Functional Devices
Highly Engaged Employees
Electronics · Indiana, United States · 51-200 Employees
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Overview
Headquarters
101 Commerce Dr, Sharpsville, Indiana, 4...Phone Number
(765) 883-5538Website
www.functionaldevices.comRevenue
$58.9 MillionIndustry
About Functional Devices
Functional Devices Org Chart
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Functional Devices is experiencing very low activity levels compared to other companies in the Manufacturing sector.
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Functional Devices Tech Stack
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Functional Devices News & Media
Shorehill Capital buys Functional Devices
Shorehill Capital LLC has acquired a majority stake in Functional Devices LLC. Company management and Ken Rittmann, Functional’s prior owner, also invested. Financial terms weren’t announced. Functional Devices, of Sharpsville, Indiana, makes relays, power supplies, transformers, sensors, enclosures and wireless devices utilized in the HVAC, building and lighting controls and energy management industries. Madison Capital Funding LLC and Maranon Capital LP provided financing support. Katten MuchiShorehill acquires Functional Devices
Shorehill Capital LLC has acquired a majority ownership stake in Sharpsville, Indiana-based Functional Devices, a maker of relays, power supplies, transformers, sensors, enclosures and wireless devices for the HVAC, building and lighting controls and energy management industries. No financial terms were disclosed for the transaction that was done in partnership with Functional Devices' management team and its prior owner Ken Rittman.
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Frequently Asked Questions Regarding Functional Devices
Functional Devices designs and manufactures electronic devices offering peripheral and wireless devices, transformers, power controls, sensors, AC and DC power supplies and enclosures primarily used for building controls, energy management, HVAC, lighting controls, energy savings and wireless industries throughout the United States. Functional Devi... Read More
