Technical Concepts LLC
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Technical Concepts LLC - overview
Established
1987
Location
-, VA, US
Primary Industry
Consumer Products
About
Technical Concepts LLC specializes in innovative restroom solutions, focusing on improving hygiene and sanitation through advanced product offerings tailored for commercial environments. Founded in 1987 in Winchester, US, Technical Concepts LLC provides restroom sanitation solutions. The company was acquired by Newell Rubbermaid in April 2008 for approximately USD 445 mn from Liberty Partners. The firm has made two notable deals since inception, with its latest deal executed on February 27, 2008.
The founder's prior company history remains unspecified. Technical Concepts LLC offers a wide array of restroom hygiene products, including air fresheners, automatic flushers, touch-free hand dryers, faucets, and soap dispensers. Their solutions, like the AutoMist Air Fresheners, are designed for commercial clients in sectors such as hospitality, education, and healthcare, addressing the need for effective restroom sanitation. Technical Concepts LLC operates on a B2B model, primarily selling to commercial entities.
Their revenue is driven by direct sales and bulk purchasing options, with tailored pricing plans for their diverse product categories. Clients include schools, service companies, and government facilities, and they may offer subscription services for regular product replenishment. The company aims to leverage the recent acquisition by Newell Rubbermaid to enhance its product line and pursue new market opportunities. Key strategies include launching new products in their restroom hygiene range and expanding into additional geographic markets, though specific regions and dates have not been disclosed.
The utilization of the funds from the recent acquisition will support these growth initiatives.
Primary Industry
Consumer Products
Sub Industries
Household Appliances, Beauty & Hygiene
Website
www.technicalconcepts.com
Verticals
Manufacturing
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Technical Concepts LLC - 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 | Technical Concepts LLC | - | ||||||||
| Add-on | Completed | Bentfield International | - | ||||||||
| Buyout | Completed | Technical Concepts LLC | - |
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