About Conelec
Conelec is a Technology company based in Deland (United States) founded in 1983, and was acquired by Main Street Capital Holdings in January 2011. Electronic manufacturing services are provided to OEMs in industrial sectors. Its focus areas include Semiconductors and Electronic Manufacturing Services.
Company details
Conelec was founded in 1983 and is based in Deland, United States. Manufacturing services are offered to original equipment manufacturers in industrial and military communications sectors. Printed circuit board assembly, electronic systems integration, and after-market support are included among the core operations to support customer production processes.
- Headquarters Deland, United States
- Stage Acquired
- SectorsTechnology
- Website conelec.net
- Social LinkedIn
- Acquired by Main Street Capital Holdings (Jan 2011)
- Latest Funding Round$2M (USD), Unspecified
Feb 2017
- Investors
- Acquired byMain Street Capital Holdings
(Jan 2011)
Funding Insights of Conelec
- Total Rounds 2
- Last Round Unspecified — $2M
- First Round $1.3M
(Dec 2013)
All 2 funding rounds of Conelec 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 |
|---|---|---|---|---|---|
| Feb 2017 | $2M | Unspecified | – | – | – |
| Dec 2013 | $1.3M | Unspecified | – | – | – |
1 investors in total: 1 institutional.
Investors in Conelec
Conelec has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Main Street Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Equity investments are provided to lower middle-market companies. | 1994 | mainstcap.com |
Investor details for Conelec
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 Conelec
1 people are tracked at Conelec (1 in leadership).
| Name | Role | Group |
|---|---|---|
Ty Eggemeyer | Chairman and CEO | Leadership |
Complete people profiles for Conelec
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.
Timeline of Conelec
4 dated milestones of Conelec across 34 years, from founding to its latest funding, stage changes and deals.
- Founded Conelec is founded.
- Exit Acquired by Main Street Capital Holdings.
- Funding First funding round of $1.3M.
- Funding Latest funding round, Unspecified, of $2.0M.
Top companies in Electronic Manufacturing & Components
3 companies that operate in the same segment as Conelec (Electronic Manufacturing & Components) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
3M is recognized as a global leader in industrial innovation. | 1902 | United States | USD 24.95 B | 74 | ||
Communication equipment manufacturer | 1938 | Lisle, Illinois, United States | ||||
Electronic components and embedded technologies are distributed globally. | 1921 | Phoenix, Arizona, United States | USD 27.63 B | 14,870 |
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Frequently Asked Questions about Conelec
Conelec was founded in 1983 and raised its 1st funding round 30 years after it was founded.
Conelec is headquartered in Deland, United States. It is registered at Deland, Florida, United States.
Conelec was founded in 1983 and is based in Deland, United States. Manufacturing services are offered to original equipment manufacturers in industrial and military communications sectors. Printed circuit board assembly, electronic systems integration, and after-market support are included among the core operations to support customer production processes.
Conelec has 1 investor. Key investors include Main Street Capital.
Yes. Conelec was acquired by Main Street Capital Holdings in January 2011.