Virginia Transformer Corp.

Roanoke, Virginia

Classification

Private

About

About

Virginia Transformer Corp. is an electrical equipment manufacturing company founded in 1971 by Jain Bhawan, with its headquarters located in Roanoke, Virginia. The company specializes in the design and production of custom power transformers for a wide range of applications across North America. Since its inception, the firm has expanded its manufacturing footprint through the acquisition of facilities such as the high-voltage plant in Pocatello, Idaho, and the establishment of operations in Chihuahua, Mexico, and Rincon, Georgia. In 1982, Prabhat Jain acquired the company and has since overseen its growth into a provider of power conversion solutions for diverse markets including utility, industrial, and commercial sectors. Business/Product Breakdown Virginia Transformer Corp. designs and manufactures a comprehensive portfolio of liquid-filled and dry-type power transformers. Its product range includes small, medium, and large power transformers with capacities reaching up to 1,400 MVA and voltage ratings up to 525 kV. The company provides specialized solutions such as GSU (Generator Step-Up) transformers, autotransformers, grounding transformers, and rectifier transformers tailored for specific environments like data centers, renewable energy sites, and heavy industrial plants. Additionally, the company offers a suite of digital monitoring systems and integrated power solutions, including "E-House" modular substations that combine transformers with switchgear and control equipment. Through its service division, the company provides installation support, field testing, and maintenance programs to assist with the lifecycle management of its installed base.

Financials

Revenue & Profit

Revenue

Valuation

Valuation

Ratios

Revenue / EBITDA
$123 MM
Valuation / Revenue
$123 MM
Valuation / Employees
$123 MM
EBITDA / Revenue
$123 MM
1-Year CAGR (Revenue)
03
3-Year CAGR (Revenue)
11
1-Year CAGR (Employees)
19
3-Year CAGR (Employees)
96

People

Employee Figures

Employees

Key Executives

NameTitleSocialsEmailPhone
John DoeEmployee
--
Jane DoeEmployee
John DoeEmployee
John DoeEmployee

401K

Total Active Participants
1234
No. Participants with Account Balances
56789
Total Liabilities Start of Year
1234
Total Assets Start of Year
56789

Deals

M&A2024-03-15Completed

Seller

Founders Group

Investor Sponsors

NorthBridge PE

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

Target

BrightHealth Technologies

Seller

Early Investors Consortium

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