Virginia Transformer Corp.
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
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