Utitec Overview

  • Year Founded
  • 1981

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 56

Employees

  • Latest Deal Type
  • Buyout/​LBO

  • Financing Rounds
  • 4

  • Investments
  • 2

Utitec General Information

Description

Manufacturer and provider of miniature, ultra-high precision tubular and flat stamped components and services intended for medical devices, consumer electronics and automotive markets. The company offers components for surgical stapling, arthroscopic cutters, endoscopic knives, catheters and syringes, enabling its clients to identify and transform ideas and requirements into a proven and effective products.

Contact Information

Website
www.utitec.com
Ownership Status
Acquired/Merged
Financing Status
Private Equity-Backed
Corporate Office
  • Post Ofice Box 370
  • Watertown, CT 06795
  • United States
Primary Industry
Industrial Supplies and Parts
Other Industries
Other Commercial Services
Vertical(s)
Corporate Office
  • Post Ofice Box 370
  • Watertown, CT 06795
  • United States

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Utitec Valuation & Funding

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

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Utitec Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Manufacturer and provider of miniature, ultra-high precision tubular and flat stamped components and services intended f
Industrial Supplies and Parts
Watertown, CT
56 As of 2021

Hamburg, NJ

Prospect, CT
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Utitec Competitors (2)

One of Utitec’s 2 competitors is Accurate Forming, a Formerly PE-Backed company based in Hamburg, NJ.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Accurate Forming Formerly PE-Backed Hamburg, NJ
Prospect Machine Products, Inc. Corporation Prospect, CT
You’re viewing 2 of 2 competitors. Get the full list »

Utitec Patents

Utitec Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-10864611-B2 Method of sharpening hardened thin metal blades Active 12-May-2017
US-20180326551-A1 Method of sharpening hardened thin metal blades Active 12-May-2017
WO-2018209034-A1 Method of sharpening hardened thin metal blades Inactive 12-May-2017 B24B3/36

Utitec Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Utitec Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Utitec Investments (2)

Utitec’s most recent deal was a Buyout/LBO with Veridiam Medical. The deal was made on 17-Nov-2015.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Veridiam Medical 17-Nov-2015 Buyout/LBO Industrial Supplies and Parts
Accellent (Connecticut Operations) 11-Jan-2013 Buyout/LBO Other Healthcare Services
To view Utitec’s complete investments history, request access »

Utitec FAQs

  • When was Utitec founded?

    Utitec was founded in 1981.

  • Where is Utitec headquartered?

    Utitec is headquartered in Watertown, CT.

  • What is the size of Utitec?

    Utitec has 56 total employees.

  • What industry is Utitec in?

    Utitec’s primary industry is Industrial Supplies and Parts.

  • Is Utitec a private or public company?

    Utitec is a Private company.

  • What is Utitec’s current revenue?

    The current revenue for Utitec is .

  • Who are Utitec’s investors?

    Harwood Private Equity and Lake Region Medical-Wilmington have invested in Utitec.

  • Who are Utitec’s competitors?

    Accurate Forming and Prospect Machine Products, Inc. are competitors of Utitec.

  • When was Utitec acquired?

    Utitec was acquired on 03-Jan-2023.

  • Who acquired Utitec?

    Utitec was acquired by Cadence (Virginia).

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