Magnetek Overview

  • Year Founded
  • 1984

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 340

Employees

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 6

  • Investments
  • 1

Magnetek General Information

Description

Designer and manufacturer of digital power and motion control products based in Menomonee Falls, Wisconsin. The company offers digital drives, radio controls, software and accessories for industrial cranes and hoists and also a supplier of digital direct current motion control systems for elevators.

Contact Information

Ownership Status
Acquired/Merged
Financing Status
Formerly PE-Backed
Corporate Office
  • N49 W13650 Campbell Drive
  • Menomonee Falls, WI 53051
  • United States
+1 (262)
Primary Industry
Electrical Equipment
Other Industries
Business/Productivity Software
Other Commercial Products
Vertical(s)
Manufacturing, Industrials, TMT
Corporate Office
  • N49 W13650 Campbell Drive
  • Menomonee Falls, WI 53051
  • United States
+1 (262)

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Magnetek Valuation & Funding

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

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Magnetek Patents

Magnetek Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
EP-4372978-A1 System and method of increasing resolution of position feedback for motor control Pending 17-Nov-2022
US-20240171101-A1 System and method of increasing resolution of position feedback for motor control Pending 17-Nov-2022
US-20240010474-A1 Dynamic maximum frequency in a slow-down region for a material handling system Active 06-Jul-2022
US-11932519-B2 Dynamic maximum frequency in a slow-down region for a material handling system Active 06-Jul-2022
US-20220363512-A1 System and method of detecting a dragging brake in an elevator application Pending 17-May-2021 B66B5/0025
To view Magnetek’s complete patent history, request access »

Magnetek Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Magnetek Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Magnetek Acquisitions (1)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Enrange 05-Feb-2008 Wireless Communications Equipment
To view Magnetek’s complete acquisitions history, request access »

Magnetek ESG

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

Rank

Percentile

Machinery

Industry

Rank

Percentile

Industrial Machinery

Subindustry

Rank

Percentile

To view Magnetek’s complete esg history, request access »

Magnetek FAQs

  • When was Magnetek founded?

    Magnetek was founded in 1984.

  • Where is Magnetek headquartered?

    Magnetek is headquartered in Menomonee Falls, WI.

  • What is the size of Magnetek?

    Magnetek has 340 total employees.

  • What industry is Magnetek in?

    Magnetek’s primary industry is Electrical Equipment.

  • Is Magnetek a private or public company?

    Magnetek is a Private company.

  • What is the current valuation of Magnetek?

    The current valuation of Magnetek is .

  • What is Magnetek’s current revenue?

    The current revenue for Magnetek is .

  • How much funding has Magnetek raised over time?

    Magnetek has raised $19.7M.

  • Who are Magnetek’s investors?

    Fundamental Global Investors, Litton Industries, and Power-One have invested in Magnetek.

  • When was Magnetek acquired?

    Magnetek was acquired on 02-Sep-2015.

  • Who acquired Magnetek?

    Magnetek was acquired by Columbus McKinnon.

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