CONVERGIX Automation Systems

Troy, United States Founded: 2009 • Age: 17 yrs Acquired By Crestview Partners
Engineered solutions for manufacturing automation products are provided.
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About CONVERGIX Automation Systems

CONVERGIX Automation Systems is a company based in Troy (United States) founded in 2009 was acquired by Crestview Partners in February 2022. It operates as a Managed Services, and Professional Services. The company has 104 employees as of April 05, 2024. CONVERGIX Automation Systems offers products and services including Automation Solutions, Engineering Services, and Integrated Technologies.

  • Headquarter Troy, United States
  • Employees 104 as on 05 Apr, 2024
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
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  • Legal Name Convergix Automation Systems
  • Date of Incorporation 09 Sep, 2009
  • Jurisdiction Hyderabad, Telangana, India
Operational Areas
Industrial Goods & Manufacturing → Contract & Custom Manufacturing
Key Metrics
  • Annual Revenue
    $2.45 M (USD)
    74.29
    as on Mar 31, 2023
  • Net Profit
    $186.92 K (USD)
    61.35
    as on Mar 31, 2023
  • EBITDA
    $301.57 K (USD)
    85.47
    as on Mar 31, 2023
  • Latest Funding Round
  • Investors
  • Employee Count
    104

    as on Apr 05, 2024

  • Acquired by
    Crestview Partners

    (Feb 01, 2022)

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Products & Services of CONVERGIX Automation Systems

CONVERGIX Automation Systems offers a comprehensive portfolio of products and services, including Automation Solutions, Engineering Services, and Integrated Technologies. 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.

Primary

Automation solutions are provided for various industrial applications.

Engineering services are offered for next-generation manufacturing solutions.

Integrated technologies are developed for seamless workflow automation.

People of CONVERGIX Automation Systems
Headcount 10-50
Employee Profiles 32
Board Members and Advisors 6
Employee Profiles
People
Sydney Bub
Vice President
People
Lindsay Rosenstein
Principal & Head, Responsible Investing
People
Bradford Williams
Partner, Co-Head of Industrials & Chairman, Responsible Investing Committee
People
Evelyn Pellicone
Partner & CFO

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Board Members and Advisors
people
Jeff Marcus
Vice Chairman
people
Hugues Lepic
Advisor
people
Bob Hurst
Vice Chairman
people
Rich DeMartini
Vice Chairman

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Funding Insights of CONVERGIX Automation Systems

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 CONVERGIX Automation Systems

CONVERGIX Automation Systems has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Crestview 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
Investor Description Founded Year Domain Location
Investment firm focusing on partnerships, business strategy, and value addition through experience.
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 CONVERGIX Automation Systems

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

Financial Statements - CONVERGIX Automation Systems

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

Convergix Automation Systems Comparisons

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Competitors of CONVERGIX Automation Systems

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 Convergix Automation Systems

Frequently Asked Questions about CONVERGIX Automation Systems

When was CONVERGIX Automation Systems founded?

CONVERGIX Automation Systems was founded in 2009.

Where is CONVERGIX Automation Systems located?

CONVERGIX Automation Systems is headquartered in Troy, United States.

How many employees does CONVERGIX Automation Systems have?

As of Apr 05, 2024, the latest employee count at CONVERGIX Automation Systems is 104.

What is the annual revenue of CONVERGIX Automation Systems?

Annual revenue of CONVERGIX Automation Systems is $2.45M as on Mar 31, 2023.

What does CONVERGIX Automation Systems do?

CONVERGIX Automation Systems is engaged in delivering advanced automation solutions across multiple industries, including industrial, life sciences, and consumer sectors. Services are offered in areas such as assembly, material handling, packaging, and palletizing. Engineering services are provided to enhance infrastructure and enable data-driven decisions. Integrated technologies, including robotics and vision systems, are developed to streamline workflows. The company focuses on solving complex automation challenges by unifying diverse perspectives and expertise into tailored solutions for clients globally.

What products or services does CONVERGIX Automation Systems offer?

CONVERGIX Automation Systems offers Automation Solutions, Engineering Services, and Integrated Technologies.

Who are CONVERGIX Automation Systems's investors?

CONVERGIX Automation Systems has 1 investor. Key investors include Crestview Partners.

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