T.M. Electronics, Inc.
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T.M. Electronics, Inc. - overview
Established
1961
Location
-, MA, US
Primary Industry
Electronics
About
T. M. Electronics, Inc. is a US-based company specializing in advanced packaging testing equipment.
They provide innovative solutions for ensuring packaging integrity across various industries including food, medical, and pharmaceuticals. Founded in 1961, T. M. Electronics, Inc.
focuses on manufacturing advanced testing equipment for packaging applications. The firm was acquired by Testing Machines, a portfolio company of Union Park Capital, in October 2016. T. M.
Electronics is headquartered in the US and has been involved in one deal to date, with the most recent deal occurring in October 2016. TME specializes in advanced packaging testing equipment, providing innovative solutions that encompass a wide range of applications including leak testing, burst testing, and material integrity assessment. Their core product offerings include instruments such as the TME BT Integra Pack, a smart package tester designed for burst and leak testing, and the TME WORKER™, a reliable leak and flow tester suitable for various materials, from flexible packaging to electronic products. These tools are critical in ensuring the quality and safety of packaging across industries such as food and beverage, medical devices, and pharmaceuticals.
TME serves a diverse clientele, including research and development laboratories, production lines, and quality control departments globally, helping them maintain compliance with international testing standards. Their products are marketed extensively in North America, Europe, and Asia, catering to customers that prioritize packaging integrity and quality. The revenue structure for TME revolves around direct sales of testing equipment and solutions to businesses in various industries. Transactions typically occur through B2B relationships, where companies purchase testing instruments and tools for use in their manufacturing and quality control processes.
TME's flagship products, including the TME BT Integra Pack and the TME WORKER™, are sold directly to clients, which may include both large corporations and smaller enterprises focused on rigorous packaging testing. While specific pricing plans for individual products are not disclosed, the company's offerings are positioned to meet the needs of entities that require precision and reliability in their packaging integrity assessments. TME's strategic approach fosters long-term partnerships with clients, ensuring ongoing support and the adoption of their sophisticated testing technologies in various markets. Future growth for T.
M. Electronics includes the development and launch of new products designed to enhance testing capabilities for packaging. The company is strategically aiming to expand its market presence in Europe and Asia by 2025. The funding from their most recent acquisition in October 2016 will be utilized to support these expansion initiatives, including new product development and enhancing distribution networks.
Current Investors
Testing Machines, Inc.
Primary Industry
Electronics
Sub Industries
Electronics
Website
www.tmelectronics.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
T.M. Electronics, 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 | T.M. Electronics, Inc. | - |
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