Utitec Overview
- Year Founded
-
1981
- Status
-
Acquired/Merged
- Employees
-
56
- 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.comCorporate Office
- Post Ofice Box 370
- Watertown, CT 06795
- United States
Corporate Office
- Post Ofice Box 370
- Watertown, CT 06795
- United States
Utitec Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Utitec Comparisons
Industry
Financing
Details
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 |
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
Utitec Former Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
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 |
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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