X-Rite

Grand Rapids, United States Founded: 1958 • Age: 68 yrs Acquired By Danaher
Color management solutions and measurement technologies are provided for industries.
Annual revenue $1.1M Latest available
Total funding $155.0M 1 rounds
Employees 21 Tracked headcount
Investors 4 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About X-Rite

X-Rite is a company based in Grand Rapids (United States) founded in 1958 was acquired by Danaher in April 2012. X-Rite has raised $155 million across 1 funding round from investors including Danaher, One Equity Partners and Sagard Holdings. The company has 21 employees as of April 04, 2024. X-Rite has completed 1 acquisition, including MeasureColor. X-Rite offers products and services including eXact 2 and Color iQC.

  • Headquarter Grand Rapids, United States
  • Employees 21 as on 04 Apr, 2024
  • Sectors
    Chemicals & Materials
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name X-Rite India Private Limited
  • Date of Incorporation 26 Apr, 2011
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Chemicals & Materials → Specialty & Industrial Chemicals Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.07 M (USD)
    13.3
    as on Mar 31, 2023
  • Net Profit
    $87.88 K (USD)
    -41.59
    as on Mar 31, 2023
  • EBITDA
    $173.34 K (USD)
    -28.23
    as on Mar 31, 2023
  • Total Equity Funding
    $155 M (USD)

    in 1 rounds

  • Latest Funding Round
    $155 M (USD), Private Equity Round

    Oct 28, 2008

  • Investors
    Danaher

    & 3 more

  • Employee Count
    21

    as on Apr 04, 2024

  • Investments & Acquisitions
  • Acquired by
    Danaher

    (Apr 10, 2012)

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Products & Services of X-Rite

X-Rite offers a comprehensive portfolio of products and services, including eXact 2 and Color iQC.

Product name locked
Category locked
Primary

Color measurement is performed using this handheld device, which is applied in print and packaging for workflow optimization.

Product name locked
Category locked
Locked

Quality control is facilitated through this software, which is utilized for color formulation and certification in manufacturing processes.

People of X-Rite

Headcount 500-1000
Employee Profiles 68
Employee Profiles
People
Rainer Hoevel
Director Operations Regensdorf
People
Spencer Duits
Global Customer Experience Manager
People
Tim Smith
Sales Manager MEA / UK Inks
People
Mike Slaughter
Regional Sales Manager

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Funding Insights of X-Rite

X-Rite has successfully raised a total of $155M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $155 million completed in October 2008. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in X-Rite

X-Rite has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Danaher, One Equity Partners and Sagard Holdings.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investments are made in North America and Europe.
Locked Locked Locked
PE firm investing in the US and Canada
Locked Locked Locked
Investment in manufacturing, distribution, and industrial technology companies.
Locked Locked Locked
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Investor details for X-Rite

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Investments & Acquisitions by X-Rite

X-Rite has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include MeasureColor.

Investments
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Investment portfolio details for X-Rite

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Color management software is developed for print and packaging professionals.
Locked Locked 2003 Locked
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Complete acquisition details for X-Rite

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Financial Statements - X-Rite

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Detailed financials for X-Rite

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X-Rite Comparisons

X-Rite Primary company
Description
Color management solutions and measurement technologies are ...
Location
Grand Rapids, United States
Founded Year
1958
Annual Revenue
$1.07 M (USD)
Net Profit
$87.88 K (USD)
EBITDA
$173.34 K (USD)
Employees
21
As of 2024
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Peer comparison for X-Rite

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Competitors of X-Rite

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Detailed competitors of X-Rite

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Latest news on X-Rite

Esko and MediaBeacon release new white paper
Labelandnarrowweb8 years ago
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Complete news archive for X-Rite

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Frequently Asked Questions about X-Rite

X-Rite was founded in 1958 and raised its 1st funding round 50 years after it was founded.

X-Rite is headquartered in Grand Rapids, United States. It is registered at Grand Rapids, Michigan, United States.

Gary King is the current CEO of X-Rite.

X-Rite is a funded company, having raised a total of $155M across 1 funding round to date.

As of Apr 04, 2024, the latest employee count at X-Rite is 21.

Annual revenue of X-Rite is $1.07M as on Mar 31, 2023.

X-Rite was founded in 1958 and is headquartered in Grand Rapids, United States. Color management solutions and measurement technologies are supplied to sectors such as print, packaging, automotive, plastics, and textiles. The portfolio encompasses handheld and benchtop spectrophotometers, inline systems, and digital color standards. Services include color formulation, quality control, and appearance assessment, with training offered for effective implementation.

X-Rite offers eXact 2 and Color iQC.

X-Rite has made 1 acquisition, including MeasureColor.

X-Rite has 4 investors. Key investors include Danaher, One Equity Partners, Sagard Holdings, and Tinicum.

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