Griplock Systems

Carpinteria, United States Founded: 1992 • Age: 34 yrs Acquired By Salt Creek Capital
Cable suspension systems are provided for lighting and architectural uses.

About Griplock Systems

Griplock Systems is a company based in Carpinteria (United States) founded in 1992, and was acquired by Salt Creek Capital in July 2016. Cable suspension systems are provided for lighting and architectural uses. Its chief executive, as recorded, is Todd Hemingway. Its website griplocksystems.com draws about 13 thousand monthly visits.

Company details

Griplock Systems was founded in 1992 and is based in Carpinteria, United States. Operations focus on the design, development, and manufacture of cable suspension solutions within the architectural and lighting sector. A proprietary self-locking hardware device, known as the Griplock Gripper, is utilized to enable precise height adjustments and reduce installation times. Applications encompass pendant light fixtures, signage, shelving, gallery art displays, theatrical rigging, and suspended ceilings.

  • Headquarters Carpinteria, United States
  • Stage Acquired
  • Email
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  • Phone
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  • Website griplocksystems.com
  • Social LinkedIn Facebook
  • Acquired by Salt Creek Capital (Jul 2016)
Key Metrics

Funding Insights of Griplock Systems

  • Total Rounds 3
  • Last Round Debt – Conventional β€” $10.35M
  • Investors Count 2

All 3 funding rounds of Griplock Systems with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2018$10.35MDebt – Conventional––
Jul 2016Debt – Conventional––
Jul 2016Series A––
Valuation history

4 investors in total: 4 institutional.

Investors in Griplock Systems

Griplock Systems has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include GLC Investment Advisors, Spell Capital Mezzanine and KCA Partners.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Investment services are provided focusing on middle market opportunities.
glcllc.comSan Francisco, USA
Private equity investments are provided by KCA Partners.
1993kcapartners.comSan Francisco, United States
Private equity firm investing in lower-middle market companies.
saltcreekcap.com
spellcapitalmezz.com
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Investor details for Griplock Systems

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  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of Griplock Systems

1 people are tracked at Griplock Systems (1 in leadership).

NameRoleGroup
Todd Hemingway
CEO & PresidentLeadership
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Complete people profiles for Griplock Systems

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  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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Timeline of Griplock Systems

5 dated milestones of Griplock Systems across 26 years, from founding to its latest funding, stage changes and deals.

  1. Founded Griplock Systems is founded.
  2. Exit Acquired by KCA Partners.
  3. Funding First funding round.
  4. Exit Acquired by Salt Creek Capital.
  5. Funding Latest funding round, Debt – Conventional, of $10.3M.

Web traffic of Griplock Systems

The website of Griplock Systems (griplocksystems.com) receives about 13K visits a month.

  • Monthly visits
    13K

    ▲ 55.2% vs previous month

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β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 18 similar websites and full traffic analytics for Griplock Systems

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  • 18 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

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Frequently Asked Questions about Griplock Systems

Griplock Systems was founded in 1992 and raised its 1st funding round 24 years after it was founded.

Griplock Systems is headquartered in Carpinteria, United States. It is registered at Carpinteria, California, United States.

Todd Hemingway is the CEO of Griplock Systems, as recorded in our data.

Griplock Systems was founded in 1992 and is based in Carpinteria, United States. Operations focus on the design, development, and manufacture of cable suspension solutions within the architectural and lighting sector. A proprietary self-locking hardware device, known as the Griplock Gripper, is utilized to enable precise height adjustments and reduce installation times. Applications encompass pendant light fixtures, signage, shelving, gallery art displays, theatrical rigging, and suspended ceilings.

Griplock Systems has 4 investors. Key investors include GLC Investment Advisors, Spell Capital Mezzanine, KCA Partners, and Salt Creek Capital.

Yes. Griplock Systems was acquired by Salt Creek Capital in July 2016.

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