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Valuation

$31.4M

2025 Revenue

$10.5M

Funding

$0

Team

95

Founded

1975

How MGM Transformer Company CEO Doug Banty grew MGM Transformer Company to $10.5M revenue with a 95 person team in 2025.

Largest independent transformer manufacturing company in the U.S. with the broadest product portfolio consisting of best-in-class engineered and made-to-order solutions

Last updated

MGM Transformer Company Revenue

In 2025, MGM Transformer Company's revenue reached $10.5M. Since its launch in 1975, MGM Transformer Company has shown consistent revenue growth.

MGM Transformer Company Revenue GrowthReported revenue / ARR by year$0$3M$5M$8M$10M$13M19751977197919811983198519871989199119931995199719992001200320052007200920112013201520172019202120232025$0$10MSource: GetLatka.com
YearMilestone
2025MGM Transformer Company Hit $10.5m revenue in September 2025
1975Launched with $0 revenue

MGM Transformer Company Valuation, Funding Rounds

MGM Transformer Company's most recent disclosed valuation is $31.4M.

MGM Transformer Company is a bootstrapped SaaS startup. Founded in 1975, MGM Transformer Company has grown to $10.5M in revenue without raising any venture capital or outside funding.

As a self-funded SaaS company, MGM Transformer Company has built its business with no outside investment.

MGM Transformer Company Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$119751975 cumulative: $0 • 1975 Founded: $01975 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

MGM Transformer Company Employees & Team Size

MGM Transformer Company employs approximately 95 people as of 2026.

MGM Transformer Company has 95 total employees in different roles and functions.

MGM Transformer Company Team GrowthReported headcount over time02040608010019751977197919811983198519871989199119931995199719992001200320052007200920112013201520172019202120232024009595Source: GetLatka.com
YearMilestone
2024Reached 95 employees (November 2024)

Founder / CEO

Doug Banty

Doug Banty is listed as Founder / CEO at MGM Transformer Company.

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Customers

We do not have customer count information for MGM Transformer Company yet.

Frequently Asked Questions about MGM Transformer Company

What is MGM Transformer Company's revenue?

MGM Transformer Company generates $10.5M in revenue.

Who founded MGM Transformer Company?

MGM Transformer Company was founded by Doug Banty.

Who is the CEO of MGM Transformer Company?

The CEO of MGM Transformer Company is Doug Banty.

How much funding does MGM Transformer Company have?

MGM Transformer Company raised $0.

How many employees does MGM Transformer Company have?

MGM Transformer Company has 95 employees.

Where is MGM Transformer Company headquarters?

MGM Transformer Company is headquartered in Commerce, California, United States.

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Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

MGM Transformer Company Revenue 2025: $10.5M ARR