Versatec

What Versatec does

Versatec, LLC is a privately held specialty machinery manufacturer founded in 2009 and based in Danbury, Connecticut. The company was formed predominantly by former Contact Systems employees to acquire all intellectual property, inventory, and manufacturing capabilities of Contact Systems, Inc., making Versatec the sole certified producer, remanufacturer, and service center for the Contact Systems product line of through-hole and SMT PCB assembly equipment.

The company's core product portfolio centers on two lines: the CS-400E Cut & Clinch Inserter (through-hole component insertion machines, in production since 1993, featuring proprietary programmable lead length and clinch angle mechanisms) and the C5 Series SMT Placement Machines (four models ranging from C5-128 to C5d-256, with placement rates from 9,400 to 22,500 CPH, using linear motor gantry systems). Supporting the hardware are component delivery systems, tape and air track feeders, tray modules, software modules for programming, inventory, MIS reporting, and traceability, and a component verifier for pre-insertion testing. The Ultra Clinch mechanism and intelligent feeder concept are described as unique in the market.

Versatec operates a diversified revenue model spanning new equipment sales, factory remanufactured equipment, spare parts and consumables, multi-tier subscription service contracts (Bronze, Silver/White, Gold/Red), training courses, engineering and prototyping services, contract assembly, retrofits, and a Cut & Clinch exchange program. Distribution is primarily direct from Danbury, supplemented by international channel partners in the UK, Italy, Ireland, India, and Russia. The target customer base consists of medium to large volume electronics manufacturers, with a large installed base of legacy CS-400 inserters supporting the parts and service annuity.

Name

Versatec

Legal name

Versatec, LLC

Website

https://versatecsolutions.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

1–10 employees

Short description

Versatec, LLC is a privately held Danbury, Connecticut-based manufacturer and exclusive service provider for Contact Systems PCB assembly equipment, producing through-hole Cut & Clinch Inserters (CS-400E) and SMT Pick & Place machines (C5 Series), supported by remanufacturing, spare parts, service contracts, and engineering services for medium-to-large electronics manufacturers worldwide.

Ownership category

akta.pro rank

Product category

Electronics Manufacturing Equipment

NAICS

Printed Circuit Assembly (Electronic Assembly) Manufacturing (334418)

SIC

Misc Industrial & Commercial Machinery & Equipment (3590), Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

PCB Assembly (PCBA/EMS) (HDAHAOAI)

akta.pro secondary industry

Back-End/Advanced Packaging Equipment (Die Attach/Wire Bond/Flip-Chip/TCB) (HDAHAEAL)

Keywords

• PCB assembly equipment
• SMT placement machines
• Through-hole insertion
• Electronics manufacturing equipment
• Equipment remanufacturing services

Headquarters

HQ city

Danbury

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. New Equipment Sales: Sale of new Contact Systems branded SMT placement machines (C5 Series) and through-hole insertion machines (CS-400E) with accessories and component delivery systems.
2. Remanufactured Equipment: Sale of factory remanufactured pre-owned equipment at reduced cost compared to new machines. Complete disassembly, rebuilding to OEM specifications, calibration and testing with warranty.
3. Spare Parts & Consumables: Sale of spare parts, wear parts, consumables and accessories for Contact Systems equipment. Discounts available through service contracts.
4. Service Contracts & Warranties: Extended warranties and service plans (Red, White, Gold, Silver, Bronze) providing parts coverage, labor, technical support, and discounted training. Multiple machine discounts available.
5. Training Services: Comprehensive 3-4 day training classes covering machine operation, programming and maintenance. Free for new equipment buyers at Danbury facility, additional charges for on-site or supplemental training.
6. Engineering Services: Conception, design, and prototyping of electromechanical assemblies. Value-added service including cost engineering and manufacturing documentation (CAD drawings and BOM).
7. Contract Assembly Services: Cable/wire harness and mechanical assembly services for JIT manufacturing requirements. From simple mechanical assemblies to complex precision electromechanical assemblies.
8. Retrofits & Upgrades: Retrofit kits for obsolete components (computer, monitor, keyboard/armrest, drivers) to upgrade existing machines to latest technology. Sold separately with customer installation instructions.
9. Cut & Clinch Exchange Program: Exchange program for rebuilt cut and clinch units for machines under contract. Quick delivery of rebuilt units to minimize customer downtime.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Versatec manufactures, remanufactures, and services Contact Systems branded PCB assembly equipment, including the CS-400E Cut & Clinch through-hole insertion machines and C5 Series SMT placement machines. The company supplies accessories, software modules, spare parts, retrofits, technical support, training, and contract assembly services as a full lifecycle support provider for both current and legacy Contact Systems equipment.

