Company profile: Springfield Electric
1.1 - Company Overview
Company description
- Provider of electrical equipment, components, parts, and materials for commercial and residential markets; a Digital Job Center for 24/7 project info, shipment tracking, financials, and document management; industrial solutions with inventory management and customized support for facility operations; and residential energy solutions offering design consultation, free estimates, and incentive processing.
Products and services
- Electrical Equipment and Components: Springfield Electric supplies a wide range of commercial-grade electrical equipment, components, parts, and materials for both commercial and residential markets
- Industrial Solutions: Springfield Electric architects custom-engineered systems and inventory management that enhance industrial facility operations and manufacturing capabilities
- Digital Job Center: Springfield Electric delivers a centralized, always-on platform with 24/7 project information, shipment tracking, financials, and document management to streamline project oversight
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Springfield Electric
nCode
HQ: United Kingdom
Website
- Description: Provider of leading engineering data analysis solutions with a special concentration in fatigue and durability, helping customers understand product performance, accelerate product development, and improve design across a broad range of industries.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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WorkClout
HQ: United States
Website
- Description: Provider of a SaaS platform for manufacturers that tracks factory-floor actions to enhance real-time operational efficiency, centralizes quality processes (with ISO and quality info) in one platform within 7 days, offers flexible cloud integrations and APIs, supports web, iOS, and Android apps, uses industry-leading security encryption, and scales with businesses from 50 to 1000 employees.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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IronPlanet
HQ: United States
Website
- Description: Provider of an online marketplace for buying and selling used equipment and other durable assets, offering scheduled online auctions, Buy Now and Make Offer purchasing, exclusive inspection reports backed by IronClad Assurance, worldwide equipment inventory, government and military surplus auctions, and tailored selling solutions for asset owners. Serves a global base of 3.3M+ registered users.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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GNT Systems
HQ: Germany
Website
- Description: Provider of MES and CAM system integration for the machining industry, offering bidirectional ERP interfaces, GNT.NET production data, monitoring, KPI/OEE key figure determination, service and maintenance, MES hardware, machine and production data acquisition, personnel time recording, detailed planning and control center, and workforce planning.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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GOM Metrology
HQ: France
Website
- Description: Provider of software and systems for industrial and automated 3D coordinate measuring and testing, including ZEISS Industrial Metrology solutions for quality assurance, CMMs such as ZEISS PRISMO, SPECTRUM, MICURA, ZEISS O-INSPECT duo for 3D measurement and microscopic inspection, and ZEISS ScanBox 4105 RC for automated optical 3D measurement.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Springfield Electric
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Buyer group 2: ████████ ████████
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Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████
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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Springfield Electric
2.2 - Growth funds investing in similar companies to Springfield Electric
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4 - Top valuation comps for Springfield Electric
4.2 - Public trading comparable groups for Springfield Electric
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