Controllix Corporation
Classification
Private
About
About
Controllix Corporation is an electrical equipment manufacturing company. The company specializes in the design and production of power quality systems, specifically focusing on power factor correction and harmonic filtering solutions for utility, industrial, and commercial power systems. Controllix has established a history of providing metal-enclosed equipment intended to enhance the efficiency and reliability of electrical infrastructure. Its management team includes President John Kelly and Controller Cynthia Burry. Business/Product Breakdown Controllix Corporation manufactures a range of low and medium voltage power factor correction equipment, including fixed and automatic capacitor banks, harmonic filters, and surge protection devices. The company's product line features metal-enclosed capacitor banks designed to handle up to 46,000 volts and harmonic filters managing up to 34,500 volts, both of which are engineered to reduce energy costs and mitigate system losses. Specialized offerings include pad-mounted, pole-mounted, and transportable mobile capacitor systems for temporary service or emergency backup. In addition to equipment manufacturing, Controllix provides comprehensive field services such as technical installation, equipment startup, preventative maintenance, and infrared inspections. The company also operates as an original equipment manufacturer (OEM) for several global electrical equipment brands and maintains an in-house sheet metal facility for the fabrication of custom, weatherproof enclosures.
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
Keywords
Keywords
Classified
Private