Tec Art Industries, Inc.
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Tec Art Industries, Inc. - overview
Established
1989
Location
Wixom, MI, US
Primary Industry
Media
About
Tec Art Industries, Inc. is a manufacturer specializing in custom indoor lighted business signs and advertising solutions, enhancing brand visibility through innovative lighting technologies. Founded in 1989, Tec Art Industries, Inc. is based in Wixom, US, focusing on designing and manufacturing illuminated business signage.
The company has undergone two major deals, with the most recent being the sale of its stock to a strategic acquirer in February 2014. The CEO, Majid Touhami, leads the firm, bringing expertise from previous ventures. Tec Art Industries, Inc. specializes in the design and manufacturing of custom indoor lighted business signs, backlit signs, LED edge-lit signs, and various related advertising solutions.
These products cater to industries such as retail, hospitality, and corporate environments, enhancing visibility and brand communication. Tec Art's offerings utilize advanced lighting technologies to improve aesthetic appeal and message clarity, primarily marketed in North America and select international markets with high commercial activity. Tec Art Industries, Inc. generates revenue through direct sales to businesses, including retailers and corporate clients, as well as partnerships with wholesalers.
Their transactions are primarily B2B, with customized signage solutions tailored to client needs. Pricing varies based on project complexity, and clients may engage in one-off purchases or ongoing contracts, allowing flexibility to meet diverse demands. Tec Art Industries, Inc. is focused on expanding its product line with new designs and enhancements expected to be released by the end of 2024.
The company plans to target both urban and suburban markets across North America and select international regions for growth initiatives. The recent sale in February 2014 has positioned the firm to utilize its resources effectively towards these expansions and product innovations.
Primary Industry
Media
Sub Industries
eMarketing/Digital Marketing, Paper/Soft Products, Digital Media
Website
www.tecartinc.com
Verticals
Manufacturing
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Tec Art Industries, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Tec Art Industries, Inc. | - | ||||||||
| Buyout | Completed | Tec Art Industries, Inc. | - |
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