Grakon

Seattle, United States Founded: 1978 • Age: 48 yrs Acquired By Methode
Advanced lighting and trim components are provided to vehicle manufacturers.

About Grakon

Grakon is a Transportation, Automotive & Logistics company based in Seattle (United States) founded in 1978, and was acquired by Methode in August 2018. Advanced lighting and trim components are provided to vehicle manufacturers. The company has 85 employees. Grakon has completed 2 acquisitions, including BMAC Industries and Hamsar. Its chief executive, as recorded, is Dave Paborsky. Grakon offers products and services including Interior Lighting, Exterior Lighting, and Engineered Trim Components. Its focus areas include Auto, Auto Components, Electrical and Electronic System and Lighting System. Its legal entity is GRAKON LLC. Its competitors include Gentex and AMETEK.

Company details

Grakon was founded in 1978 and is headquartered in Seattle, United States. Operations focus on the automotive sector, where advanced lighting systems and engineered trim components are supplied to OEM vehicle manufacturers. Services encompass interior and exterior integration, electrical system architecture, functional performance testing, and human interface design. Lighting technologies supported include LED, fiber-optic, incandescent, halogen, and xenon systems.

  • Headquarters Seattle, United States
  • Employees 85
  • Stage Acquired
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website grakon.com
  • Social LinkedIn
  • Acquired by Methode (Aug 2018)
  • Legal Name Grakon Llc
Key Metrics

Products & Services of Grakon

Grakon offers a comprehensive portfolio of products and services, including Interior Lighting, Exterior Lighting, and Engineered Trim Components.

Interior Lighting
Lighting Solutions

Custom lights for vehicle interiors to improve comfort

Exterior Lighting
Lighting Solutions

Custom lights for vehicle exteriors to enhance safety

Engineered Trim Components
Vehicle Components

Specialized parts for vehicle aesthetics and functionality

Funding Insights of Grakon

  • Total Rounds 1
  • Investors Count 1

All 1 funding rounds of Grakon with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2007Private Equity Round––
Valuation history

3 investors in total: 3 institutional.

Investors in Grakon

Grakon has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Methode, Greenbriar Equity Group and Industrial Growth Partners.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Greenbriar Equity Group is focused on investing in growth-oriented companies.
1999greenbriarequity.comGreenwich, United States
Industrial sector investments are managed by this private equity firm.
1997igpequity.comSan Francisco, United States
Provider or multiple sensors, user interfaces, and power devices
1946methode.comCamarillo, United States
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Investor details for Grakon

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People of Grakon

4 people are tracked at Grakon (2 in leadership, 2 in team); the tracked headcount is 85.

NameRoleGroup
Dave Paborsky
CEO & PresidentLeadership
Floris Spoel
Managing Director, European OperationsLeadership
Zhenyu Qiu
Injection Molding Process ManagerTeam
Clark Lee
Global Sourcing ManagerTeam
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Complete people profiles for Grakon

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Investments & Acquisitions by Grakon

Grakon has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include BMAC Industries and Hamsar.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Lighting systems are manufactured and supplied to OEMs for automotives.
bmac.ltd.ukLondon, United Kingdom1927Oct 2016β€’β€’β€’β€’
Electrical and electronic components are manufactured and supplied to OEMs.
hamsar.comBurlington, Canada1983May 2016β€’β€’β€’β€’
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Complete acquisition details for Grakon

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  • Exports

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Timeline of Grakon

6 dated milestones of Grakon across 40 years, from founding to its latest funding, stage changes and deals.

  1. Founded Grakon is founded.
  2. Funding First funding round.
  3. Exit Acquired by IGP.
  4. Acquisition Acquires Hamsar.
  5. Acquisition Acquires BMAC Industries.
  6. Exit Acquired by Methode.

Competitors of Grakon

Grakon has 2 listed competitors in our database. They include Gentex and AMETEK.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
gentex.com1974Zeeland, United States6,245
Gentex Corporation is engaged in developing automotive and safety technologies.
ametek.com1930Berwyn, United States21,500
Manufacturer of multiple electronic and electrical components for automobile and aerospace industry
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Detailed competitors of Grakon

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  • Operating metrics
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Verified entity values are shown only after access is granted.

Web traffic of Grakon

Websites that share an audience with Grakon (grakon.com).

Similar websites

Websites whose visitors overlap most with Grakon. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
sepconnect.com
sepconnect.com
100%
–
garwoodlabs.com
garwoodlabs.com
95%
–
igpequity.com
63%
#3,197,650View details

Top companies in Automotive Manufacturing & Components

3 companies that operate in the same segment as Grakon (Automotive Manufacturing & Components) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of infotainment and audio solutions for multiple sectors
1980Stamford, Connecticut, United States
Manufacturer of gas-powered construction equipment
1919United StatesUSD 1.27 B53,976
Motor vehicles and parts are manufactured, imported, distributed, and sold.
1994Irvine, California, United StatesUSD 234 M31
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Related news about Grakon

Methode to acquire Grakon
Seekingalpha β€’ 8 years ago
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Complete news archive for Grakon

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Frequently Asked Questions about Grakon

Grakon was founded in 1978 and raised its 1st funding round 29 years after it was founded.

Grakon is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.

Dave Paborsky is the CEO of Grakon, as recorded in our data.

Grakon has 85 employees.

Grakon was founded in 1978 and is headquartered in Seattle, United States. Operations focus on the automotive sector, where advanced lighting systems and engineered trim components are supplied to OEM vehicle manufacturers. Services encompass interior and exterior integration, electrical system architecture, functional performance testing, and human interface design. Lighting technologies supported include LED, fiber-optic, incandescent, halogen, and xenon systems.

Grakon's top competitors include AMETEK and Gentex.

Grakon offers Interior Lighting, Exterior Lighting, and Engineered Trim Components.

Grakon has made 2 acquisitions, including BMAC Industries, and Hamsar.

Grakon has 3 investors. Key investors include Methode, Greenbriar Equity Group, and Industrial Growth Partners.

Grakon operates through Grakon Llc.

Yes. Grakon was acquired by Methode in August 2018.

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