Tekscan, Inc.
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Tekscan, Inc. - overview
Established
1987
Location
-, MA, US
Primary Industry
Industrial Machinery
About
Tekscan, Inc. is a technology company specializing in pressure mapping, force measurement, and tactile sensing solutions, delivering innovative products that improve outcomes in clinical and research settings across multiple industries. Founded in 1987 and headquartered in the US, Tekscan, Inc. develops advanced sensor technologies for various applications.
The company was acquired by Artemis Capital Partners in September 2020, which supported its next chapter of growth. The current CEO is John Jutila. Tekscan, Inc. specializes in pressure mapping, force measurement, and tactile sensing technologies, offering innovative solutions designed to enhance clinical and research outcomes across various industries.
Their core products include the F-Scan GO system, a high-resolution in-shoe gait analysis tool that accurately measures pressure dynamics in biomechanics, and battery sensors that monitor pressure and temperature during battery research and development. These products are utilized in applications ranging from medical diagnostics and dental care to automotive and semiconductor industries. Tekscan's sensors and systems provide actionable insights that optimize product designs for clients such as healthcare providers, automotive manufacturers, and researchers globally. The company markets its products primarily in North America, Europe, and Asia-Pacific regions, serving a diverse client base that includes medical institutions, automotive engineers, and industrial researchers.
Tekscan generates revenue through the direct sale of its products and solutions, catering primarily to business-to-business (B2B) clients in various sectors, including healthcare and automotive. The company may structure its transactions through one-time purchases or ongoing partnerships that involve providing customized solutions tailored to specific client requirements. Their flagship products, such as the F-Scan GO and specialized battery sensors, command pricing structures that reflect their advanced technology and application-specific capabilities. Tekscan's commitment to quality is underscored by its ISO 13485:2016 and ISO 9001:2008 certifications, ensuring that their products meet stringent industry standards.
Following the acquisition by Artemis Capital Partners in September 2020, Tekscan, Inc. is focusing on developing new products to support its growth. The company is exploring expansion into new geographic markets to enhance its reach. Recent funding will be utilized to support these initiatives, positioning Tekscan for its next chapter of growth.
Current Investors
Artemis
Primary Industry
Industrial Machinery
Sub Industries
Medical Equipment Distributors, Industrial Machinery, Electronic Components, Analytics & Performance Software
Website
www.tekscan.com
Verticals
Big Data, Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Tekscan, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Tekscan, Inc. | - |
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