Maddox Industrial Transformer LLC
Classification
Private
About
About
Maddox Industrial Transformer LLC is an electrical equipment company founded in 2015 by brothers Camden and Mac Spiller. Headquartered in Greer, South Carolina, the company operates several production facilities and offices across the United States, including locations in Washington, Ohio, Idaho, and Texas. Maddox Industrial Transformer specializes in the manufacturing, reconditioning, and distribution of transformers and transformer-related equipment for the industrial and commercial markets. Since its founding, the company has consistently appeared on the Inc. 5000 list of fastest-growing private companies. Business/Product Breakdown Maddox Industrial Transformer LLC provides a range of power distribution equipment, including new, reconditioned, and surplus electrical transformers. The product portfolio features three-phase and single-phase padmount transformers, substation transformers, and polemount transformers, as well as low and medium voltage dry-type units. In addition to transformers, the company offers pad-mounted and metal-enclosed load interrupter switchgear. Maddox supports its product sales with various services such as transformer rentals, repairs, and the purchase of surplus equipment from customers. The company serves a diverse group of clients ranging from small operators to large-scale industrial projects, providing immediate stock availability and custom manufacturing for specialized needs.
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