About Honey Electric
Honey Electric is a company based in Chatham-kent (Canada) founded in 1976 was acquired by Satcompanies in September 2024.. Honey Electric offers products and services including Fire Alarms, Commercial Electrical, Industrial Electrical, Agricultural Electrical, and Institutional Electrical. Honey Electric operates in a competitive market with competitors including Thermon, MKD Electric, RULKA ELECTRICALS, Hager Group and Profarma, among others.
- Headquarter Chatham-kent, Canada
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Sectors
Business Services
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Phone
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Website
*********
- Legal Name Honey Electric Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Satcompanies
(Sep 09, 2024)
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Products & Services of Honey Electric
Honey Electric offers a comprehensive portfolio of products and services, including Fire Alarms, Commercial Electrical, Industrial Electrical, Agricultural Electrical, and Institutional Electrical. 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.
Installation and maintenance of fire alarm systems
Electrical work for commercial buildings and projects
Solutions for industrial facilities and operations
Electrical systems for farming and agricultural sites
Electrical services for institutional buildings
Electrical installations for homes and residences
Funding Insights of Honey Electric
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Honey Electric
Honey Electric has secured backing from 1 investor. Prominent investors backing the company include Satcompanies. 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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Electrical contracting for industrial, commercial, agricultural, and utility sector projects.
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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 Honey 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 - Honey 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 |
Honey Electric Comparisons
Competitors of Honey Electric
Honey Electric operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Thermon, MKD Electric, RULKA ELECTRICALS, Hager Group and Profarma, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Engineered thermal solutions are provided for industrial heat tracing applications.
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Industrial electrical contracting and maintenance services are provided.
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| domain | founded_year | HQ Location |
Commercial electrical services are provided for industrial clients.
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| domain | founded_year | HQ Location |
Offers electrical installation solutions for energy distribution, cable management, and building automation globally.
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| domain | founded_year | HQ Location |
Healthcare distribution and retail services are provided.
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| domain | founded_year | HQ Location |
Electrical services are provided for building projects and maintenance.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Honey Electric
Frequently Asked Questions about Honey Electric
When was Honey Electric founded?
Honey Electric was founded in 1976.
Where is Honey Electric located?
Honey Electric is headquartered in Chatham-kent, Canada. It is registered at Chatham-kent, Ontario, Canada.
What does Honey Electric do?
Honey Electric was founded in 1976 as an electrical contracting firm. Services are delivered in the commercial, industrial, and residential sectors, encompassing generator installations, service upgrades, and power quality analyses. Operations are centered in Chatham-Kent and adjacent regions, with emphasis placed on standard electrical solutions for various client requirements. Expertise is applied to ensure compliance and functionality in all projects undertaken.
Who are the top competitors of Honey Electric?
Honey Electric's top competitors include Thermon, MKD Electric and RULKA ELECTRICALS.
What products or services does Honey Electric offer?
Honey Electric offers Fire Alarms, Commercial Electrical, Industrial Electrical, Agricultural Electrical, and 2 more products and services.
Who are Honey Electric's investors?
Honey Electric has 1 investor. Key investors include Satcompanies.