Company profile: Strattec
1.1 - Company Overview
Company description
- Provider of mechanical and electronically enhanced automotive locks and keys; ignition lock housings; access control products including latches and power sliding door; customized ECUs for vehicle user interface and infotainment; transmission paddle shifters; dealer direct fulfillment for replacement keys and locks; OEM-quality aftermarket smart keys, push button fobs, transponder and remote head keys, BOLT vehicle-compatible single-key locks
Products and services
- Aftermarket Solutions: Supplies OEM quality locks and keys for the automotive aftermarket, including smart keys, push button fobs, transponder keys, and remote head keys
- Automotive Locks and Keys: Constructs vehicle access components for doors, ignitions, and trunks, including mechanical locks, electronically enhanced locks and keys, and ignition lock housings, delivering secure entry with electronically enhanced architecture
- BOLT Lock: Offers vehicle-compatible locks keyed to a vehicle’s existing key, enabling a single-key system for securing various items using the vehicle’s original key
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Strattec
Kentucky Trailer
HQ: United States
Website
- Description: Provider of custom trailers and truck bodies, including design, manufacturing, and service; mobile medical diagnostic, treatment, and surgical units; mobile command centers for law enforcement and disaster response; full service and reconditioning with on-site field support; and aftermarket parts with expert consultation.
- 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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Myotek
HQ: United States
Website
- Description: Provider of Tier 1 OEM transportation LED lighting, primarily fog lamps with strong emphasis on styling and performance. Offers innovative products, competitive pricing, and aggressive timing to market. Operates as an OEM designer, manufacturer, and supplier adhering to ISO and TS approval processes.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Myotek company profile →
Drake Automotive
HQ: United States
Website
- Description: Provider of automotive aftermarket products based in Henderson, Nev., for the classic car market, specializing in vintage Mustang restoration. Offers Ford-licensed reproduction parts (Scott Drake); parts for 2005–2014 (S197) and 2015–2023 (S550) Mustangs; components for Challengers; restoration parts and services for classic pickup trucks and muscle cars; and AC, heating, air and fuel delivery products including carburetors, EFI fuel injection systems, and fuel pumps.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Drake Automotive company profile →
Gibbs Die Casting
HQ: United States
Website
- Description: Provider of aluminum die cast components and industrial automation solutions, manufacturing precision, durable aluminum die castings for various industrial applications and integrating technology to enhance manufacturing processes and improve production efficiency.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Gibbs Die Casting company profile →
Knorr-Bremse
HQ: Germany
Website
- Description: Provider of braking systems for rail and commercial vehicles (trucks, buses, trailers, agricultural machinery), driver assistance systems, HVAC and auxiliary power supply systems for rail, and control components and technology. Also offers steering systems, powertrain-related systems, and torsional vibration dampers for diesel engines, and develops, produces, markets, and services its solutions.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Knorr-Bremse company profile →
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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 Strattec
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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 Strattec
2.2 - Growth funds investing in similar companies to Strattec
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4 - Top valuation comps for Strattec
4.2 - Public trading comparable groups for Strattec
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