Veris Manufacturing
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Veris Manufacturing - overview
Established
1987
Location
Brea, CA, US
Primary Industry
Electronics
About
Veris Manufacturing provides high-quality manufacturing solutions, specializing in advanced manufacturing systems and precision-engineered components for industries such as automotive, aerospace, and electronics. Veris Manufacturing, founded in 1987 and headquartered in Brea, California, produces manufacturing solutions for various sectors. In October 2020, the company was acquired by Emerald EMS, a portfolio company of New Water Capital. The founder's history is not detailed, and no subsidiaries or parent companies have been mentioned.
Veris Manufacturing specializes in high-quality manufacturing solutions tailored for diverse industries. Its core offerings include advanced manufacturing systems and precision-engineered components designed to enhance operational efficiency and improve production quality. The company serves clients ranging from small businesses to large enterprises, primarily in North America and Europe, addressing specific manufacturing challenges with innovative solutions. Veris Manufacturing generates revenue through direct sales and strategic partnerships mainly within the business-to-business (B2B) framework.
The company supplies specialized equipment directly to manufacturers and industrial clients, with pricing based on product complexity and purchase volume. Key products noted for their advanced technology drive revenue, supported by ongoing maintenance and customer support services, ensuring sustained client relationships and satisfaction. Veris Manufacturing aims to expand its product line and is focused on launching new advanced manufacturing systems to meet evolving industry needs. The company plans to explore expansion into additional markets, particularly in Asia and South America, by 2023.
The recent acquisition by Emerald EMS will likely facilitate resource allocation towards these initiatives and enhance its strategic capabilities.
Current Investors
Emerald EMS
Primary Industry
Electronics
Sub Industries
Electronic Components, Integrated Circuits
Website
www.verismfg.com
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Veris Manufacturing - 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 | Veris Manufacturing | - |
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