About Connecticut Electric
Connecticut Electric is a company based in Anderson (United States) founded in 1999 was acquired by Onward Capital in March 2018. It operates as a Reseller / Distribution. Connecticut Electric offers products and services including Replacement Breakers, Packaged Circuit Breakers, Manual Generator Transfer Switch Kit, and Power Outlets.
- Headquarter Anderson, United States
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Connecticut Electric, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Tecum Capital
& 3 more
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Employee Count
Employee Count
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Acquired by
Onward Capital
(Mar 08, 2018)
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Products & Services of Connecticut Electric
Connecticut Electric offers a comprehensive portfolio of products and services, including Replacement Breakers, Packaged Circuit Breakers, Manual Generator Transfer Switch Kit, and Power Outlets. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Replacement breakers for various electrical systems are provided.
Packaged circuit breakers for POS systems are offered.
Transfer switch kits for generators are made available.
Power outlets for temporary power needs are supplied.
Funding Insights of Connecticut Electric
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2018 | Amount | Debt – Conventional - Connecticut Electric | Valuation |
investors |
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| Dec, 2007 | Amount | Private Equity Round - Connecticut Electric | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Connecticut Electric
Connecticut Electric has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Tecum Capital, Midwest Mezzanine Funds and Thompson 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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US private equity investments are managed by Tecum Capital.
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Founded Year | Domain | Location | |
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PE firm invests in the US
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Founded Year | Domain | Location | |
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A private equity firm focused on middle-market business investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Connecticut Electric
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Connecticut Electric
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Connecticut Electric Comparisons
Competitors of Connecticut Electric
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Connecticut Electric
When was Connecticut Electric founded?
Connecticut Electric was founded in 1999 and raised its 1st funding round 8 years after it was founded.
Where is Connecticut Electric located?
Connecticut Electric is headquartered in Anderson, United States.
What does Connecticut Electric do?
Connecticut Electric is involved in the manufacturing and distribution of electrical components, including replacement breakers and circuit breakers for residential and commercial use. The company offers a range of products such as manual generator transfer switch kits, power outlets, and temporary power solutions. Operations are focused on serving the electrical industry with compatible products for various breaker brands like Federal Pacific, Siemens, and Zinsco. Additionally, accessories for load centers and mini-breakers are provided to meet diverse customer needs in the sector.
What products or services does Connecticut Electric offer?
Connecticut Electric offers Replacement Breakers, Packaged Circuit Breakers, Manual Generator Transfer Switch Kit, and Power Outlets.
Who are Connecticut Electric's investors?
Connecticut Electric has 4 investors. Key investors include Tecum Capital, Midwest Mezzanine Funds, Thompson Street Capital Partners, and Onward Capital.