Michigan Electric Transmission Company Overview

  • Year Founded
  • 2002

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 35

Employees

  • Latest Deal Type
  • Debt

  • Financing Rounds
  • 8

Michigan Electric Transmission Company General Information

Description

Provider of electric transmission services in Michigan, United States. The company operates high-voltage systems that transmit electricity from generating stations to local electricity distribution facilities, thereby helping to connect the transmission lines to generation resources, distribution facilities and neighboring transmission systems.

Contact Information

Website
www.metcllc.com
Ownership Status
Acquired/Merged
Financing Status
Private Equity-Backed
Primary Industry
Electric Utilities
Acquirer
Corporate Office
  • 27175 Energy Way
  • Novi, MI 48377
  • United States

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Michigan Electric Transmission Company Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Michigan Electric Transmission Company Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Michigan Electric Transmission Company Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Michigan Electric Transmission Company FAQs

  • When was Michigan Electric Transmission Company founded?

    Michigan Electric Transmission Company was founded in 2002.

  • Where is Michigan Electric Transmission Company headquartered?

    Michigan Electric Transmission Company is headquartered in Novi, MI.

  • What is the size of Michigan Electric Transmission Company?

    Michigan Electric Transmission Company has 35 total employees.

  • What industry is Michigan Electric Transmission Company in?

    Michigan Electric Transmission Company’s primary industry is Electric Utilities.

  • Is Michigan Electric Transmission Company a private or public company?

    Michigan Electric Transmission Company is a Private company.

  • What is Michigan Electric Transmission Company’s current revenue?

    The current revenue for Michigan Electric Transmission Company is 000000.

  • How much funding has Michigan Electric Transmission Company raised over time?

    Michigan Electric Transmission Company has raised $400M.

  • Who are Michigan Electric Transmission Company’s investors?

    Evercore Group and Macquarie Asset Management have invested in Michigan Electric Transmission Company.

  • When was Michigan Electric Transmission Company acquired?

    Michigan Electric Transmission Company was acquired on 16-Jan-2024.

  • Who acquired Michigan Electric Transmission Company?

    Michigan Electric Transmission Company was acquired by ITC Holdings.

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