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Company Description

Contact Info

8800 North Gainey Center Drive

Suite 270

Scottsdale, AZ 85258

United States

Phone: 480-275-7572

Fax:

Bollente Companies Inc., through its subsidiary, Bollente, Inc., manufactures and sells a whole-house, electric tankless water heater. Products Trutankless The company manufactures and distributes trutankless water heaters, a line of new electric tankless water heaters. The company’s trutankless water heaters are engineered to outperform and outlast both its tank and tankless predecessors in energy efficiency, output, and durability. It provides endless hot water on demand for a whole household and it also integrates with home automation systems. The company’s trutankless water heaters are designed to provide an endless hot water supply because they are designed to heat water as it flows through the system. The company created a custom heat exchanger for its trutankless product line that utilizes its patent pending Velix technology to heat water as it flows through the system, which means customers need not worry about running out of hot water. The company’s trutankless water heaters were officially launched in 2014 and are sold throughout the wholesale plumbing distribution channel. In July 2014, the company launched MYtankless, a customizable online control panel for its trutankless line of smart electric water heaters. From the dashboard, residential and commercial users could obtain real-time status reports, adjust unit temperature settings, view up to three years of water usage data, and change notification settings from anywhere in the world, using a computer or Web-enabled smart device at www.mytankless.com. The company’s primary markets, Florida, Texas, Arizona, and the rest of the Sunbelt region, are centers of growth in the U.S. construction industry. truCirc truCirc is a high-tech, smart-home water circulation pump. The energy reducing, water-saving truCirc could be used as a standalone product or with the company’s trutankless electric tankless water heater. truCirc’s high-tech interface allows homeowners to change delivery modes or choose a zone or fixture to send hot water. The company’s new product, truCirc, was unveiled in January 2015. Target Markets The company would initially market its products to builders, remodelers, and distributors in the southern and western U.S. Distribution Plan Initially, the company would be distributing its first product line throughout the southern and western U.S. using an existing network of plumbing and electrical wholesalers (distributors), manufacturers’ representatives and dealers. Intellectual Property and Proprietary Rights As of December 31, 2014, the company filed and received a United States federal trademark registration for trutankless and its logo design with the help of the company’s outside marketing and branding experts; and acquired various domain registrations reflective of its online marketing strategy (www.bollente.com). History Bollente Companies Inc. was founded in 2008.

 

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Price/Sales 39.2x
Price/Book NM Not Meaningful
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TEV/Sales 38.9x
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