AERCO

Acquired By Watts
AERCO is recognized for manufacturing commercial condensing boilers and water heaters.

About AERCO

AERCO is a company was acquired by Watts in November 2014. It operates as a Direct-to-Consumer (D2C), and B2B2C. AERCO offers products and services including Benchmark Boilers, SmartPlate EV, and Sequoia.

  • Sectors
    Industrial Goods & Manufacturing
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Industrial Goods & Manufacturing → Industrial Equipment & Machinery
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Watts

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    Watts

    & 1 more

    (Nov 06, 2014)

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Products & Services of AERCO

AERCO offers a comprehensive portfolio of products and services, including Benchmark Boilers, SmartPlate EV, and Sequoia. 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.

Primary

High-efficiency boilers are provided for commercial heating needs.

Innovative water heaters are offered for efficient hot water.

Emission-free electric boilers are designed for industrial applications.

People of AERCO
Headcount 50-200
Employee Profiles 32
Employee Profiles
People
Gary Robertson Pe
Regional Sales Manager
People
Melanio Alberto Hernandez
Planner Buyer
People
Marlene Beshay
Accounts Receivable
People
Laurinda Ochse
Customer Solutions Manager

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Funding Insights of AERCO

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in AERCO

AERCO has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Watts and The Riverside Company. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity and debt are provided to middle market companies.
Founded Year Domain Location
Water quality testing, rainwater harvesting, and management services are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by AERCO

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - AERCO

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Aerco Comparisons

Employees
+
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Competitors of AERCO

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Aerco

Frequently Asked Questions about AERCO

What does AERCO do?

AERCO is engaged in the design and production of energy-efficient commercial condensing boilers and high-efficiency water heaters. Solutions are tailored for various sectors including education, healthcare, hospitality, and industrial markets. A system-design approach is utilized to ensure superior performance and lower operating costs. Innovative technologies are incorporated to meet customer-specific needs across diverse applications.

What products or services does AERCO offer?

AERCO offers Benchmark Boilers, SmartPlate EV, and Sequoia.

Who are AERCO's investors?

AERCO has 2 investors. Key investors include Watts, and The Riverside Company.

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