WorkRite Ergonomics
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WorkRite Ergonomics - overview
Established
1991
Location
Petaluma, CA, US
Primary Industry
Hardware
About
WorkRite Ergonomics excels in creating ergonomic office solutions, focusing on height-adjustable workstations and accessories that enhance workplace comfort and productivity for diverse clients across various sectors. Founded in 1991, WorkRite Ergonomics is situated in Petaluma, US, specializing in ergonomic solutions. The company has not reported any significant pivots or subsidiaries. In July 2007, it was acquired by Knape & Vogt, a portfolio company of Wind Point Partners.
The CEO is BB CA. Workrite Ergonomics specializes in the design, manufacture, and distribution of ergonomic office solutions, particularly height-adjustable workstations and accessories. Their core offerings include the Ascent4 Sit-Stand Desk, adjustable keyboard platforms, and various monitor support systems, all engineered to enhance workplace comfort and productivity. The company serves a diverse client base, including corporate offices, educational institutions, and healthcare facilities, distributing its products across markets in North America, Europe, and Asia.
Workrite Ergonomics generates revenue through direct sales of its ergonomic products to businesses and institutional clients, employing a B2B transaction model. Their revenue structure includes the Ascent4 Sit-Stand Desk and various keyboard and monitor accessories as flagship offerings. Clients often engage in bulk orders, particularly for corporate office setups. The firm emphasizes online sales channels and distribution partnerships to broaden product accessibility.
Post-acquisition, WorkRite Ergonomics is focused on developing new ergonomic solutions and expanding its product line. Specific new products are in the design stage, although release dates have not been disclosed. The company plans to enhance its presence in international markets, particularly targeting Europe and Asia by 2025. The funding from the acquisition will be utilized to support these growth initiatives and improve operational capabilities.
Current Investors
Knape & Vogt Manufacturing Company
Primary Industry
Hardware
Sub Industries
Computer & Related Peripherals
Website
www.workriteergo.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
WorkRite Ergonomics - 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 | International Source for Ergonomics | - | ||||||||
| Add-on | Completed | WorkRite Ergonomics | - |
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