Altec Engineering Overview

  • Founded
  • 1978
Founded
  • Status
  • Private
  • Employees
  • 68
Employees
  • Latest Deal Type
  • IBO
  • Financing Rounds
  • 5
  • Investments
  • 4

Altec Engineering General Information

Description

Provider of diversified engineering and precision component manufacturing services intended to meet each customer's individual requirements. The company's focus lies in designing and manufacture of special purpose equipment and high precision CNC components, through using the latest 3D CAD software for the automotive, aerospace, mining, defence, oil and gas sectors, enabling clients to avail robust, cost effective and fit for purpose equipment for the application.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Formerly PE-Backed
Primary Industry
Industrial Supplies and Parts
Other Industries
Machinery (B2B)
Other Commercial Products
Primary Office
  • Unit 1, Bowburn North Industrial Estate
  • County Durham
  • Bowburn DH6 5PF
  • England, United Kingdom
+44 0191 000 0000
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Altec Engineering Valuation & Funding

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

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Altec Engineering Executive Team (5)

Name Title Board Seat Contact Info
Alastair Waite Chief Executive Officer
David Steel Managing Director & Board Member
Nicholas Batey Managing Director
Paul Lackenby Board Member & Group Business Development Director
Ronald Waite Founder
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Altec Engineering Board Members (4)

Name Representing Role Since
00000 00000 Altec Engineering Managing Director & Board Member 000 0000
0000 00000000 Altec Engineering Board Member & Group Business Development Director 000 0000
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Altec Engineering Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-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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Altec Engineering Investments & Acquisitions (4)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
00000000 00000000 23-Mar-2016 0000000000 Electrical Equipment 00000000 00000
00000 0000000000 22-Oct-2015 0000000000 Industrial Supplies and Parts 00000000 00000
00000 00000000000 30-Jul-2015 0000000000 Industrial Supplies and Parts 00000 00000
Sigma Technologies 01-Nov-2014 Merger/Acquisition Industrial Supplies and Parts 00000 00000
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Altec Engineering Subsidiaries (3)

Company Name Industry Location Founded
Sigma Technologies Industrial Supplies and Parts Durham, United Kingdom 2008
00000 00000000000 Industrial Supplies and Parts Durham, United Kingdom 0000
00000 0000000000 Industrial Supplies and Parts North Shields, United Kingdom 0000
To view Altec Engineering’s complete subsidiaries history, request access »

Altec Engineering Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
00000 000000000000 01-Nov-2014 000000000000000000 Completed
  • 00000 00000000000
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