About Altec
Altec is an Industrial Goods & Manufacturing company based in Birmingham (United States) founded in 1929. Altec is recognized as a provider of utility equipment and services. It operates on a Direct-to-Consumer (D2C) and Reseller / Distribution model. Altec has completed 2 acquisitions, including TEUPEN Maschinenbau and Team Fenex. Its website altec.com draws about 191 thousand monthly visits. Altec offers products and services including Aerial Devices, Digger Derricks, Boom Truck Cranes, and Work Trucks. Its focus areas include Industrial Goods, Machinery and Utility Equipment. Its legal entity is Altec Industries, Inc.
Company details
Altec is established as a leading provider of equipment and services catering to the electric utility, telecommunications, tree care, lights and signs, and contractor markets. Products such as aerial devices, digger derricks, boom truck cranes, and work trucks are offered alongside specialty products and green fleet solutions. Services including training, parts supply, and equipment rental are provided to ensure safety and efficiency. Operations are conducted in over 100 countries, with a focus on delivering industry-leading solutions for various applications.
- Latest Funding Round$570.38K (USD), Grant
Jun 2023
- Investors
- Investments & AcquisitionsTEUPEN Maschinenbau
& 1 more
Products & Services of Altec
Altec offers a comprehensive portfolio of products and services, including Aerial Devices, Digger Derricks, Boom Truck Cranes, and Work Trucks.
Aerial devices are provided for elevated work tasks.
Digger derricks are used for utility pole installation.
Boom truck cranes are utilized for heavy lifting.
Work trucks are designed for utility job support.
Apps and channels of Altec
its YouTube channel Altec Incorporated has 4.6K subscribers and 30 videos.
Videos from Altec
The most watched videos on Altec's YouTube channel, Altec Incorporated (4.6K subscribers). Click a video to play it here.
More on Altec Incorporated.
Funding Insights of Altec
- Total Rounds 19
- Last Round Grant — $570,384
- First Round $1M
(Sep 2006)
- Investors Count 1
Latest 10 of 19 funding rounds of Altec with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2023 | $570,384 | Grant | – | – | |
| Sep 2022 | $651,300 | Grant | – | – | |
| Jul 2022 | $641,779 | Grant | – | – | |
| Jun 2022 | $354,179 | Grant | – | – | |
| Feb 2022 | $256,439 | Grant | – | – | |
| Jun 2021 | $1.59M | Grant | – | – | |
| Sep 2019 | $1.95M | Grant | – | – | |
| Aug 2019 | $295,297 | Grant | – | – | |
| Aug 2018 | $1.49M | Grant | – | – | |
| May 2018 | $1.88M | Grant | – | – |
1 investors in total: 1 institutional.
Investors in Altec
Altec has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include HHS.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Public health and human services are overseen by HHS. | 1953 | hhs.gov |
Investor details for Altec
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Altec
61 people are tracked at Altec (4 in leadership, 57 in team).
| Name | Role | Group |
|---|---|---|
Eddy Brown | International Sales Director | Leadership |
John Bistritz | Regional Vice President Of Sales And Marketing | Leadership |
Paul Crane | Managing Director, Altec Worldwide | Leadership |
Jill Moller | Managing Director, Marketing And Sales Operations | Leadership |
Aaron Daugherty | Account Manager | Team |
Tiffany D Newton | Sales Demo Manager | Team |
Bubba Willis | Video marketing Specialist II | Team |
Charles Willis | Marketing Communication Specialist - Video | Team |
Tasha Evola | Marketing Operations Manager | Team |
Tim Wilcoxson | Senior Account Manager | Team |
Jeannie Harrison | Marketing Communications Specialist | Team |
Jeremy Elliott | Technical Sales Manager | Team |
Winslow Armstead | Marketing | Team |
Stan Ostrowski | Senior Account Manager | Team |
Jeremy Spradlin | Senior Technical Sales Representative | Team |
Josh Mullen | Account Manager | Team |
Morgan Riddle | Senior Account Manager | Team |
Drew McMillan | Specialty Products Account Manager | Team |
Rebecca Cummins | Account Sales Representative | Team |
Sam Barnett | Account Manager, Work Truck Sales | Team |
41 more people are available in the full profile.
Complete people profiles for Altec
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Altec
Altec has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include TEUPEN Maschinenbau and Team Fenex.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Developer and manufacturer of aerial work platforms and rubber track chassis | teupen.com | Gronau, Germany | 1977 | Apr 2024 | •••• | |
Supplier of mobile power equipments | teamfenex.com | Marion, United States | 1993 | Apr 2013 | •••• |
Complete acquisition details for Altec
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Altec
5 dated milestones of Altec across 95 years, from founding to its latest funding, stage changes and deals.
- Founded Altec is founded.
- Funding First funding round of $1.0M.
- Acquisition Acquires Team Fenex.
- Funding Latest funding round, Grant, of $570K.
- Acquisition Acquires TEUPEN Maschinenbau.
Web traffic of Altec
The website of Altec (altec.com) receives about 190.8K visits a month and ranks #164,403 among all websites worldwide, #1,448 in Heavy Industry and Engineering.
- Monthly visits190.8K
▲ 11.9% vs previous month
- Unique visitors44.6K
per month
- Global rank#164,403
among all websites
- Category rank#1,448
Heavy Industry and Engineering · Heavy Industry and Engineering
- Bounce rate31%
- Pages per visit9.1
- Average visit6 min 51 sec
- DevicesDesktop 66% · Mobile 34%
Websites whose visitors overlap most with Altec. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| gehl.com | 100% | 29.2K | #1,084,537 | View details | |
| terex.com | 100% | 211.4K | #192,758 | View details | |
| concentricab.com | 98% | 10K | #2,272,493 | View details | |
| hydraforce.com | 98% | 39.6K | #770,818 | View details | |
| bobcat.com | 97% | 882.2K | #48,787 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 36 similar websites and full traffic analytics for Altec
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 36 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Construction Equipment and Machinery
3 companies that operate in the same segment as Altec (Construction Equipment and Machinery) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Industrial tools and equipment are supplied globally by Kennametal. | 1938 | Latrobe, Pennsylvania, United States | USD 1.97 B | 8,119 | ||
Construction and industrial equipment is rented across North America. | 1983 | Fort Mill, South Carolina, United States | ||||
Tractors and mechanized off-highway equipment are manufactured. | 1837 | Moline, Illinois, United States | USD 45.63 B |
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Frequently Asked Questions about Altec
Altec was founded in 1929 and raised its 1st funding round 77 years after it was founded.
Altec is headquartered in Birmingham, United States. It is registered at Birmingham, Alabama, United States.
Altec is established as a leading provider of equipment and services catering to the electric utility, telecommunications, tree care, lights and signs, and contractor markets. Products such as aerial devices, digger derricks, boom truck cranes, and work trucks are offered alongside specialty products and green fleet solutions. Services including training, parts supply, and equipment rental are provided to ensure safety and efficiency. Operations are conducted in over 100 countries, with a focus on delivering industry-leading solutions for various applications.
Altec offers Aerial Devices, Digger Derricks, Boom Truck Cranes, and Work Trucks.
Altec has made 2 acquisitions, including TEUPEN Maschinenbau, and Team Fenex.
Altec has 1 investor. Key investors include HHS.
Altec operates through Altec Industries, Inc..
The website of Altec receives about 191 thousand visits a month and ranks #164,403 among all websites worldwide.