Veritek Manufacturing Services

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Veritek Manufacturing Services - overview

Established

1979

Location

San Marcos, CA, US

Primary Industry

Defence

About

Veritek Manufacturing Services specializes in providing high-quality manufacturing solutions for various industries. The company emphasizes precision engineering, innovative processes, and customer-focused services to deliver effective manufacturing results. Veritek Manufacturing Services, founded in 1979, operates from San Marcos, US and focuses on delivering manufacturing solutions. The company was acquired by Nu Visions, a portfolio company of Golden Gate Capital, in June 2007.


The founder's history and any prior ventures are not available. Veritek Manufacturing Services offers a range of precision manufacturing services that cater to various sectors, emphasizing quality and efficiency. Their services address the needs of clients in sectors such as aerospace, medical devices, and electronics, ensuring tailored solutions that meet specific project requirements. The revenue model of Veritek Manufacturing Services is focused on its manufacturing contracts, which vary based on the specifics of each project.


The company engages in direct contracts with clients, facilitating secure transactions. The financial specifics of the revenue generated are not disclosed in this document. Veritek Manufacturing Services aims to expand its product offerings and enhance its service capabilities by developing new manufacturing technologies. The company is looking to penetrate additional markets in North America and Europe by 2025.


Recent acquisition activity, such as the deal with Nu Visions in June 2007, has positioned the company to leverage broader operational capabilities, although specific details regarding the utilization of funding from this deal are not disclosed.


Current Investors

OnCore Manufacturing Services LLC

Primary Industry

Defence

Sub Industries

Defence

Website

www.veritekmfg.com

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Veritek Manufacturing Services - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedVeritek Manufacturing Services-

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