About Ace Hardware
Ace Hardware is a company based in Oak Brook (United States) founded in 1924.. The company has 14,600 employees as of December 31, 2024. Ace Hardware has completed 6 acquisitions, including Handyman Matters, Jensen Distribution Services and MARC Supply. Ace Hardware offers products and services including Grills, Lawn Mowers, Tools, and Paints.
- Headquarter Oak Brook, United States
- Employees 14600 as on 31 Dec, 2024
- Stage Public
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Sectors
RetailBusiness Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Pt Aspirasi Hidup Indonesia Tbk
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Annual Revenue
$531.96 M (USD)12.63as on Dec 31, 2024
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Net Profit
$55.31 M (USD)16.84as on Dec 31, 2024
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EBITDA
$95.48 M (USD)13.02as on Dec 31, 2024
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Latest Funding Round
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Investors
Westlake Hardware
& 2 more
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Employee Count
14600
as on Dec 31, 2024
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Investments & Acquisitions
Handyman Matters
& 5 more
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Acquired by
& 1 more
(Jun 11, 2025)
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IPO & Listings of Ace Hardware
Ace Hardware is a publicly listed company on the IDX with ticker symbol ACES in Indonesia, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Ace Hardware
Ace Hardware offers a comprehensive portfolio of products and services, including Grills, Lawn Mowers, Tools, and Paints. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Devices for outdoor cooking and grilling for home use.
Machines for maintaining lawns and gardens efficiently.
Hand and power tools for DIY projects and repairs.
Products for interior and exterior surface coating.
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Sales and Marketing
20 people
Leadership Team
19 people
Operations Team
14 people
Software Development Team
13 people
Creative and Marketing Team
11 people
Senior Team
10 people
Warehouse Team
7 people
Finance and Accounting
7 people
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Funding Insights of Ace Hardware
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2019 | Amount | Private Equity Round - Ace Hardware | Valuation | Tecum Capital |
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| Jun, 2012 | Amount | Grant - Ace Hardware | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Ace Hardware
Ace Hardware has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Westlake Hardware, Tecum Capital and United States Department of Agriculture. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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US private equity investments are managed by Tecum Capital.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Pet food products and fuels are retailed by the company.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ace Hardware
Ace Hardware has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Handyman Matters, Jensen Distribution Services and MARC Supply. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Residential heating, air conditioning, plumbing, and electrical services are provided.
|
2021 | ||||
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Innovative products are discovered and launched on a dedicated platform.
|
2008 | ||||
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Residential repair, carpentry, and installation services are provided.
|
1998 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Ace Hardware
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ace Hardware Comparisons
Competitors of Ace Hardware
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ace Hardware
Frequently Asked Questions about Ace Hardware
When was Ace Hardware founded?
Ace Hardware was founded in 1924 and raised its 1st funding round 88 years after it was founded.
Where is Ace Hardware located?
Ace Hardware is headquartered in Oak Brook, United States. It is registered at Oak Brook, Illinois, United States.
Who is the current CEO of Ace Hardware?
John Venhuizen is the current CEO of Ace Hardware.
How many employees does Ace Hardware have?
As of Dec 31, 2024, the latest employee count at Ace Hardware is 14,600.
What is the annual revenue of Ace Hardware?
Annual revenue of Ace Hardware is $531.96M as on Dec 31, 2024.
What does Ace Hardware do?
Ace Hardware was founded in 1924 and is headquartered in Oak Brook, United States. Operations are conducted in the hardware retail sector, where tools, paints, grills, lawn and garden supplies, and related items are sold via physical stores and an online platform. Brands such as Craftsman, Yeti, and Weber are featured among the offerings.
What products or services does Ace Hardware offer?
Ace Hardware offers Grills, Lawn Mowers, Tools, and Paints.
Is Ace Hardware publicly traded?
Yes, Ace Hardware is publicly traded on IDX under the ticker symbol ACES.
How many acquisitions has Ace Hardware made?
Ace Hardware has made 6 acquisitions, including Handyman Matters, Jensen Distribution Services, and MARC Supply.
Who are Ace Hardware's investors?
Ace Hardware has 3 investors. Key investors include Westlake Hardware, Tecum Capital, and United States Department of Agriculture.
What is Ace Hardware's ticker symbol?
The ticker symbol of Ace Hardware is ACES on IDX.