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Valuation

$31.4M

2025 Revenue

$10.5M(Est.)

Funding

$0

Team · 2024

95

Founded

1975

MGM Transformer Company Revenue & Valuation (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

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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 over time · latest figure estimated$0$2.5M$5M$7.5M$10M$12.5M19751977197919811983198519871989199119931995199719992001200320052007200920112013201520172019202120232025$0$10.5MSource: GetLatka.com
YearMilestoneSource
2025MGM Transformer Company Hit $10.5m revenue in September 2025Estimated
1975Launched with $0 revenue

MGM Transformer Company Valuation, Funding Rounds

MGM Transformer Company reached a $31.4M valuation in 2025, set during its M&A Offer round.

MGM Transformer Company Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$7.5M$0.2$15M$0.4$22.5M$0.6$30M$0.8$37.5M$119751977197919811983198519871989199119931995199719992001200320052007200920112013201520172019202120232025$31.4MSource: GetLatka.com
YearRoundAmountValuation% SoldSource
2025M&A Offer-$31.4M-

Founder / CEO

Doug Banty

CEO

Doug Banty is listed as CEO at MGM Transformer Company.

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Customers

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

MGM Transformer Company Employees & Team Size

MGM Transformer Company employs approximately 95 people as of 2026.

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

Frequently Asked Questions about MGM Transformer Company

What is MGM Transformer Company's revenue?

MGM Transformer Company generates an estimated $10.5M in annual 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.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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