Technibus
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Technibus - overview
Location
Canton, OH, US
Primary Industry
Industrial Machinery
About
Technibus is a specialized manufacturer focused on designing and producing bus bar systems for efficient electrical power distribution in various industries, delivering tailored solutions for complex applications. Technibus operates as a company that provides essential bus bar systems for electrical power distribution. In June 2016, IES Holdings, Inc. acquired Technibus for USD 45.
00 mn. The firm is headquartered in Canton, US, and has built a reputation for its products across North America, Europe, Asia, and the Middle East. The company was founded by experienced professionals in the industry, contributing to its innovative approaches in power distribution solutions. Technibus specializes in the design and manufacturing of Isolated Phase, Non-Segregated, and Segregated Bus Products, which are integral components for the efficient distribution of electrical power.
These metal-enclosed bus bar systems are engineered to meet specific requirements for a multitude of applications across various industries, including power generation, petrochemical, medical, military, and water technologies. The company's offerings serve a diverse client base, including industrial facilities, utilities, and defense contractors, all of which rely on these robust systems for safe and effective power transmission. Technibus has successfully penetrated various geographical markets, with reputable installations across North America, Europe, Asia, and the Middle East, providing solutions tailored to meet local regulatory standards and operational needs. The revenue model of Technibus is primarily driven by B2B transactions, where the company engages directly with end-users and industrial clients for the supply of its bus bar systems.
Clients typically place bulk orders for customized solutions, which are manufactured based on their operational specifications and delivery timelines. Revenue is generated through single purchase agreements and long-term contracts, ensuring a consistent flow of business. The firm also offers field services, contributing to its revenue by providing maintenance and support for its products post-installation. While exact pricing plans are proprietary, flagship products such as the Isolated Phase Bus and Non-Segregated Bus are positioned as premium offerings within the market, reflecting the high quality and customization options available.
The acquisition of Technibus by IES Holdings, Inc. in June 2016 for USD 45. 00 mn aims to strengthen and diversify their services and product offerings. As part of their growth strategy, Technibus is expected to leverage the resources and capabilities of IES Holdings, Inc.
to develop new products that cater to emerging market needs. Additionally, Technibus plans to enhance its presence in international markets, with a particular focus on expanding operations in Asia and Europe by 2025.
Primary Industry
Industrial Machinery
Sub Industries
Power Generation Equipment & Services, Industrial Machinery
Website
www.technibus.com
Verticals
Manufacturing
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Technibus - 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 | Technibus | - | ||||||||
| Buyout | Completed | Technibus | - |
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