Product overview

Versatec is a manufacturer of electronic assembly equipment for PCB assembly, specializing in both through-hole and SMT (Surface Mount Technology) equipment. The product portfolio centers on two core product lines: the CS-400E Cut & Clinch Inserter (through-hole insertion machines with programmable lead length and clinch angle, available in four models CS-400E, CS-400EJY, CS-400EJX, CS-400EXY) and the C5 Series SMT Placement Machines (available in four models: C5-128, C5-192, C5d-128, C5d-256 offering 4 or 8-spindle heads with placement rates from 9,400 to 22,500 CPH). The company also offers a comprehensive range of accessories including component delivery systems (Rotary Bin CS-201, Lighted Dip Dispenser CS-241, JIT BIN CS-740BD), tape and air track feeders, tray handling modules, and the Component Verifier CS-400EV for pre-insertion testing. Software offerings include PSM Programming, ISM Inventory, MISSM Extended MIS, and TSM Traceability modules for the C5 series. Versatec provides full lifecycle support through remanufacturing services, technical support, training courses, spare parts supply, retrofits, preventive maintenance, and additional services including engineering design and contract assembly.

Differentiator

Problem solved

Functional benefit

Brands

• Contact Systems™: Acquired brand of through-hole and SMT PCB assembly equipment, including CS-400E Cut & Clinch Inserters and C5 Series SMT Placement Machines. Versatec acquired all intellectual property and continues to manufacture and service these products.

Products and services

• CS-400E Cut & Clinch Inserter Semi-automatic insertion machine for radial, axial, and multi-leaded through-hole electronic components for PCB assembly. Features programmable lead length and clinch angle with cut and clinch mechanism. Available in four models: CS-400E, CS-400EJY, CS-400EJX, CS-400EXY.
• C5-128 SMT Placement Machine Single beam SMT placement machine positioned as price/performance leader. Features 128 x 8-mm feeders, 9,400 to 14,200 CPH placement rate, up to 22 matrix trays, 4 or 8-spindle heads, and FlexiFix Board Mounting System.
• C5-192 SMT Placement Machine Single beam SMT placement machine offering versatility without compromise. Features 192 x 8-mm feeders and up to 17 matrix trays.
• C5d-128 Dual Beam SMT Placement Machine Dual beam SMT placement machine offering fast and flexible operation. Features 22,500 CPH placement rate, up to 30 matrix trays, and two 8-spindle heads with Auto Centering Board Conveyor.
• C5d-256 Dual Beam SMT Placement Machine Dual beam SMT placement machine marketed as the ultimate single machine solution. Features 256 x 8-mm feeders.
• CS-400E Remanufacturing Service Comprehensive remanufacturing process bringing CS-400E machines to virtually new condition with warranty. Includes machine evaluation, disassembly, subassembly rebuild, calibration, final testing, and latest retrofits installation.
• Technical Support Services Factory-trained technical support including phone, fax, and email support. Remote diagnostics available for C5 platform through internet connection.
• Training Courses Comprehensive training classes for Contact Systems equipment lasting three to four days covering machine use including programming, operating, and maintenance. Available at Danbury, CT facility or on-site at customer location.
• Spare Parts Supply Maintains complete line of spare parts including new and reconditioned spare parts. Offers same-day shipping for orders placed before 12:00 noon EST.
• CS-400E Retrofits Hardware upgrades including Computer Chassis Retrofit RF-249, Monitor Retrofit RF-156-1, Armrest/Keyboard Retrofit RF-245-1, and Driver Retrofits to upgrade existing machines to latest technology.
• Engineering Services Engineering conception, design, and prototyping for small to medium size electromechanical assemblies. Includes cost engineering and manufacturing documentation (CAD drawings and BOM).
• Contract Assembly Services Cable/wire harness and mechanical assembly services from simple assemblies to high reliability complex precision electromechanical assemblies with Just-In-Time manufacturing capabilities.
• Preventive Maintenance PM/PT Service Preventive Maintenance Precision Tune-Up service by Versatec field service engineers including complete machine health check, calibration, software upgrade, and full cleaning and lubrication of all moving parts.
• Cut & Clinch Exchange Program Exchange program for rebuilt cut and clinch units for machines under contract. Quick delivery of rebuilt units to minimize customer downtime.
• Rotary Bin CS-201 Component Delivery System Component delivery system that runs in sequence with assembly program. Holds up to 90 different components across nine trays with ten compartments each. Features constant height pick-up window, safety light curtain, and electronic control with rotary encoder.
• JIT BIN CS-740BD Dual Picker System Component storage and dispensing system containing 708 part bins that operates in sync with CS-400E. Dual picker system provides faster access time when supplying two component insertion machines, with access to 684 component boxes per locator.

