficient power management and connectivity in regions such as North America, Europe, and parts of Asia, catering to both stock and custom cord requirements with a minimum order quantity set at one.


StayOnline generates revenue through direct sales of its power cords and ancillary products to a broad range of business clients, including wholesalers and retailers within the technology and data center sectors. Transactions typically occur on a B2B basis, with clients placing orders for specific configurations based on their operational needs. For example, a telecommunications firm may purchase a customized batch of C14 to C13 power cords, with pricing being determined by the volume of the order and the complexity of the configurations required. The company emphasizes same-day shipping for in-stock items ordered by 3 PM Eastern, which bolsters their appeal in fast-paced environments.


Established pricing structures facilitate straightforward purchasing experiences for clients, thereby enhancing customer satisfaction and retention in the rapidly evolving tech industry. Stay Online Corp. is focused on the development of new power cord products tailored for emerging technologies, with anticipated launches in late 2023. The company plans to expand its reach into European and Asian markets by 2025, capitalizing on recent investments to support this growth.


The funds from Huron Capital Partners will specifically be allocated to enhance product development capabilities and increase distribution efficiencies, ensuring that Stay Online can effectively meet the demands of its expanding client base.


Current Investors

Huron Capital Partners

Primary Industry

Electronics

Sub Industries

Power Generation Equipment & Services, Electronic Components, Integrated Circuits, Computer & Related Peripherals

Website

www.stayonline.com

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

Stay Online Corp. - 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)
GrowthCompletedStay Online Corp.-

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