Aavid Thermacore

Lancaster, United States Founded: 1970 • Age: 56 yrs Acquired By Aavid Thermalloy
Developer, designer, tester, optimizer, and fabricator of cooling solutions across all industries
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About Aavid Thermacore

Aavid Thermacore is a company based in Lancaster (United States) founded in 1970 was acquired by Aavid Thermalloy in October 2016.. Aavid Thermacore has completed 1 acquisition, including K Technology.

  • Headquarter Lancaster, United States
  • Sectors
    Industrial Goods & Manufacturing
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Industrial Goods & Manufacturing → Contract & Custom Manufacturing
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $646.9 K (USD), Grant

    Sep 01, 2016

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Aavid Thermalloy

    (Oct 18, 2016)

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Funding Insights of Aavid Thermacore

  • Total Funding
  • Total Rounds 4
  • Last Round Grant — $646,903
  • First Round

    (09 Jul 2008)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2016 Amount Grant - Aavid Thermacore Valuation

investors

Dec, 2014 Amount Series B - Aavid Thermacore Valuation

investors

Jul, 2008 Amount Debt – Venture - Aavid Thermacore Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Aavid Thermacore

Aavid Thermacore has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, Aavid Thermalloy and Pine Street Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Pine Street Capital Partners is engaged in mezzanine debt and equity investments.
Founded Year Domain Location
Investment services providing debt and equity for lower middle market companies in the US.
Founded Year Domain Location
Investment firm focusing on lower-middle market growth, healthcare, and various strategies.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Aavid Thermacore

Aavid Thermacore has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include K Technology. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Thermal management systems are supplied for engineering applications. (7 words)
1999
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Aavid Thermacore

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Aavid Thermacore Comparisons

Employees
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Competitors of Aavid Thermacore

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Aavid Thermacore

Frequently Asked Questions about Aavid Thermacore

When was Aavid Thermacore founded?

Aavid Thermacore was founded in 1970 and raised its 1st funding round 38 years after it was founded.

Where is Aavid Thermacore located?

Aavid Thermacore is headquartered in Lancaster, United States. It is registered at Lancaster, Pennsylvania, United States.

What does Aavid Thermacore do?

Aavid Thermacore was founded in 1970 and is headquartered in Lancaster, United States. Thermal management solutions are provided across multiple industries through development, design, testing, optimization, and fabrication processes. Operations focus on engineering and manufacturing cooling technologies tailored to diverse applications. Services encompass full-cycle support from concept to production, serving global clients in sectors such as electronics, aerospace, and telecommunications.

How many acquisitions has Aavid Thermacore made?

Aavid Thermacore has made 1 acquisition, including K Technology.

Who are Aavid Thermacore's investors?

Aavid Thermacore has 6 investors. Key investors include European Union, Aavid Thermalloy, Pine Street Capital Partners, Bay Capital Investment Partners, and NewSpring Capital.

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