Quantifiable outcome

• Remanufactured CS-400E machine provides latest technology at fraction of new machine cost
• +1 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Six partnerships are on record, tiered regional.

• KPE (Key Production Equipment Ltd)regionalChannel Partner/ Reseller/ DistributorUK-based channel partner for Versatec Contact Systems equipment. Located at Unit 3 The Sidings Industrial Estate, Hound Road, Netley Abbey, Southampton, SO31 5QA. Phone: +44 (0)2380 454 675.
• Stealtech SncregionalChannel Partner/ Reseller/ DistributorItalian channel partner for Versatec Contact Systems equipment. Located at Via I Maggio 13, 23885 Calco (Lecco), Italy. Phone: +39 039 9910404.
• Etek EuroperegionalChannel Partner/ Reseller/ DistributorIrish channel partner for Versatec Contact Systems equipment. Contact: [email protected].
• Unisert Machines (I) Pvt. LtdregionalChannel Partner/ Reseller/ DistributorIndian channel partner for Versatec Contact Systems equipment. Located at C-104, Ground Floor, Sector-65, NOIDA - 201301, INDIA. Phone: 91-120 409 9002.
• Clever Electronics LtdregionalChannel Partner/ Reseller/ DistributorRussian channel partner for Versatec Contact Systems equipment. Located at 5, 3-rd Roschinskaja Str, 115191 Moscow, Russian Federation. Phone: +7 495 952 59 99.
• Avanteh (Avantex)regionalChannel Partner/ Reseller/ DistributorRussian (St. Petersburg) channel partner for Versatec Contact Systems equipment. Contact: [email protected], Phone: +7-(812)-324-15-56.

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Illinois Tool Works (ITW): Diversified industrial manufacturer with multiple operating segments touching electronics assembly, fastening, and precision components. Much larger scale and broader product portfolio than Versatec, providing a broader industrial machinery comparable.

Direct peers

• Europlacer: UK-based specialist manufacturer of SMT pick-and-place equipment with a comparable focus on flexible, mid-volume production environments. Similar size and niche positioning to Versatec.
• Fuji Corporation: Major Japanese manufacturer of SMT placement equipment with global reach. Direct competitor in the pick-and-place market for electronics assembly production lines.
• Universal Instruments: Specialized manufacturer of through-hole insertion equipment and SMT pick-and-place machines. Most direct competitor for Versatec's CS-400E through-hole inserters in the global market, with overlapping customer base in mid- to high-volume electronics manufacturers.
• JUKI Automation Systems: Manufacturer of SMT placement equipment and automated assembly systems serving electronics manufacturers worldwide, with overlapping mid-volume customer segment focus.
• Essemtec: Swiss-based specialist manufacturer of SMT pick-and-place equipment, flexible production systems, and dispensing solutions. Comparable focus on small- to mid-volume electronics manufacturers with similar product breadth to Versatec.
• Panasonic SMT (Panasonic Connect): Major manufacturer of SMT pick-and-place equipment, directly competing with Versatec's C5 Series. Part of Panasonic's broader industrial solutions portfolio serving electronics manufacturers worldwide.
• Mycronic: Swedish-based supplier of SMT assembly equipment including pick-and-place machines, competing in the mid-volume segment where Versatec operates. Public company with broader global service network.
• ASM Pacific Technology: Leading global supplier of assembly equipment for the semiconductor and electronics industry, including SMT placement machines that compete with Versatec's offerings in mid- to high-volume electronics manufacturing.
• Yamaha Motor IM Division: Global leader in SMT placement equipment with an extensive product portfolio that directly competes with C5 Series machines. Significantly larger R&D and service footprint than Versatec.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/versatecsolutions
• Xx.com/versatecsol
• LinkedInlinkedin.com/company/versatec-llc

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Versatec