About Industrial Magnetics
Industrial Magnetics is a company based in United States founded in 1961 was acquired by DNS Capital in February 2016.. The company has 209 employees as of December 31, 2021. Industrial Magnetics has completed 4 acquisitions, including Clamp Manufacturing, Javelin Manufacturing and Prater Industries.
- Headquarter United States
- Employees 209 as on 31 Dec, 2021
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
-
Investors
River Associates
& 1 more
-
Employee Count
209
as on Dec 31, 2021
-
Investments & Acquisitions
Clamp Manufacturing
& 3 more
- Acquired by
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Industrial Magnetics
| 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 Industrial Magnetics
Industrial Magnetics has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include River Associates and DNS Capital. 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 |
|---|---|---|---|---|
|
River Associates is focused on lower middle-market private equity investments.
|
Founded Year | Domain | Location | |
|
US private equity investments are managed by DNS Capital.
|
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 Industrial Magnetics
Industrial Magnetics has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Clamp Manufacturing, Javelin Manufacturing and Prater Industries. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Provider of magnetic solutions for industrial applications
|
2010 | ||||
|
Industrial magnets are manufactured and supplied for various applications.
|
1997 | ||||
|
Magnetic solutions for industrial applications are provided by the company.
|
1972 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Industrial Magnetics
| 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 |
Industrial Magnetics Comparisons
Competitors of Industrial Magnetics
| 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.
|
Frequently Asked Questions about Industrial Magnetics
When was Industrial Magnetics founded?
Industrial Magnetics was founded in 1961.
Where is Industrial Magnetics located?
Industrial Magnetics is headquartered in United States.
Who is the current CEO of Industrial Magnetics?
Bud Shear is the current CEO of Industrial Magnetics.
How many employees does Industrial Magnetics have?
As of Dec 31, 2021, the latest employee count at Industrial Magnetics is 209.
What does Industrial Magnetics do?
Industrial Magnetics was founded in 1961 and is headquartered in the United States. Operations focus on the design, production, and distribution of magnetic assemblies, lifting devices, and separation equipment for industrial applications. Services include custom magnet solutions for automation, material handling, and recycling industries. The company serves clients across North America through its magnetics.com domain, with Bud Shear serving as CEO.
How many acquisitions has Industrial Magnetics made?
Industrial Magnetics has made 4 acquisitions, including Clamp Manufacturing, Javelin Manufacturing, and Prater Industries.
Who are Industrial Magnetics's investors?
Industrial Magnetics has 2 investors. Key investors include River Associates, and DNS Capital.