About Nortek
Nortek is a company based in Providence (United States) founded in 1967, and was acquired by Melrose in July 2016. It develops air quality, HVAC, security and ergonomics solutions for homes and buildings. Nortek has completed 7 acquisitions, including 2GIG, Anthropologie and ELAN Home Systems. Its chief executive, as recorded, is Finn Ivar Marum.
Company details
Nortek was founded in 1967 and is headquartered in Providence, United States. Operations focus on the development and provision of solutions in air quality management, heating, ventilation, and air conditioning (HVAC) systems, security technologies, and ergonomic products. These offerings serve both residential homes and commercial buildings, addressing environmental control and safety needs across various sectors.
- Headquarters Providence, United States
- Stage Acquired
- Website nortek.com
- Social LinkedIn
- Acquired by Melrose (Jul 2016)
Investors in Nortek
Nortek has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Melrose, Thomas H Lee Partners and Kelso & Company.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are directed toward traditional industries. | 1974 | thl.com | Boston, United States | |
Private equity investments are directed toward multiple sectors. | kelso.com | New York, United States | ||
Electricity-generating equipment is manufactured for power and industrial sectors. | 2003 | melroseplc.net | London, United Kingdom |
Investor details for Nortek
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People of Nortek
40 people are tracked at Nortek (7 in leadership, 33 in team).
| Name | Role | Group |
|---|---|---|
Finn Ivar Marum | CEO | Leadership |
Brad Green | Group Vice President & CIO | Leadership |
Almon Hall | Senior Vice President And Chief Financial Officer | Leadership |
Ing Michel Pinet | Operations Director | Leadership |
Elena Buckley | Director, Financial Planning & Analysis | Leadership |
Edward J. Cooney | Senior Vice President And Treasurer | Leadership |
Chad Harrison | Director Of Product Development Engineering | Leadership |
Chad Schmandt | Senior Mechanical Engineer | Team |
Naghmeh Sharifian | Mechanical Assembler | Team |
Al Jafery | Sr Program Manager | Team |
Andy D'Amato | Import / Export Compliance Manager | Team |
Jack Dupuis | Senior Financial Analyst | Team |
Jose Edelmiro Silva Carrizales | Plant Controller | Team |
Erin Z. | Strategic Sourcing Manager | Team |
Pascal Diamond | Application Vente | Team |
Anwar A. | Foreign And Local Purchasing Specialist | Team |
Susan Siegel | Category Manager | Team |
Camille Roy-Boutet | Conseillère En Ressources Humaines | Team |
Juvencio Lumbreras Charles | Especialista En Relaciones Laborales | Team |
Thomas Claveau | Partenaire D'affaires - Ressources Humaines | Team |
20 more people are available in the full profile.
Complete people profiles for Nortek
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Investments & Acquisitions by Nortek
Nortek has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include 2GIG, Anthropologie and ELAN Home Systems.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Virtual sales assistant using natural language processing is provided. | nuiku.com | Redmond, United States | 2012 | May 2016 | •••• | |
Internet first brand of carts designed for laptops, computers, and tablets | anthro.com | Tualatin, United States | 1984 | Jan 2015 | •••• | |
Residential security and home automation systems are offered by 2GIG. | 2gig.com | Lehi, United States | 2005 | Feb 2013 | $135M | |
Brand of computer accessories | ergotron.com | Saint Paul, United States | 1982 | Dec 2010 | $280M | |
Movie and music-focused entertainment servers are manufactured and developed. | imerge.co.uk | Stretham, United Kingdom | 1997 | Aug 2005 | •••• | |
Cloud-based power and energy monitoring solutions are provided by Panamax. | panamax.com | Petaluma, United States | 1975 | May 2005 | •••• | |
Manufacturer of diversified home automation devices | elanhomesystems.com | Carlsbad, United States | 1989 | Jun 2002 | •••• |
Complete acquisition details for Nortek
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Timeline of Nortek
11 dated milestones of Nortek across 49 years, from founding to its latest funding, stage changes and deals.
- Founded Nortek is founded.
- Acquisition Acquires ELAN Home Systems.
- Exit Acquired by Kelso & Company.
- Exit Acquired by Thomas H Lee Partners.
- Acquisition Acquires Panamax.
- Acquisition Acquires Imerge.
- Acquisition Acquires Ergotron.
- Acquisition Acquires 2GIG.
- Acquisition Acquires Anthropologie.
- Acquisition Acquires Nuiku.
- Exit Acquired by Melrose.
Web traffic of Nortek
The website of Nortek (nortek.com) receives about 3.4K visits a month.
- Monthly visits3.4K
▲ 10.1% vs previous month
Websites whose visitors overlap most with Nortek. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| nortekair.com | 100% | 17.6K | #1,211,570 | View details | |
nortek-as.com | nortek-as.com | 31% | – | ||
en.wikipedia.org | en.wikipedia.org | 30% | – | ||
| nortekinc.com | 30% | View details | |||
nortekonline.com | nortekonline.com | 29% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
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Frequently Asked Questions about Nortek
Nortek was founded in 1967.
Nortek is headquartered in Providence, United States. It is registered at Providence, Rhode Island, United States.
Finn Ivar Marum is the CEO of Nortek, as recorded in our data.
Nortek was founded in 1967 and is headquartered in Providence, United States. Operations focus on the development and provision of solutions in air quality management, heating, ventilation, and air conditioning (HVAC) systems, security technologies, and ergonomic products. These offerings serve both residential homes and commercial buildings, addressing environmental control and safety needs across various sectors.
Nortek has made 7 acquisitions, including 2GIG, Anthropologie, and ELAN Home Systems.
Nortek has 3 investors. Key investors include Melrose, Thomas H Lee Partners, and Kelso & Company.
Yes. Nortek was acquired by Melrose in July 2016.