Nova Magnetics Overview

  • Year Founded
  • 1981

Year Founded

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • M&A

Nova Magnetics General Information


Manufacturer of custom transformers and inductors intended to offer magnetic couplings, seal-less blowers and life support equipment. The company's products include power transformers, switch mode power supply transformers, audio transformers, inductors and specialty components, thereby enabling their clients to use coupling systems for seal-less operation of pumps, valves, mixers, blowers and other fluid-handling equipment.

Contact Information

Ownership Status
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Electrical Equipment
Parent Company
Electro Technik Industries
Corporate Office
  • 1101 East Walnut Street
  • Garland, TX 75040
  • United States
+1 (972) 000-0000

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Nova Magnetics Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Merger/Acquisition 30-Jun-2023 Completed Generating Revenue
2. Merger/Acquisition 01-Aug-2001 Completed Generating Revenue
1. Later Stage VC Completed Generating Revenue
To view Nova Magnetics’s complete valuation and funding history, request access »

Nova Magnetics Executive Team (4)

Name Title Board Seat Contact Info
Chris Davis President
Matthew Davis President
Clay Hogan Co-Founder
Glynn Davis Co-Founder
To view Nova Magnetics’s complete executive team members history, request access »

Nova Magnetics Former Investors (2)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
EagleBurgmann Corporation Majority 000 0000 000000 0
Invest Nova Scotia Venture Capital Minority 000 0000 000000 0
To view Nova Magnetics’s complete investors history, request access »

Nova Magnetics FAQs

  • When was Nova Magnetics founded?

    Nova Magnetics was founded in 1981.

  • Who is the founder of Nova Magnetics?

    Clay Hogan and Glynn Davis are the founders of Nova Magnetics.

  • Where is Nova Magnetics headquartered?

    Nova Magnetics is headquartered in Garland, TX.

  • What industry is Nova Magnetics in?

    Nova Magnetics’s primary industry is Electrical Equipment.

  • Is Nova Magnetics a private or public company?

    Nova Magnetics is a Private company.

  • What is Nova Magnetics’s current revenue?

    The current revenue for Nova Magnetics is 000000.

  • Who are Nova Magnetics’s investors?

    EagleBurgmann and Invest Nova Scotia have invested in Nova Magnetics.

  • When was Nova Magnetics acquired?

    Nova Magnetics was acquired on 30-Jun-2023.

  • Who acquired Nova Magnetics?

    Nova Magnetics was acquired by Electro Technik Industries.

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